I decided to revise my Portfolio Grader recommendations for 113 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Apr 22, 2024, 9:49 am EST
Source: iQoncept/Shutterstock.com
During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. 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 113 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.
This Week’s Ratings Changes:
Upgraded: Hold to Buy
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AEM
Agnico Eagle Mines Limited
B
C
B
ALLY
Ally Financial Inc
B
C
B
AMGN
Amgen Inc.
B
C
B
BK
Bank of New York Mellon Corp
B
C
B
BSY
Bentley Systems, Incorporated Class B
B
B
B
C
Citigroup Inc.
B
C
B
CCL.U
Carnival Corporation
B
C
B
CQP
Cheniere Energy Partners, L.P.
B
C
B
DUK
Duke Energy Corporation
B
C
B
EBAY
eBay Inc.
B
B
B
ELV
Elevance Health, Inc.
A
C
B
EMN
Eastman Chemical Company
B
C
B
EXPE
Expedia Group, Inc.
B
C
B
FCX
Freeport-McMoRan, Inc.
B
C
B
FIS
Fidelity National Information Services, Inc.
B
C
B
FITB
Fifth Third Bancorp
B
C
B
GM
General Motors Company
B
B
B
GRAB
Grab Holdings Limited Class A
B
B
B
HEI
HEICO Corporation
B
B
B
HPE
Hewlett Packard Enterprise Co.
B
C
B
KMI
Kinder Morgan Inc Class P
B
C
B
MFC
Manulife Financial Corporation
B
C
B
PBA
Pembina Pipeline Corporation
B
B
B
REGN
Regeneron Pharmaceuticals, Inc.
B
C
B
SCHW
Charles Schwab Corp
B
C
B
TMUS
T-Mobile US, Inc.
B
C
B
UBS
UBS Group AG
B
C
B
UNH
UnitedHealth Group Incorporated
B
C
B
VRTX
Vertex Pharmaceuticals Incorporated
B
C
B
VTRS
Viatris, Inc.
B
D
B
VZ
Verizon Communications Inc.
B
D
B
WPM
Wheaton Precious Metals Corp
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ASML
ASML Holding NV ADR
B
C
C
BX
Blackstone Inc.
C
B
C
CDNS
Cadence Design Systems, Inc.
C
B
C
CX
Cemex SAB de CV Sponsored ADR
B
C
C
DHI
D.R. Horton, Inc.
C
B
C
DXCM
DexCom, Inc.
C
B
C
EQNR
Equinor ASA Sponsored ADR
B
D
C
GFI
Gold Fields Limited Sponsored ADR
C
C
C
H
Hyatt Hotels Corporation Class A
C
C
C
HST
Host Hotels & Resorts, Inc.
C
C
C
IOT
Samsara, Inc. Class A
C
B
C
ISRG
Intuitive Surgical, Inc.
C
C
C
JNPR
Juniper Networks, Inc.
B
C
C
LEN
Lennar Corporation Class A
C
B
C
LYV
Live Nation Entertainment, Inc.
B
C
C
OKTA
Okta, Inc. Class A
C
C
C
ROL
Rollins, Inc.
C
B
C
SNA
Snap-on Incorporated
D
C
C
SRPT
Sarepta Therapeutics, Inc.
C
C
C
STLD
Steel Dynamics, Inc.
B
C
C
SYK
Stryker Corporation
C
B
C
TOST
Toast, Inc. Class A
C
B
C
TRI
Thomson Reuters Corporation
C
B
C
WSO.B
Watsco, Inc. Class B
C
D
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ATO
Atmos Energy Corporation
C
C
C
BAM
Brookfield Asset Management Ltd. Class A
C
C
C
BHP
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs
D
C
C
BLK
BlackRock, Inc.
D
B
C
BMO
Bank of Montreal
D
B
C
CFG
Citizens Financial Group, Inc.
C
C
C
CNP
CenterPoint Energy, Inc.
D
C
C
CVS
CVS Health Corporation
C
C
C
CVX
Chevron Corporation
C
D
C
DOW
Dow, Inc.
C
D
C
DTE
DTE Energy Company
C
C
C
EIX
Edison International
C
C
C
ERIC
Telefonaktiebolaget LM Ericsson Sponsored ADR Class B
D
C
C
EXC
Exelon Corporation
D
C
C
FMS
Fresenius Medical Care AG Sponsored ADR
D
C
C
FOX
Fox Corporation Class B
D
C
C
FOXA
Fox Corporation Class A
D
C
C
FWONK
Liberty Media Corp. Series C Liberty Formula One
C
D
C
GIB
CGI Inc. Class A
D
C
C
GPC
Genuine Parts Company
C
C
C
HRL
Hormel Foods Corporation
D
C
C
KDP
Keurig Dr Pepper Inc.
D
B
C
KHC
Kraft Heinz Company
C
C
C
LUV
Southwest Airlines Co.
D
B
C
LYG
Lloyds Banking Group plc Sponsored ADR
C
C
C
MS
Morgan Stanley
D
B
C
NICE
NICE Ltd. Sponsored ADR
D
C
C
ORAN
Orange SA Sponsored ADR
C
C
C
PEP
PepsiCo, Inc.
D
B
C
PFG
Principal Financial Group, Inc.
C
C
C
PM
Philip Morris International Inc.
C
C
C
STT
State Street Corporation
D
C
C
T
AT&T Inc.
C
C
C
TEF
Telefonica SA Sponsored ADR
C
D
C
TFC
Truist Financial Corporation
C
D
C
TRP
TC Energy Corporation
D
C
C
TSCO
Tractor Supply Company
C
C
C
UAL
United Airlines Holdings, Inc.
C
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AAPL
Apple Inc.
D
C
D
BEKE
KE Holdings, Inc. Sponsored ADR Class A
D
B
D
BRKR
Bruker Corporation
D
B
D
CHT
Chunghwa Telecom Co., Ltd Sponsored ADR
D
C
D
CP
Canadian Pacific Kansas City Limited
D
C
D
CRL
Charles River Laboratories International, Inc.
D
C
D
DGX
Quest Diagnostics Incorporated
D
C
D
EFX
Equifax Inc.
D
C
D
EW
Edwards Lifesciences Corporation
D
C
D
EXAS
Exact Sciences Corporation
D
C
D
GEHC
GE Healthcare Technologies Inc.
D
C
D
HD
Home Depot, Inc.
D
C
D
LH
Laboratory Corporation of America Holdings
D
D
D
MBLY
Mobileye Global, Inc. Class A
D
C
D
MDT
Medtronic Plc
D
C
D
MELI
MercadoLibre, Inc.
D
C
D
PAYC
Paycom Software, Inc.
D
C
D
RF
Regions Financial Corporation
D
C
D
TSLA
Tesla, Inc.
D
C
D
To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader, my proprietary stock screening tool. You may get started here.
Sincerely,
Source: InvestorPlace unless otherwise noted
Louis Navellier
Article printed from InvestorPlace Media, https://investorplace.com/market360/2024/04/20240422-upgrades-downgrades/.