Saturday, November 30, 2013

6 Machinery Stocks to Buy Now

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The grades of six Machinery 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.

This week, ARC Group Worldwide, Inc. (NASDAQ:) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). ARC Wireless Solutions provides wireless network component and end-to-end wireless network solutions. In Portfolio Grader’s specific subcategory of Equity, ARCW also gets an A. .

Westinghouse Air Brake Technologies Corporation (NYSE:) improves from a B to an A rating this week. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry. .

Watts Water Technologies, Inc. Class A (NYSE:) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. 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. The stock price has risen 5.3% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. .

Energy Recovery, Inc. (NASDAQ:) earns an A this week, jumping up from last week’s grade of B. Energy Recovery develops and manufactures energy recovery devices utilized in the water desalination industry. .

Tecumseh Products Company Class A (NASDAQ:) shows solid improvement this week. The company’s rating rises from a B to an A. 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. .

Alamo Group (NYSE:) earns a B this week, jumping up from last week’s grade of C. Alamo Group 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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