5 Machinery Stocks to Buy Now

by Portfolio Grader | October 4, 2013 11:45 am

This week, five Machinery stocks are improving their overall ratings on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Westinghouse Air Brake Technologies Corporation (NYSE:WAB[2]) 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. In Portfolio Grader’s specific subcategory of Equity, WAB also gets an A. The stock price has risen 5.9% 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].

Watts Water Technologies, Inc. Class A (NYSE:WTS[4]) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. 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].

Energy Recovery, Inc. (NASDAQ:ERII[6]) earns an A this week, jumping up from last week’s grade of B. 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].

Tecumseh Products Company Class A (NASDAQ:TECUA[8]) improves from a B to an A rating this week. 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].

The rating of Alamo Group (NYSE:ALG[10]) moves up this week, rising from a C to a B. 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/2013/10/5-machinery-stocks-to-buy-now-wab-wts-erii-22/

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