I decided to revise my Portfolio Grader recommendations for 56 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Mar 25, 2024, 10:47 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 56 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
BBD
Banco Bradesco S.A. Sponsored ADR Pfd
B
C
B
CDNS
Cadence Design Systems, Inc.
B
B
B
FDX
FedEx Corporation
B
C
B
GEN
Gen Digital Inc.
B
C
B
HEI.A
HEICO Corporation Class A
B
B
B
MET
MetLife, Inc.
B
C
B
NVR
NVR, Inc.
B
C
B
RPM
RPM International Inc.
B
C
B
SLB
Schlumberger N.V.
B
C
B
TOST
Toast, Inc. Class A
B
B
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ACN
Accenture Plc Class A
C
C
C
ALC
Alcon AG
C
C
C
AOS
A. O. Smith Corporation
C
C
C
BALL
Ball Corporation
C
B
C
BCH
Banco de Chile Sponsored ADR
C
C
C
CINF
Cincinnati Financial Corporation
C
B
C
CPNG
Coupang, Inc. Class A
C
B
C
CTSH
Cognizant Technology Solutions Corporation Class A
C
C
C
FTV
Fortive Corp.
C
C
C
KEP
Korea Electric Power Corporation Sponsored ADR
C
C
C
LEGN
Legend Biotech Corp. Sponsored ADR
B
C
C
MRVL
Marvell Technology, Inc.
B
C
C
MSI
Motorola Solutions, Inc.
C
C
C
ONON
On Holding AG Class A
C
C
C
PBA
Pembina Pipeline Corporation
C
B
C
RBA
RB Global, Inc.
C
B
C
SYY
Sysco Corporation
C
B
C
TECK
Teck Resources Limited Class B
C
C
C
TRI
Thomson Reuters Corporation
C
B
C
TRP
TC Energy Corporation
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ATO
Atmos Energy Corporation
C
C
C
BBY
Best Buy Co., Inc.
D
C
C
CMI
Cummins Inc.
C
D
C
EXC
Exelon Corporation
D
C
C
EXPD
Expeditors International of Washington, Inc.
C
C
C
KHC
Kraft Heinz Company
C
C
C
MBLY
Mobileye Global, Inc. Class A
D
C
C
MMM
3M Company
D
C
C
NI
NiSource Inc
C
C
C
NICE
NICE Ltd. Sponsored ADR
D
B
C
RF
Regions Financial Corporation
D
C
C
SRE
Sempra
C
C
C
SWK
Stanley Black & Decker, Inc.
C
D
C
VOD
Vodafone Group Plc Sponsored ADR
D
C
C
WPM
Wheaton Precious Metals Corp
D
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AAPL
Apple Inc.
D
C
D
AMX
America Movil SAB de CV Sponsored ADR Class B
D
B
D
COO
Cooper Companies, Inc.
D
B
D
COTY
Coty Inc. Class A
D
B
D
CVX
Chevron Corporation
D
D
D
DOW
Dow, Inc.
D
D
D
FCX
Freeport-McMoRan, Inc.
D
C
D
KMB
Kimberly-Clark Corporation
D
C
D
PARAA
Paramount Global Class A
D
C
D
TDY
Teledyne Technologies Incorporated
D
C
D
TLK
PT Telkom Indonesia (Persero) Tbk Sponsored ADR Class B
D
B
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/market360/2024/03/20240325-upgrades-downgrades/.