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3 Durable Goods Stocks to Buy Now

LBY, UEIC, NWL improve in weekly rankings


This week, three durable goods stocks are improving their overall rating on Portfolio Grader. Each of these rates 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.

Universal Electronics (UEIC) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. 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 UEIC stock.

Newell Rubbermaid (NWL) is seeing ratings go up from a C last week to a B this week. 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.

Article printed from InvestorPlace Media, http://investorplace.com/2014/08/3-durable-goods-stocks-to-buy-now-lby-ueic-nwl-14/.

©2017 InvestorPlace Media, LLC