I decided to revise my Portfolio Grader recommendations for 61 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Jul 1, 2024, 9:47 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 61 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
ABNB
Airbnb, Inc. Class A
C
B
B
ALNY
Alnylam Pharmaceuticals, Inc
B
B
B
CF
CF Industries Holdings, Inc.
B
D
B
COP
ConocoPhillips
B
C
B
CPB
Campbell Soup Company
B
C
B
DDOG
Datadog Inc Class A
B
B
B
ETR
Entergy Corporation
B
D
B
FDX
FedEx Corporation
B
C
B
FFIV
F5, Inc.
B
C
B
MELI
MercadoLibre, Inc.
B
B
B
NDAQ
Nasdaq, Inc.
B
C
B
SUZ
Suzano SA Sponsored ADR
B
D
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ADP
Automatic Data Processing, Inc.
C
C
C
AOS
A. O. Smith Corporation
C
C
C
BBY
Best Buy Co., Inc.
C
C
C
CDW
CDW Corporation
B
C
C
CMI
Cummins Inc.
C
B
C
CNC
Centene Corporation
C
C
C
CTRA
Coterra Energy Inc.
B
C
C
FI
Fiserv, Inc.
C
C
C
FOX
Fox Corporation Class B
C
C
C
GM
General Motors Company
C
B
C
GWW
W.W. Grainger, Inc.
C
C
C
HPQ
HP Inc.
B
D
C
ICLR
ICON Plc
C
C
C
IFF
International Flavors & Fragrances Inc.
B
C
C
NXPI
NXP Semiconductors NV
C
C
C
ORLY
O'Reilly Automotive, Inc.
B
D
C
PAYX
Paychex, Inc.
C
C
C
RIO
Rio Tinto plc Sponsored ADR
C
C
C
RPM
RPM International Inc.
C
B
C
STZ
Constellation Brands, Inc. Class A
C
B
C
TEF
Telefonica SA Sponsored ADR
C
B
C
UHS
Universal Health Services, Inc. Class B
C
B
C
URI
United Rentals, Inc.
C
C
C
V
Visa Inc. Class A
C
C
C
VOD
Vodafone Group Plc Sponsored ADR
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
CHT
Chunghwa Telecom Co., Ltd Sponsored ADR
C
C
C
INVH
Invitation Homes, Inc.
D
B
C
NGG
National Grid plc Sponsored ADR
D
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ACN
Accenture Plc Class A
D
C
D
ADM
Archer-Daniels-Midland Company
D
C
D
AME
AMETEK, Inc.
D
C
D
BEPC
Brookfield Renewable Corp. Class A
D
C
D
CHK
Chesapeake Energy Corporation
C
D
D
EXPD
Expeditors International of Washington, Inc.
D
C
D
FTV
Fortive Corp.
D
C
D
GIS
General Mills, Inc.
D
C
D
HD
Home Depot, Inc.
D
C
D
JCI
Johnson Controls International plc
D
D
D
JD
JD.com, Inc. Sponsored ADR Class A
D
C
D
MRNA
Moderna, Inc.
C
D
D
SHW
Sherwin-Williams Company
D
C
D
SIRI
Sirius XM Holdings, Inc.
D
C
D
SNA
Snap-on Incorporated
D
C
D
TROW
T. Rowe Price Group
D
B
D
TTWO
Take-Two Interactive Software, Inc.
D
D
D
TXN
Texas Instruments Incorporated
D
C
D
UDR
UDR, Inc.
D
B
D
VMC
Vulcan Materials Company
D
C
D
ZBRA
Zebra Technologies Corporation 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/market360/2024/07/20240701-upgrades-downgrades/.