Three road and rail 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, RailAmerica (RA) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. RailAmerica owns and operates short-line and regional freight railroads in North America. For more information, get Portfolio Grader’s complete analysis of RA stock.
Avis Budget Group, Inc.’s (CAR) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Avis provides cars and trucks for businesses and consumers to rent in the United States and internationally. The stock price has risen 5.8% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of CAR stock.
This week, Vitran Corporation Inc. (VTNC) pushes up from a C to a B rating. Vitran provides freight surface transportation and related supply chain services in Canada and the United States. For more information, get Portfolio Grader’s complete analysis of VTNC 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.