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”).
Libbey Inc.’s (LBY) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Libbey designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. In Portfolio Grader’s specific subcategories of Equity and Margin Growth, LBY also gets A’s. For more information, get Portfolio Grader’s complete analysis of LBY stock.
Newell Rubbermaid (NWL) boosts its rating from a C to a B this week. Newell Rubbermaid manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. For more information, get Portfolio Grader’s complete analysis of NWL stock.
Universal Electronics (UEIC) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. For more information, get Portfolio Grader’s complete analysis of UEIC 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.