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”).
Edgen Group Inc. Class A (EDG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. 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.
The rating of Aircastle Limited (AYR) moves up this week, rising from a C 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.
This week, United Rentals, Inc. (URI) pushes up from a C to a B rating. 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.