The grades of three distributors stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, Edgen Group Inc. Class A (EDG) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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.
This week, Aircastle Limited’s (AYR) ratings are up from a C last week to a B. Aircastle is engaged in acquiring, leasing, and selling commercial jet aircrafts to passenger and cargo airlines throughout the world. For more information, get Portfolio Grader’s complete analysis of AYR stock.
United Rentals, Inc. (URI) gets a higher grade this week, advancing from a C last week to a B. United Rentals is an equipment rental company that serves construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. For more information, get Portfolio Grader’s complete analysis of URI 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.