I decided to revise my Portfolio Grader recommendations for 108 big blue chips.
By
Louis Navellier, Editor, Growth Investor
May 6, 2024, 9:43 am EDT
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 108 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
AFG
American Financial Group, Inc.
B
C
B
AZPN
Aspen Technology, Inc.
B
C
B
BKNG
Booking Holdings Inc.
B
C
B
BP
BP p.l.c. Sponsored ADR
B
D
B
CMI
Cummins Inc.
B
B
B
DD
DuPont de Nemours, Inc.
B
C
B
GS
Goldman Sachs Group, Inc.
B
B
B
HBAN
Huntington Bancshares Incorporated
B
C
B
JNPR
Juniper Networks, Inc.
B
D
B
KEY
KeyCorp
B
C
B
LMT
Lockheed Martin Corporation
B
C
B
MET
MetLife, Inc.
B
B
B
MKL
Markel Group Inc.
A
B
B
NXPI
NXP Semiconductors NV
B
C
B
PG
Procter & Gamble Company
B
C
B
PHG
Koninklijke Philips N.V. Sponsored ADR
B
C
B
QCOM
QUALCOMM Incorporated
B
B
B
REGN
Regeneron Pharmaceuticals, Inc.
B
C
B
SKX
Skechers U.S.A., Inc. Class A
B
B
B
SPG
Simon Property Group, Inc.
B
C
B
UTHR
United Therapeutics Corporation
B
B
B
WMG
Warner Music Group Corp. Class A
B
C
B
XOM
Exxon Mobil Corporation
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AEM
Agnico Eagle Mines Limited
C
C
C
AME
AMETEK, Inc.
C
C
C
AOS
A. O. Smith Corporation
C
C
C
BALL
Ball Corporation
C
C
C
CCL.U
Carnival Corporation
C
C
C
CF
CF Industries Holdings, Inc.
B
D
C
CX
Cemex SAB de CV Sponsored ADR
C
C
C
DASH
DoorDash, Inc. Class A
B
C
C
E
Eni S.p.A. Sponsored ADR
B
D
C
EXPE
Expedia Group, Inc.
C
C
C
FMX
Fomento Economico Mexicano SAB de CV Sponsored ADR Class B
B
D
C
GM
General Motors Company
C
B
C
GRAB
Grab Holdings Limited Class A
C
B
C
HUBS
HubSpot, Inc.
C
B
C
ICE
Intercontinental Exchange, Inc.
C
C
C
JHX
James Hardie Industries PLC Sponsored ADR
C
B
C
KDP
Keurig Dr Pepper Inc.
C
C
C
LIN
Linde plc
C
C
C
MA
Mastercard Incorporated Class A
C
C
C
MRO
Marathon Oil Corporation
B
C
C
NET
Cloudflare Inc Class A
C
B
C
OKTA
Okta, Inc. Class A
C
C
C
ORCL
Oracle Corporation
C
B
C
ORLY
O'Reilly Automotive, Inc.
B
D
C
ROP
Roper Technologies, Inc.
C
C
C
SAIA
Saia, Inc.
C
C
C
SRPT
Sarepta Therapeutics, Inc.
B
C
C
STLA
Stellantis N.V.
B
C
C
TAP
Molson Coors Beverage Company Class B
D
B
D
TAP.A
Molson Coors Beverage Company Class A
C
B
C
TRMB
Trimble Inc.
C
C
C
TS
Tenaris S.A. Sponsored ADR
B
C
C
UAL
United Airlines Holdings, Inc.
C
C
C
UNP
Union Pacific Corporation
C
C
C
V
Visa Inc. Class A
C
C
C
VRSK
Verisk Analytics Inc
C
B
C
WCN
Waste Connections, Inc.
C
C
C
WPM
Wheaton Precious Metals Corp
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AEP
American Electric Power Company, Inc.
C
C
C
AMT
American Tower Corporation
D
B
C
BMO
Bank of Montreal
D
B
C
CTVA
Corteva Inc
C
C
C
EIX
Edison International
C
D
C
FLUT
Flutter Entertainment Plc
D
C
C
FMS
Fresenius Medical Care AG Sponsored ADR
D
C
C
GLW
Corning Inc
C
B
C
HCA
HCA Healthcare Inc
C
C
C
HD
Home Depot, Inc.
C
C
C
ITW
Illinois Tool Works Inc.
D
C
C
K
Kellanova
D
C
C
LH
Laboratory Corporation of America Holdings
C
C
C
NTRS
Northern Trust Corporation
C
C
C
PPL
PPL Corporation
C
C
C
RBLX
Roblox Corp. Class A
C
C
C
RF
Regions Financial Corporation
C
C
C
SSNC
SS&C Technologies Holdings, Inc.
D
C
C
TRP
TC Energy Corporation
D
C
C
TRU
TransUnion
D
B
C
VALE
Vale S.A. Sponsored ADR
D
C
C
WEC
WEC Energy Group Inc
D
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABT
Abbott Laboratories
D
C
D
ADSK
Autodesk, Inc.
D
C
D
AMH
American Homes 4 Rent Class A
F
B
D
BBD
Banco Bradesco S.A. Sponsored ADR Pfd
D
C
D
BHP
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs
D
C
D
BRKR
Bruker Corporation
F
C
D
CNI
Canadian National Railway Company
D
C
D
COTY
Coty Inc. Class A
D
C
D
CSX
CSX Corporation
D
C
D
CTSH
Cognizant Technology Solutions Corporation Class A
D
C
D
CVS
CVS Health Corporation
D
D
D
DHR
Danaher Corporation
D
C
D
DRI
Darden Restaurants, Inc.
D
C
D
EXC
Exelon Corporation
D
C
D
GEHC
GE Healthcare Technologies Inc.
D
B
D
GOLD
Barrick Gold Corporation
D
B
D
HRL
Hormel Foods Corporation
D
C
D
IQV
IQVIA Holdings Inc
D
C
D
JCI
Johnson Controls International plc
D
D
D
KHC
Kraft Heinz Company
D
C
D
MCHP
Microchip Technology Incorporated
D
C
D
MDLZ
Mondelez International, Inc. Class A
D
C
D
ON
ON Semiconductor Corporation
D
C
D
SHOP
Shopify, Inc. Class A
D
C
D
SLF
Sun Life Financial 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/market360/2024/05/20240506-upgrades-downgrades/.