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. 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. 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. 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.