8 Machinery Stocks to Buy Now

8 Machinery Stocks to Buy Now

The grades of 8 Machinery stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Parker-Hannifin Corporation (PH) is seeing ratings go up from a C last week to a B this week. Parker-Hannifin Corporation manufactures motion control products, including fluid power systems, electromechanical controls, and related components. The company also gets A’s in return on equity. For more information, get Portfolio Grader’s complete analysis of PH stock.

The rating of Joy Global Inc. (JOY) moves up this week, rising from a C to a B. Joy Global Inc. manufactures and markets underground mining equipment and surface mining equipment. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of JOY stock.

This week, Terex Corporation’s (TEX) ratings are up from a C last week to a B. Terex Corporation is a global manufacturer of capital equipment intended to deliver solutions for the construction, infrastructure, quarrying, surface mining, shipping, transportation, power and energy industries. The company also gets A’s in earnings growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of TEX stock.

Energy Recovery, Inc. (ERII) boosts its rating from a B to a A this week. Energy Recovery, Inc. develops and manufactures energy recovery devices utilized in the water desalination industry. The company also gets A’s in sales growth. For more information, get Portfolio Grader’s complete analysis of ERII stock.

This is a strong week for Blue Bird Corporation (BLBD). The company’s rating climbs to B from the previous week’s C. The company also gets A’s in sales growth and earnings surprise. For more information, get Portfolio Grader’s complete analysis of BLBD stock.

Wabash National Corporation (WNC) gets a higher grade this week, advancing from a C last week to a B. Wabash National Corporation designs, manufactures and markets standard and customized truck trailers and intermodal equipment. The company also gets A’s in operating margin growth, earnings revisions, return on equity, and free cash flow. For more information, get Portfolio Grader’s complete analysis of WNC stock.

Commercial Vehicle Group, Inc.’s (CVGI) ratings are looking better this week, moving up to a B from last week’s C. Commercial Vehicle Group, Inc. designs and manufactures cab related products and systems for the commercial vehicle markets worldwide. The company also gets A’s in earnings revisions, earnings surprise, and free cash flow. For more information, get Portfolio Grader’s complete analysis of CVGI stock.

This week, ARC Group Worldwide, Inc. (ARCW) pushes up from a C to a B rating. ARC Group Worldwide, Inc. provides wireless network component and end-to-end wireless network solutions. The company also gets A’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of ARCW 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.


Article printed from InvestorPlace Media, https://investorplace.com/2016/09/8-machinery-stocks-to-buy-now-2/.

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