35 Actions to Take on Monday’s Market Dip

by Louis Navellier | April 15, 2013 7:21 pm

35 Actions to Take on Monday’s Market Dip

Gold plunges to a two-year low. Brent crude falls to $100 a barrel. Silver, copper and nickel prices retreat. Monday was not a good day for commodities[1], and that’s thanks to surprisingly lackluster economic data from China. According to the latest estimates, China’s economic grew 7.7% in the first quarter. While we would be ecstatic to see this kind of growth in the U.S., in an economic powerhouse like China, it underwhelmed expectations.

And the doldrums have spread into the stock market as well—the major indices fell[2] 1% to 2%. But it appears that the flight to quality is finally underway. If you look at the strongest performers on the S&P 500 today, you’ll notice that the bulk of them are A- and B-rated stocks[3].

As we make our way through an increasingly volatile spring and summer market, I want you to keep this in mind. As long as you stick with the top-rated stocks, you should be in a good position to take advantage of near-term dips. This is why I start each and every week by rescreening the stocks in Portfolio Grader—this give us all a chance to stay ahead of the curve as the market becomes more and more narrow.

So let’s look at the 35 big blue chips that have been upgraded and downgraded this weekend. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for each of the stocks listed below.

Upgrades

Last Week’s Holds, Now Buys

Symbol Company Name Quantitative Grade Fundamental Grade
ADP[4] Automatic Data Processing B C
AET[5] Aetna B C
BX[6] Blackstone Group B B
GSK[7] GlaxoSmithKline B C
KORS[8] Michael Kors C A
NTT[9] Nippon Telegraph & Telephone B B
PCG[10] PG&E B D
RAI[11] Reynolds American B C
SIRI[12] Sirius XM B C

Last Week’s Sells, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
BXP[13] Boston Properties C D
CSX[14] CSX D C
EQR[15] Equity Residential D C
F[16] Ford C C
FAST[17] Fastenal D C
FRX[18] Forest Laboratories C D
HMC[19] Honda Motor C D
IVZ[20] INVESCO C C
KMI[21] Kinder Morgan D C
LULU[22] lululemon D B
PCAR[23] Paccar C C

Downgrades

Last Week’s Buys, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
AGN[24] Allergan C C
LOW[25] Lowe’s C C
MA[26] MasterCard C B
NLY[27] Annaly Capital Management C C
OMC[28] Omnicom Group C B
RTN[29] Raytheon C C
TRI[30] Thomson Reuters C C

Last Week’s Holds, Now Sells

Symbol Company Name Quantitative Grade Fundamental Grade
ABV[31] Companhia de Bebidas das Americas D B
AMAT[32] Applied Materials D C
AVB[33] AvalonBay D C
CRM[34] salesforce.com D C
DLTR[35] Dollar Tree D B
PH[36] Parker-Hannifin D C
SBUX[37] Starbucks D C
UPS[38] United Parcel Service D D
Endnotes:
  1. not a good day for commodities: http://investorplace.com/2013/04/daily-stock-market-news-carnage-in-gold-and-silver-could-be-a-leading-indicator/
  2. the major indices fell: http://investorplace.com/2013/04/china-grinds-markets-to-a-halt-mondays-ip-market-recap-nem-rio-fcx-gld-dish/
  3. the bulk of them are A- and B-rated stocks: http://navelliergrowth.investorplace.com/portfolio-grader/report-card.html?act=sp500
  4. ADP: http://studio-5.financialcontent.com/investplace/quote?Symbol=ADP
  5. AET: http://studio-5.financialcontent.com/investplace/quote?Symbol=AET
  6. BX: http://studio-5.financialcontent.com/investplace/quote?Symbol=BX
  7. GSK: http://studio-5.financialcontent.com/investplace/quote?Symbol=GSK
  8. KORS: http://studio-5.financialcontent.com/investplace/quote?Symbol=KORS
  9. NTT: http://studio-5.financialcontent.com/investplace/quote?Symbol=NTT
  10. PCG: http://studio-5.financialcontent.com/investplace/quote?Symbol=PCG
  11. RAI: http://studio-5.financialcontent.com/investplace/quote?Symbol=RAI
  12. SIRI: http://studio-5.financialcontent.com/investplace/quote?Symbol=SIRI
  13. BXP: http://studio-5.financialcontent.com/investplace/quote?Symbol=BXP
  14. CSX: http://studio-5.financialcontent.com/investplace/quote?Symbol=CSX
  15. EQR: http://studio-5.financialcontent.com/investplace/quote?Symbol=EQR
  16. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  17. FAST: http://studio-5.financialcontent.com/investplace/quote?Symbol=FAST
  18. FRX: http://studio-5.financialcontent.com/investplace/quote?Symbol=FRX
  19. HMC: http://studio-5.financialcontent.com/investplace/quote?Symbol=HMC
  20. IVZ: http://studio-5.financialcontent.com/investplace/quote?Symbol=IVZ
  21. KMI: http://studio-5.financialcontent.com/investplace/quote?Symbol=KMI
  22. LULU: http://studio-5.financialcontent.com/investplace/quote?Symbol=LULU
  23. PCAR: http://studio-5.financialcontent.com/investplace/quote?Symbol=PCAR
  24. AGN: http://studio-5.financialcontent.com/investplace/quote?Symbol=AGN
  25. LOW: http://studio-5.financialcontent.com/investplace/quote?Symbol=LOW
  26. MA: http://studio-5.financialcontent.com/investplace/quote?Symbol=MA
  27. NLY: http://studio-5.financialcontent.com/investplace/quote?Symbol=NLY
  28. OMC: http://studio-5.financialcontent.com/investplace/quote?Symbol=OMC
  29. RTN: http://studio-5.financialcontent.com/investplace/quote?Symbol=RTN
  30. TRI: http://studio-5.financialcontent.com/investplace/quote?Symbol=TRI
  31. ABV: http://studio-5.financialcontent.com/investplace/quote?Symbol=ABV
  32. AMAT: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMAT
  33. AVB: http://studio-5.financialcontent.com/investplace/quote?Symbol=AVB
  34. CRM: http://studio-5.financialcontent.com/investplace/quote?Symbol=CRM
  35. DLTR: http://studio-5.financialcontent.com/investplace/quote?Symbol=DLTR
  36. PH: http://studio-5.financialcontent.com/investplace/quote?Symbol=PH
  37. SBUX: http://studio-5.financialcontent.com/investplace/quote?Symbol=SBUX
  38. UPS: http://studio-5.financialcontent.com/investplace/quote?Symbol=UPS

Source URL: http://investorplace.com/2013/04/35-actions-to-take-on-mondays-market-dip-adp-aet-bx-gsk-kor/
Short URL: http://invstplc.com/1fxO4Ne