3 Metals and Mining Stocks to Buy Now

Three metals and mining 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”).

U.S. Silica Holdings, Inc. (SLCA) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. U.S. Silica Holdings engages in the mining, processing, and sale of commercial silica in the United States. In Portfolio Grader’s specific subcategories of Equity and Sales Growth, SLCA also gets A’s. Shares of SLCA have increased 14.8% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SLCA stock.

Ternium S.A. Sponsored ADR (TX) improves from a C to a B rating this week. Ternium is a steel company that makes flat and long steel products for customers engaged in the construction, home appliances, capital goods, container, food, energy and automotive industries. The stock’s price of $30.05 is above the 50-day moving average of $29.91. 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 TX stock.

Synalloy Corporation’s (SYNL) ratings are looking better this week, moving up to a B from last week’s C. Synalloy engages in metals and specialty chemicals businesses in the United States and internationally. For more information, get Portfolio Grader’s complete analysis of SYNL 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-metals-and-mining-stocks-to-buy-now-slca-tx-synl/.

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