Downgrades This Week: FDX, HMC, RIMM, RBS


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.”

Don’t miss Louis Navellier’s stock upgrades for this week, which Boeing (BA), Hitachi (HIT), Xerox (XRX) and Yum! Brands (YUM).

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.

ACE ACE Ltd. Insurance $17.8 C B
CB Chubb Corp. Insurance $17.3 D C
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
L Loews Corp. Insurance $16.1 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

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC