The grades of three machinery stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
WABCO Holdings (WBC) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Wabco Holdings manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems, that improve vehicle performance and safety and reduce overall vehicle operating costs. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Equity, Cash Flow and Margin Growth, WBC also gets A’s. The stock has moved up a slight 2.7% over the past week. For more information, get Portfolio Grader’s complete analysis of WBC stock.
This is a strong week for American Railcar Industries, Inc. (ARII). The company’s rating climbs to B from the previous week’s C. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of ARII stock.
Luxfer Holdings PLC Sponsored ADR (LXFR) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Luxfer Holdings, a materials technology company, engages in the design, manufacture, and supply of materials, components, and gas cylinders. For more information, get Portfolio Grader’s complete analysis of LXFR 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.