Thursday, October 20, 2011

6 Industrial Stocks Polluting Your Portfolio

It should be no surprise to anyone that manufacturing stocks arent what they
used to be. Weak consumer spending has caused a big reduction in demand for many
goods and the lion's share of cheap products in America are made in Asia, not
by publicly traded stocks in the West. Throw in the difficult credit markets and
the high capital cost of manufacturing plants and machinery and you can see why
many manufacturing stocks are in deep trouble. I watch more than 5,000 publicly
traded companies with my Portfolio Grader tool, ranking companies by a number of
fundamental and quantitative measures. This week, I present to you 6 industrial
stocks to sell. Here they are, in alphabetical order. Each one of these stocks
gets a "D" or "F" according to my research, meaning it is a "sell"
or "strong sell." Ingersoll-Rand (NYSE: IR ) works with products, services
and solutions that enhance the comfort of air in homes and buildings, transport,
commercial properties and other environments. A year-to-date decline of almost
37% has done nothing to reassure IR shareholders. Kubota Corp. (NYSE: KUB ) is
well-known in the industrial sector for developing farm equipment, engines and
construction machinery. Year-to-date, KUB stock has dropped more than 16%.
Manitowoc Co. (NYSE: MTW ) manufactures capital goods for a variety of
industries. MTW stock has also had a forgettable 2011, down 39% since the
beginning of January. Oshkosh Corp. (NYSE: OSK ) is a designer, manufacturer and
marketer of a range of vehicles and vehicle bodies. OSK has not thrived at all
during the last year, declining 46% since the start of 2011. Paccar Inc.
(NASDAQ: PCAR ) designs and manufactures trucks in a variety of sizes under
the names Kenworth, Peterbilt and DAF. PCAR stock is down 30%, year to date,
compared to a loss of just .6% for the Dow. Terex Corp. (NYSE: TEX ) is a global
manufacturer of machinery products. Like many other industrial stocks, TEX has
lost more than 56% year-to-date. Get more analysis of these picks and other
publicly-traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock-rating tool that measures both quantitative buying pressure and eight
fundamental factors.

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