FedEx (FDX), Honda Motor Co. (HMC), Research in Motion (RIMM) and The Royal Bank of Scotland (RBS) were among some of the widely held stocks downgraded by Louis Navellier in his latest fundamental stock analysis on April 5, 2010.
FedEx (FDX) spilled despite strong earnings last week as margins and cash flow remained poor in Navellier’s latest fundamental analysis. The stock was downgraded from a B grade or “buy” to a C grade or “sell” in Portfolio Grader.
Honda (HMC) posted strong sales growth for March, but it’s 23% year-over-year gain was in line with the industry average and far behind leaders Toyota (TM) and Ford (F), which each gained over 40% on the month compared the last year.The stock was downgraded from “hold” to “sell.”
A ChangeWave Research survey last week indiciated that Research in Motion (RIMM) was losing market share to the Android smart phone operating system by Google (GOOG), as well as facing continued competition from the Apple (AAPL) iPhone. The stock was downgraded from “hold” to “sell.”
The Royal Bank of Scotland (RBS) finally completed its separation with Dutch bank ABN Amro last week. The company continues to suffer from bad commercial and residential real estate debt on its books.The stock was downgraded from “hold” to “sell.”
About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being “strong buy” and F being “strong sell.” Portfolio Grader’s stock data is free and open to the public, and can be accessed online here.
|SYMBOL||COMPANY||SECTOR||MARKET CAP (B)||THIS WEEK||LAST WEEK|
|CRH||CRH PLC (ADS)||Construction Materials||$13.7||F||D|
|DB||Deutsche Bank AG||Capital Markets||$48.7||D||C|
|FDX||FedEx Corp.||Air Freight & Logistics||$28.8||C||B|
|FITB||Fifth Third Bancorp||Commercial Banks||$10.8||C||B|
|GPS||Gap Inc.||Specialty Retail||$16.0||C||B|
|HCP||HCP Inc.||Real Estate Investment Trusts (REITs)||$9.7||D||C|
|HMC||Honda Motor Co. Ltd. (ADS)||Automobiles||$64.5||D||C|
|KUB||Kubota Corp. (ADS)||Machinery||$11.9||C||B|
|LYG||Lloyds Banking Group PLC (ADS)||Commercial Banks||$62.5||D||C|
|MAR||Marriott International Inc.||Hotels Restaurants & Leisure||$11.4||D||C|
|PSA||Public Storage||Real Estate Investment Trusts (REITs)||$15.6||C||B|
|RIMM||Research In Motion Ltd.||Communications Equipment||$38.0||D||C|
|RBS||Royal Bank of Scotland Group PLC (ADS)||Commercial Banks||$38.8||D||C|
|SHLD||Sears Holdings Corp.||Multiline Retail||$12.5||C||B|
|TROW||T. Rowe Price Group Inc.||Capital Markets||$14.4||C||B|
|VIP||Vimpel Communications (ADS)||Diversified Telecommunication Services||$19.1||C||B|