I decided to revise my Portfolio Grader recommendations for 79 big blue chips.
By
Louis Navellier, Editor, Growth Investor
May 28, 2024, 10:04 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 79 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
AEP
American Electric Power Company, Inc.
B
C
B
AOS
A. O. Smith Corporation
B
C
B
CDW
CDW Corporation
B
C
B
DOV
Dover Corporation
B
B
B
EBAY
eBay Inc.
B
C
B
EMN
Eastman Chemical Company
B
C
B
FOXA
Fox Corporation Class A
B
C
B
FSLR
First Solar, Inc.
B
B
B
KO
Coca-Cola Company
B
C
B
LIN
Linde plc
B
C
B
MAR
Marriott International, Inc. Class A
B
D
B
MSI
Motorola Solutions, Inc.
B
C
B
NUE
Nucor Corporation
B
C
B
NVS
Novartis AG Sponsored ADR
B
C
B
PM
Philip Morris International Inc.
B
C
B
RBA
RB Global, Inc.
B
B
B
ROL
Rollins, Inc.
B
B
B
ROP
Roper Technologies, Inc.
B
C
B
RS
Reliance, Inc.
B
C
B
SYK
Stryker Corporation
B
B
B
T
AT&T Inc.
B
C
B
UHS
Universal Health Services, Inc. Class B
B
B
B
WLK
Westlake Corporation
B
D
B
WSO.B
Watsco, Inc. Class B
B
C
B
XYL
Xylem Inc.
B
B
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AMD
Advanced Micro Devices, Inc.
C
C
C
BEKE
KE Holdings, Inc. Sponsored ADR Class A
C
C
C
BSY
Bentley Systems, Incorporated Class B
C
B
C
COP
ConocoPhillips
B
C
C
DKNG
DraftKings, Inc. Class A
C
C
C
ESS
Essex Property Trust, Inc.
C
B
C
GEN
Gen Digital Inc.
B
C
C
GM
General Motors Company
C
B
C
GRAB
Grab Holdings Limited Class A
C
C
C
HBAN
Huntington Bancshares Incorporated
C
C
C
HPE
Hewlett Packard Enterprise Co.
C
C
C
JBL
Jabil Inc.
C
B
C
LECO
Lincoln Electric Holdings, Inc.
C
C
C
NOW
ServiceNow, Inc.
C
B
C
NTES
Netease Inc Sponsored ADR
C
C
C
PLTR
Palantir Technologies Inc. Class A
C
B
C
SCHW
Charles Schwab Corp
B
C
C
WDAY
Workday, Inc. Class A
D
B
C
XP
XP Inc. Class A
D
B
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ADI
Analog Devices, Inc.
C
D
C
BEPC
Brookfield Renewable Corp. Class A
C
C
C
CCK
Crown Holdings, Inc.
C
C
C
CTSH
Cognizant Technology Solutions Corporation Class A
C
C
C
FTNT
Fortinet, Inc.
D
C
C
HLN
Haleon PLC Sponsored ADR
C
C
C
JCI
Johnson Controls International plc
C
D
C
KHC
Kraft Heinz Company
C
C
C
MCHP
Microchip Technology Incorporated
C
D
C
MRNA
Moderna, Inc.
C
D
C
NTR
Nutrien Ltd.
C
D
C
SCI
Service Corporation International
D
C
C
ZBRA
Zebra Technologies Corporation Class A
C
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ACN
Accenture Plc Class A
D
C
D
ADBE
Adobe Inc.
D
C
D
BABA
Alibaba Group Holding Limited Sponsored ADR
D
D
D
BBY
Best Buy Co., Inc.
D
C
D
BLK
BlackRock, Inc.
D
C
D
ELS
Equity LifeStyle Properties, Inc.
D
B
D
ENTG
Entegris, Inc.
D
C
D
EXC
Exelon Corporation
D
C
D
F
Ford Motor Company
D
C
D
FND
Floor & Decor Holdings, Inc. Class A
D
C
D
GPN
Global Payments Inc.
D
C
D
ITW
Illinois Tool Works Inc.
D
C
D
LI
Li Auto, Inc. Sponsored ADR Class A
D
C
D
LULU
lululemon athletica inc.
D
B
D
MRVL
Marvell Technology, Inc.
D
C
D
NDSN
Nordson Corporation
D
C
D
NGG
National Grid plc Sponsored ADR
D
C
D
NTRS
Northern Trust Corporation
D
C
D
ODFL
Old Dominion Freight Line, Inc.
D
C
D
PKX
POSCO Holdings Inc. Sponsored ADR
D
C
D
RF
Regions Financial Corporation
D
C
D
RIVN
Rivian Automotive, Inc. Class A
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/market360/2024/05/20240528-upgrades-downgrades/.