Saturday, June 21, 2014

3 Machinery Stocks to Buy Now

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The grades of three 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.

Luxfer Holdings PLC Sponsored ADR () is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Luxfer Holdings, a materials technology company, engages in the design, manufacture, and supply of materials, components, and gas cylinders. In Portfolio Grader’s specific subcategory of Equity, LXFR also gets an A. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. .

American Railcar Industries, Inc. () is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. American Railcar Industries designs, manufactures, and sells hopper and tank railcars in North America. .

This week, WABCO Holdings () pushes up from a C to a B rating. Wabco Holdings manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems, that improve vehicle performance and safety and reduce overall vehicle operating costs. .

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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