4 Machinery Stocks to Buy Now

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Four 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”).

Trinity Industries, Inc. (TRN) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Trinity Industries is engaged in the manufacture and sale of railcars and railcar parts, inland barges, structural wind towers, concrete and aggregates, asphalt, highway products and structural steel components. In Portfolio Grader’s specific subcategories of Earnings Growth and Earnings Revisions, TRN also gets A’s. At $57.88, the stock is above the 50-day moving average of $53.36. For more information, get Portfolio Grader’s complete analysis of TRN stock.

This week, Twin Disc, incorporated (TWIN) pushes up from a C to a B rating. Twin Disc is engaged in the design, manufacture and sale of marine and heavy-duty off-highway power transmission equipment. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of TWIN stock.

The Gorman-Rupp Company (GRC) gets a higher grade this week, advancing from a C last week to a B. Gorman-Rupp designs, manufactures, and sells pumps and related fluid control equipment. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of GRC stock.

This week, NN, Inc. (NNBR) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. NN is an independent manufacturer and supplier of precision steel balls and rollers to both domestic and international anti-friction bearing manufacturers. For more information, get Portfolio Grader’s complete analysis of NNBR 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/2014/01/4-machinery-stocks-to-buy-now-trn-twin-grc/.

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