Three durable goods 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”).
Libbey Inc. (LBY) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Libbey designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. In Portfolio Grader’s specific subcategories of Equity and Margin Growth, LBY also gets A’s. For more information, get Portfolio Grader’s complete analysis of LBY stock.
This week, Universal Electronics (UEIC) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. The stock price has risen 8.7% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of UEIC stock.
The rating of Newell Rubbermaid (NWL) moves up this week, rising from a C to a B. Newell Rubbermaid manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. For more information, get Portfolio Grader’s complete analysis of NWL 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.