Geopolitical tremors out of Russia and the Ukraine have shaken up the markets today, so the major indices are off about 1%. If the recent bumpiness has you nervous, you can keep this in mind: I do expect the U.S. economy to heat up once we’ve put this severe winter weather behind us. So while we may see some near-term bumpiness in the market, I’m optimistic that we’ll weather those dips just fine and have a good first half of 2014 and beyond.
Even though the stock market might be oscillating day to day, volatility is now moderating and I suspect that we can use these daily oscillations to step up and buy these premium stocks.
But before you buy, let’s look at the 50 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.
Last Week’s Holds Now Buys
Last Week’s Buys, Now Holds
Last Week’s Holds, Now Sells