The grades of three durable goods stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.
Libbey Inc. (LBY) is bumping up its rating from a C (“hold”) 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. For more information, get Portfolio Grader’s complete analysis of LBY stock.
Universal Electronics (UEIC) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. 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 is a strong week for Newell Rubbermaid (NWL). The company’s rating climbs to B from the previous week’s C. 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.