3 Machinery Stocks to Buy Now

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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.

Luxfer Holdings PLC Sponsored ADR (LXFR) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Luxfer Holdings, a materials technology company, engages in the design, manufacture, and supply of materials, components, and gas cylinders. In Portfolio Grader’s specific subcategory of Equity, LXFR also gets an A. With a price of $20.30, it is above the 50-day moving average of $19.92. Shares of the stock have been changing hands at an unusually rapid pace, up 644.9% from the week prior. For more information, get Portfolio Grader’s complete analysis of LXFR stock.

This week, WABCO Holdings (WBC) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of WBC stock.

The rating of American Railcar Industries, Inc. (ARII) moves up this week, rising from a C to a B. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. For more information, get Portfolio Grader’s complete analysis of ARII 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-machinery-stocks-to-buy-now-lxfr-wbc-arii-4/.

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