3 Durable Goods Stocks to Buy Now

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Three durable goods 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, Cavco Industries, Inc. (CVCO) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Cavco Industries designs and produces factory-built homes, which are mainly sold to a network of retailers throughout the continental United States. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, Earnings Surprise and Margin Growth, CVCO also gets A’s. For more information, get Portfolio Grader’s complete analysis of CVCO stock.

Harman International Industries, Incorporated (HAR) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Harman International designs, manufactures, and markets audio and electronic systems. Shares of HAR have increased 20.6% 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 HAR stock.

This week, Mohawk Industries, Inc.’s (MHK) ratings are up from a C last week to a B. Mohawk Industries produces floor covering products for residential and commercial applications. For more information, get Portfolio Grader’s complete analysis of MHK 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/2014/02/3-durable-goods-stocks-to-buy-now-cvco-har-mhk/.

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