3 Distributors Stocks to Buy Now

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Three distributors 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”).

Edgen Group Inc. Class A (EDG) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Edgen Group is a holding company which distributes specialty products to the energy sector. In Portfolio Grader’s specific subcategory of Equity, EDG also gets an A. For more information, get Portfolio Grader’s complete analysis of EDG stock.

United Rentals, Inc. (URI) earns a B this week, jumping up from last week’s grade of C. United Rentals is an equipment rental company that serves construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The stock price has risen 5.1% 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 trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of URI stock.

Aircastle Limited (AYR) boosts its rating from a C to a B this week. Aircastle is engaged in acquiring, leasing, and selling commercial jet aircrafts to passenger and cargo airlines throughout the world. For more information, get Portfolio Grader’s complete analysis of AYR 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/2014/04/3-distributors-stocks-to-buy-now-edg-uri-ayr-7/.

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