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6 Machinery Stocks to Buy Now

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

   
6 Machinery Stocks to Buy Now

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. ADR (NASDAQ:EVAC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Edwards Group is an industrial technology company that manufactures and sells vacuum products and abatement systems. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Surprise, Cash Flow, and Sales Growth, EVAC also gets A’s. For more information, get Portfolio Grader’s complete analysis of EVAC stock.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earns an A this week, jumping up from last week’s grade of B. 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, Inc. Class A (NYSE:WTS) is bumping up its rating from a C (“hold”) 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. The stock price has risen 7.3% 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 WTS stock.

This is a strong week for Energy Recovery, Inc. (NASDAQ:ERII). The company’s rating climbs to A from the previous week’s 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.

Tecumseh Products Company Class A’s (NASDAQ:TECUA) ratings are looking better this week, moving up to an A from last 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, http://investorplace.com/2013/11/6-machinery-stocks-to-buy-now-evac-wab-wts-3/.

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