Thursday, January 2, 2014

5 Machinery Stocks to Buy Now

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The grades of five 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”).

This week, Westinghouse Air Brake Technologies Corporation () is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. In Portfolio Grader’s specific subcategory of Equity, WAB also gets an A. .

This week, Watts Water Technologies, Inc. Class A () is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Watts Water Technologies designs, manufactures and sells a line of water safety and flow control products for the water quality, water conservation, water safety and water flow control markets. .

Energy Recovery, Inc. () is seeing ratings go up from a B last week to an A this week. Energy Recovery develops and manufactures energy recovery devices utilized in the water desalination industry. .

This is a strong week for Tecumseh Products Company Class A (). The company’s rating climbs to A from the previous week’s B. Tecumseh Products is a full-line, independent, global manufacturer of hermetically sealed compressors for residential and commercial refrigerators, freezers, water coolers, dehumidifiers, window air conditioning units and residential and commercial central system air conditioners and heat pumps. .

The rating of Alamo Group () moves up this week, rising from a C to a B. Alamo is a designer, manufacturer, distributor, and service provider for high-quality equipment for right-of-way maintenance and agriculture. .

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.

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