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) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. 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 trading at an exceptionally rapid pace, up 743.4% from the week prior. For more information, get Portfolio Grader’s complete analysis of LBY stock.
This week, Universal Electronics (UEIC) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of UEIC stock.
Newell Rubbermaid (NWL) earns a B this week, jumping up from last week’s grade of C. 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, up 693.1% from 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.