6 Machinery Stocks to Buy Now

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Six Machinery stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

This week, Edwards Group Ltd. ADS (NASDAQ:EVAC) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions, Earnings Surprise, and Cash Flow, EVAC also gets A’s. For more information, get Portfolio Grader’s complete analysis of EVAC stock.

Wabtec (NYSE:WAB) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. 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.

Watts Water Technologies’ (NYSE:WTS) ratings are looking better this week, moving up to a B from last week’s C. 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 (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. Shares of ERII have increased 10.8% 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 ERII stock.

This is a strong week for Tecumseh Products (NASDAQ:TECUA). The company’s rating climbs to A from the previous week’s B. 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 week, Alamo Group (NYSE:ALG) pushes up from a C to a B rating. 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, https://investorplace.com/2013/08/6-machinery-stocks-to-buy-now-evac-wab-wts/.

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