3 Durable Goods Stocks to Buy Now

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The grades of three durable goods 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.

Libbey Inc. () is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Libbey designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. In Portfolio Grader’s specific subcategories of Equity and Margin Growth, LBY also gets A’s. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. .

Universal Electronics () is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Universal Electronics develop wireless control products and audio-video accessories for home entertainment systems. .

Newell Rubbermaid () shows solid improvement this week. The company’s rating rises from a C to a B. Newell Rubbermaid manufactures and markets branded consumer products which are sold through a variety of retail and wholesale distribution channels. .

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.