The grades of four Capital Markets stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
ICG Group (NASDAQ:ICGE) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. ICG Group is an Internet holding company primarily involved in managing and operating a network of business-to-business e-commerce companies. In Portfolio Grader’s specific subcategories of Earnings Momentum, Margin Growth, and Sales Growth, ICGE also gets A’s. For more information, get Portfolio Grader’s complete analysis of ICGE stock.
Lazard Ltd. (NYSE:LAZ) shows solid improvement this week. The company’s rating rises from a C to a B. Lazard provides domestic and international financial advisory services and global transaction execution to corporations, partnerships, institutions, governments, and individuals. The stock price has risen 10.7% over the past month, better than the 3.1% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of LAZ stock.
Bank of New York Mellon (NYSE:BK) earns a B this week, jumping up from last week’s grade of C. The Bank of New York Mellon is a global financial services company that offers individuals and institutions products and services such as asset management, wealth management, and advisory services. For more information, get Portfolio Grader’s complete analysis of BK stock.
This week, Piper Jaffray (NYSE:PJC) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Piper Jaffray provides investment advice and services to businesses, institutions, and individuals. Wall Street seems to agree with the upgrade and has propelled the stock up 21.7% over the past month. For more information, get Portfolio Grader’s complete analysis of PJC stock.
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.