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 showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Shares of the stock have been changing hands at an unusually rapid pace, up 3286.1% from the week prior. For more information, get Portfolio Grader’s complete analysis of MRVC stock.
Ituran Location & Control (ITRN) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Ituran Location and Control sells global positioning systems for locating motor vehicles and retrieving stolen cars. For more information, get Portfolio Grader’s complete analysis of ITRN stock.
This week, Novatel Wireless, Inc.’s (MIFI) ratings are up from a C last week to a B. 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 MIFI 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.