This week, five machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
Rexnord Corporation (RXN) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Rexnord manufactures highly engineered power transmission, aerospace and other precision motion technology products. In Portfolio Grader’s specific subcategories of Earnings Revisions, Earnings Surprise and Equity, RXN also gets A’s. Shares of RXN have increased 7.8% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. 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 RXN stock.
Colfax Corporation (CFX) improves from a C to a B rating this week. Colfax is a supplier of a broad range of fluid handling products and technologies. At $65.01, the stock is above the 50-day moving average of $60.80. For more information, get Portfolio Grader’s complete analysis of CFX stock.
EnPro Industries, Inc.’s (NPO) ratings are looking better this week, moving up to a B from last week’s C. Enpro designs, develops, manufactures, and markets proprietary engineered industrial products. With a price of $75.10, it is above the 50-day moving average of $58.81. For more information, get Portfolio Grader’s complete analysis of NPO stock.
Xylem Inc. (XYL) boosts its rating from a C to a B this week. Xylem engages in the design, manufacturing, and application of technologies for the water industry. The stock’s price of $35.44 is above the 50-day moving average of $34.46. For more information, get Portfolio Grader’s complete analysis of XYL stock.
This week, John Bean Technologies Corporation (JBT) pushes up from a C to a B rating. John Bean Technologies is a technology solutions provider to the food processing and air transportation industries. At $32.28, the stock is above the 50-day moving average of $29.17. For more information, get Portfolio Grader’s complete analysis of JBT 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.
