3 Durable Goods Stocks to Buy Now

Three durable goods 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”).

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. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of LBY stock.

This week, Universal Electronics (UEIC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. 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 threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of UEIC stock.

Newell Rubbermaid (NWL) shows solid improvement this week. The company’s rating rises from a C 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 changing hands at an unusually rapid pace, twice the rate of 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.


Article printed from InvestorPlace Media, https://investorplace.com/2014/09/3-durable-goods-stocks-to-buy-now-lby-ueic-nwl-17/.

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