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 bettering its rating of C (“hold”) from last week to a B (“buy”) 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. Shares of the stock have been trading at an exceptionally rapid pace, up fourfold from the week prior. 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. For more information, get Portfolio Grader’s complete analysis of UEIC stock.
This week, Newell Rubbermaid’s (NWL) ratings are up from a C last week to a B. Newell Rubbermaid manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. 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.