6 Machinery Stocks to Buy Now

EVAC, WAB, WTS, ERII, TECUA, ALG improve in weekly rankings

   
6 Machinery Stocks to Buy Now

The grades of six Machinery stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

Edwards Group Ltd. ADR (NASDAQ:EVAC) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions, Earnings Surprise, and Cash Flow, EVAC also gets A’s. Shares of EVAC have increased 18.6% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of EVAC stock.

This week, Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. For more information, get Portfolio Grader’s complete analysis of WAB stock.

This week, Watts Water Technologies, Inc. Class A (NYSE:WTS) pushes up from a C to a B rating. Watts Water Technologies designs, manufactures and sells a line of water safety and flow control products for the water quality, water conservation, water safety and water flow control markets. For more information, get Portfolio Grader’s complete analysis of WTS stock.

Energy Recovery, Inc. (NASDAQ:ERII) gets a higher grade this week, advancing from a B last week to an A. Energy Recovery develops and manufactures energy recovery devices utilized in the water desalination industry. For more information, get Portfolio Grader’s complete analysis of ERII stock.

This week, Tecumseh Products Company Class A’s (NASDAQ:TECUA) ratings are up from a B last week to an A. Tecumseh Products is a full-line, independent, global manufacturer of hermetically sealed compressors for residential and commercial refrigerators, freezers, water coolers, dehumidifiers, window air conditioning units and residential and commercial central system air conditioners and heat pumps. For more information, get Portfolio Grader’s complete analysis of TECUA stock.

This is a strong week for Alamo Group (NYSE:ALG). The company’s rating climbs to B from the previous week’s C. Alamo Group is a designer, manufacturer, distributor, and service provider for high-quality equipment for right-of-way maintenance and agriculture. For more information, get Portfolio Grader’s complete analysis of ALG stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/6-machinery-stocks-to-buy-now-evac-wab-wts-2/.

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