The grades of three communications equipment stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, MRV Communications, Inc. (MRVC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. For more information, get Portfolio Grader’s complete analysis of MRVC stock.
Ituran Location & Control (ITRN) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Ituran Location and Control sells global positioning systems for locating motor vehicles and retrieving stolen cars. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of ITRN stock.
Novatel Wireless, Inc. (NVTL) boosts its rating from a C to a B this week. Novatel Wireless provides wireless data modems and software for use with handheld computing devices and portable personal electronics. For more information, get Portfolio Grader’s complete analysis of NVTL 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.