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.’s (LBY) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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, up 643.5% from the week prior. For more information, get Portfolio Grader’s complete analysis of LBY stock.
Universal Electronics (UEIC) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. 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 twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of UEIC stock.
The rating of Newell Rubbermaid (NWL) moves up this week, rising 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.