I decided to revise my Portfolio Grader recommendations for 81 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Jul 8, 2024, 9:38 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 81 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
AZN
Astrazeneca PLC Sponsored ADR
B
B
B
BMRN
BioMarin Pharmaceutical Inc.
C
B
B
CDNS
Cadence Design Systems, Inc.
B
C
B
CNC
Centene Corporation
B
C
B
FOX
Fox Corporation Class B
B
C
B
FWONK
Liberty Media Corp. Series C Liberty Formula One
C
B
B
GFI
Gold Fields Limited Sponsored ADR
B
C
B
GOLD
Barrick Gold Corporation
B
B
B
HUM
Humana Inc.
B
C
B
ICLR
ICON Plc
B
C
B
IFF
International Flavors & Fragrances Inc.
B
C
B
KMB
Kimberly-Clark Corporation
B
B
B
MANH
Manhattan Associates, Inc.
B
B
B
MNDY
monday.com Ltd.
B
C
B
NEE
NextEra Energy, Inc.
B
C
B
NEM
Newmont Corporation
B
C
B
PTC
PTC Inc.
B
B
B
RIO
Rio Tinto plc Sponsored ADR
B
C
B
TEF
Telefonica SA Sponsored ADR
B
B
B
VOD
Vodafone Group Plc Sponsored ADR
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABNB
Airbnb, Inc. Class A
C
B
C
AFG
American Financial Group, Inc.
C
C
C
AZO
AutoZone, Inc.
B
C
C
BAP
Credicorp Ltd.
C
C
C
CAH
Cardinal Health, Inc.
C
C
C
CF
CF Industries Holdings, Inc.
B
D
C
CMS
CMS Energy Corporation
C
C
C
COP
ConocoPhillips
B
C
C
DOV
Dover Corporation
C
B
C
EMN
Eastman Chemical Company
C
C
C
ETR
Entergy Corporation
B
D
C
FIS
Fidelity National Information Services, Inc.
B
C
C
H
Hyatt Hotels Corporation Class A
C
B
C
HAL
Halliburton Company
C
C
C
HBAN
Huntington Bancshares Incorporated
C
C
C
OC
Owens Corning
C
C
C
PHM
PulteGroup, Inc.
C
B
C
RJF
Raymond James Financial, Inc.
C
C
C
SAIA
Saia, Inc.
C
C
C
SPG
Simon Property Group, Inc.
C
B
C
TTEK
Tetra Tech, Inc.
C
B
C
WMS
Advanced Drainage Systems, Inc.
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABT
Abbott Laboratories
C
C
C
AME
AMETEK, Inc.
C
C
C
BEPC
Brookfield Renewable Corp. Class A
C
C
C
CHK
Chesapeake Energy Corporation
C
D
C
ENB
Enbridge Inc.
C
C
C
EW
Edwards Lifesciences Corporation
D
B
C
FLUT
Flutter Entertainment Plc
C
C
C
FMS
Fresenius Medical Care AG Sponsored ADR
D
C
C
FNV
Franco-Nevada Corporation
C
C
C
FTV
Fortive Corp.
D
C
C
JHX
James Hardie Industries PLC Sponsored ADR
C
C
C
LULU
lululemon athletica inc.
D
C
C
MKC
McCormick & Company, Incorporated
D
C
C
SHW
Sherwin-Williams Company
C
C
C
SIRI
Sirius XM Holdings, Inc.
C
C
C
SNY
Sanofi Sponsored ADR
D
C
C
TXN
Texas Instruments Incorporated
C
C
C
VALE
Vale S.A. Sponsored ADR
D
C
C
VMC
Vulcan Materials Company
C
C
C
ZTS
Zoetis, Inc. Class A
D
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AES
AES Corporation
D
B
D
ARE
Alexandria Real Estate Equities, Inc.
D
B
D
AVTR
Avantor, Inc.
D
C
D
CBRE
CBRE Group, Inc. Class A
D
C
D
CVS
CVS Health Corporation
D
D
D
DAL
Delta Air Lines, Inc.
D
C
D
DOC
Healthpeak Properties, Inc.
D
D
D
EPAM
EPAM Systems, Inc.
D
C
D
EXR
Extra Space Storage Inc.
D
C
D
HST
Host Hotels & Resorts, Inc.
D
C
D
INCY
Incyte Corporation
D
B
D
INVH
Invitation Homes, Inc.
D
B
D
RF
Regions Financial Corporation
D
C
D
RIVN
Rivian Automotive, Inc. Class A
D
C
D
SLB
SLB
D
C
D
SYY
Sysco Corporation
D
C
D
TEL
TE Connectivity Ltd.
D
C
D
UHAL
U-Haul Holding Company
D
D
D
WEC
WEC Energy Group 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/market360/2024/07/20240708-upgrades-downgrades/.