This week, three distributors stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated 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.
The rating of United Rentals, Inc. (URI) moves up this week, rising from a C to a B. 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 11.7% 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 changing hands at an unusually rapid pace, twice the rate of 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. Shares of the stock have been changing hands at an unusually rapid pace, up 794.8% from the week prior. 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.