48 Ways to Prepare for Earnings Season

by Louis Navellier | June 18, 2013 10:37 am

Second-quarter earnings season is just around the corner (Alcoa (AA[1]) reports on July 8), and it’s probably not going to turn any heads. To be clear, things are looking up from the last round of earnings announcements, but that’s not saying much. The S&P 500 is expected to post an average 2% sales growth and 6% earnings growth. In the anemic earnings environment, stock picking will prevail. So it’s in our best interest to prepare.

And you can do just that by running your positions through Portfolio Grader[2]. I’ll get you started by reviewing the 48 big blue chips that were just upgraded and downgraded this week in Portfolio Grader. If you hold any of the stocks below, you may want to take note because they are making big moves.

Upgrades

Last Week’s Holds, Now Buys

Symbol Company Name Quantitative Grade Fundamental Grade
CNP CenterPoint Energy B C
DAL Delta Air Lines B C
MON Monsanto B B
NEE NextEra Energy B D
NKE Nike B B
NVO Novo Nordisk B B
PGR Progressive B C
SE Spectra Energy B C
SYY Sysco B C
WYNN Wynn Resorts B B

Last Week’s Sells, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
AGN Allergan D B
BG Bunge C C
CTRX Catamaran C C
FRX Forest Laboratories C D
NOK Nokia C D
PNC PNC Financial Services D B

Downgrades

Last Week’s Buys, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
ABT Abbott Laboratories C B
CERN Cerner C B
CHT Chunghwa Telecom B C
CMCSA Comcast C B
CMCSK Comcast Corp. C C
DIS Walt Disney C B
FMX Fomento Economico Mexicano C B
HBC HSBC C B
ICE IntercontinentalExchange C C
LUK Leucadia National C C
MFC Manulife Financial C C
NU Northeast Utilities C B
ROP Roper Industries C B
RRC Range Resources C C
RY Royal Bank of Canada C B
SCHW Charles Schwab C C
WFC Wells Fargo C B
WY Weyerhaeuser C B

Last Week’s Holds, Now Sells

Symbol Company Name Quantitative Grade Fundamental Grade
CF CF Industries Holdings D C
CHK Chesapeake Energy D C
CHL China Mobile D B
COP ConocoPhillips D C
DG Dollar General D C
ESRX Express Scripts D B
KO Coca-Cola D C
MJN Mead Johnson Nutrition D C
MO Altria Group D C
MOS The Mosaic D C
PRGO Perrigo D C
SNP China Petroleum & Chemical D B
TV Grupo Televisa D C
USB U.S. Bancorp D C
Endnotes:
  1. AA: http://studio-5.financialcontent.com/investplace/quote?Symbol=AA
  2. running your positions through Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/06/48-ways-to-prepare-for-earnings-season-aa-cnp-dal-mon-nee/
Short URL: http://invstplc.com/1nCSKGa