Bitcoin sets a new all-time high above $6,000 >>> READ MORE

3 Machinery Stocks to Buy Now

LXFR, WBC, ARII improve in weekly rankings


This week, three machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, Luxfer Holdings PLC Sponsored ADR (LXFR) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Luxfer Holdings, a materials technology company, engages in the design, manufacture, and supply of materials, components, and gas cylinders. In Portfolio Grader’s specific subcategory of Equity, LXFR also gets an A. Shares of the stock have been trading at an exceptionally rapid pace, up 1009.8% from the week prior. For more information, get Portfolio Grader’s complete analysis of LXFR stock.

WABCO Holdings’ (WBC) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Wabco Holdings manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems, that improve vehicle performance and safety and reduce overall vehicle operating costs. At $105.04, the stock is above the 50-day moving average of $104.91. For more information, get Portfolio Grader’s complete analysis of WBC stock.

American Railcar Industries, Inc.’s (ARII) ratings are looking better this week, moving up to a B from last week’s C. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. For more information, get Portfolio Grader’s complete analysis of ARII 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,

©2017 InvestorPlace Media, LLC