Investor Alert: Know Before You Buy These 48 Blue Chips

by Louis Navellier | May 15, 2013 10:30 am

Greetings from the Las Vegas MoneyShow[1]! I’m currently writing from Caesars Palace in the Entertainment Capital of the World and before I head off to my next seminar[2], I wanted to check in and get you up to speed on the latest market trends. In particular, I wanted to discuss the strategic importance of the next few weeks for investors—leading up to the Memorial Day holiday weekend.

I mention that date because the market tends to rally leading up to the holiday weekend. Then in June, Wall Street shifts its focus to second-quarter earnings season. This is important because analysts are already calling that the second quarter will be stronger than the first quarter in terms of profits. I don’t expect any real pullbacks in the market until August, when the market tends to “burp” following the end of second-quarter earnings season. So in several of my newsletters[3], I’ve put the pedal to the metal in terms of adding new stocks to our Buy Lists, and you may want to do the same.

But as my long-time readers can tell you, before you buy any stock, you should always run it through my free Portfolio Grader ratings system[4]. In Portfolio Grader, the Quantitative Grade you see measures the buying pressure. The Fundamental Grade you see evaluates the stock’s fundamentals. Blend those two grades together and what you get is the Total Grade.

To get a pulse on the latest buying opportunities (and the stocks you should now avoid), let’s look at the 48 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
ATVI Activision Blizzard C B
BAC Bank of America B C
BAP Credicorp B C
BTI British American Tobacco PLC ADR B B
C Citigroup B B
CSCO Cisco Systems B B
DTV DIRECTV B B
ENB Enbridge B C
EPD Enterprise Products Partners L.P. B C
FAST Fastenal B C
GM General Motors B C
HES Hess Corp. C B
JPM JPMorgan Chase C B
LOW Lowe’s B C
LUK Leucadia National B C
M Macy’s B B
MHP McGraw Hill Financial B C
MO Altria Group B B
MS Morgan Stanley B C
MU Micron Technology B C
MUR Murphy Oil B C
NKE Nike B B
VFC VF Corp. B B

Last Week’s Sells, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
AMTD TD Ameritrade Holding C C
BG Bunge C D
CCL Carnival D C
CHK Chesapeake Energy C C
HOG Harley-Davidson C B
JWN Nordstrom D B
KSS Kohl’s D C
LTD L Brands C C
LULU lululemon athletica D B
PCLN priceline.com D B
WFM Whole Foods Market D B
WYNN Wynn Resorts C B
XRX Xerox Corp. D B

Downgrades

Last Week’s Buys, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
DAL Delta Air Lines B C
EIX Edison International C B
ETR Entergy C B
T AT&T C C
UAL United Continental Holdings C C
WDC Western Digital C B

Last Week’s Holds, Now Sells

Symbol Company Name Quantitative Grade Fundamental Grade
AGNC American Capital Agency D C
BHI Baker Hughes D D
CIE Cobalt International Energy D C
ESRX Express Scripts D B
FRX Forest Laboratories D D
ROST Ross Stores D B
Endnotes:
  1. Las Vegas MoneyShow: http://www.moneyshow.com/tradeshow/las_vegas/moneyshow/
  2. before I head off to my next seminar: http://www.moneyshow.com/tradeshow/las_vegas/moneyshow/speakers/speaker_details/?speakerid=572SPK
  3. my newsletters: http://navelliergrowth.investorplace.com/compare-services.html
  4. my free Portfolio Grader ratings system: http://navelliergrowth.investorplace.com/portfolio-grader/

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