5 Machinery Stocks to Buy Now

by Portfolio Grader | September 27, 2013 11:30 am

The grades of five Machinery stocks are on the rise this week on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Westinghouse Air Brake Technologies Corporation (NYSE:WAB[2]) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. In Portfolio Grader’s specific subcategory of Equity, WAB also gets an A. The stock price has risen 5.1% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of WAB stock[3].

This week, Watts Water Technologies, Inc. Class A (NYSE:WTS[4]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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[5].

This week, Energy Recovery, Inc.’s (NASDAQ:ERII[6]) ratings are up 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[7].

The rating of Tecumseh Products Company Class A (NASDAQ:TECUA[8]) moves up this week, rising from a B 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[9].

Alamo Group (NYSE:ALG[10]) improves from a C to a B rating this week. 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[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Source URL: https://investorplace.com/2013/09/5-machinery-stocks-to-buy-now-wab-wts-erii-21/

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