I decided to revise my Portfolio Grader recommendations for 94 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Apr 8, 2024, 9:50 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 94 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
ALLE
Allegion Public Limited Company
B
C
B
AOS
A. O. Smith Corporation
B
C
B
ASML
ASML Holding NV ADR
B
C
B
BALL
Ball Corporation
B
B
B
BBD
Banco Bradesco S.A. Sponsored ADR Pfd
B
C
B
BCH
Banco de Chile Sponsored ADR
B
C
B
BX
Blackstone Inc.
B
C
B
CMI
Cummins Inc.
B
D
B
CPNG
Coupang, Inc. Class A
C
B
B
EQNR
Equinor ASA Sponsored ADR
B
D
B
FTV
Fortive Corp.
B
C
B
HEI.A
HEICO Corporation Class A
B
B
B
HUBS
HubSpot, Inc.
B
B
B
MSI
Motorola Solutions, Inc.
B
C
B
NUE
Nucor Corporation
B
C
B
RTX
RTX Corporation
B
C
B
SNX
TD SYNNEX Corporation
B
C
B
STLD
Steel Dynamics, Inc.
B
C
B
TFII
TFI International Inc.
B
C
B
TTEK
Tetra Tech, Inc.
B
C
B
WDAY
Workday, Inc. Class A
B
B
B
WEX
WEX Inc.
B
C
B
WSO
Watsco, Inc.
B
D
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABBV
AbbVie, Inc.
C
C
C
ABT
Abbott Laboratories
C
C
C
ACI
Albertsons Companies, Inc. Class A
C
B
C
AMGN
Amgen Inc.
B
C
C
BBWI
Bath & Body Works, Inc.
C
C
C
CCL.U
Carnival Corporation
C
C
C
CSX
CSX Corporation
C
C
C
CTSH
Cognizant Technology Solutions Corporation Class A
C
C
C
CVS
CVS Health Corporation
C
C
C
ELV
Elevance Health, Inc.
B
C
C
FDX
FedEx Corporation
C
C
C
FIS
Fidelity National Information Services, Inc.
B
C
C
GEN
Gen Digital Inc.
C
C
C
GPN
Global Payments Inc.
C
C
C
INTU
Intuit Inc.
C
B
C
MET
MetLife, Inc.
B
C
C
NVS
Novartis AG Sponsored ADR
C
C
C
ORAN
Orange SA Sponsored ADR
C
C
C
PFGC
Performance Food Group Co
B
C
C
PG
Procter & Gamble Company
C
C
C
QSR
Restaurant Brands International, Inc.
C
B
C
SHG
Shinhan Financial Group Co., Ltd. Sponsored ADR
C
C
C
TECK
Teck Resources Limited Class B
C
B
C
UNH
UnitedHealth Group Incorporated
C
C
C
VZ
Verizon Communications Inc.
B
D
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
BEKE
KE Holdings, Inc. Sponsored ADR Class A
D
B
C
DOCU
DocuSign, Inc.
D
B
C
DOV
Dover Corporation
C
C
C
DOW
Dow, Inc.
C
D
C
FCX
Freeport-McMoRan, Inc.
C
C
C
ITW
Illinois Tool Works Inc.
C
C
C
MPWR
Monolithic Power Systems, Inc.
C
C
C
PARAA
Paramount Global Class A
D
C
C
PAYC
Paycom Software, Inc.
D
C
C
TEL
TE Connectivity Ltd.
D
B
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AEP
American Electric Power Company, Inc.
D
C
D
AGR
Avangrid, Inc.
D
B
D
AON
Aon Plc Class A
D
D
D
ATO
Atmos Energy Corporation
D
C
D
AVB
AvalonBay Communities, Inc.
D
C
D
AZN
Astrazeneca PLC Sponsored ADR
D
C
D
BAX
Baxter International Inc.
D
C
D
CLX
Clorox Company
D
B
D
CNP
CenterPoint Energy, Inc.
D
C
D
DTE
DTE Energy Company
D
C
D
EA
Electronic Arts Inc.
D
B
D
ED
Consolidated Edison, Inc.
D
C
D
EIX
Edison International
D
C
D
ETR
Entergy Corporation
D
C
D
EXAS
Exact Sciences Corporation
D
C
D
EXC
Exelon Corporation
D
C
D
FE
FirstEnergy Corp.
D
C
D
FMS
Fresenius Medical Care AG Sponsored ADR
D
C
D
FND
Floor & Decor Holdings, Inc. Class A
D
C
D
GIS
General Mills, Inc.
D
C
D
HLN
Haleon PLC Sponsored ADR
D
C
D
HON
Honeywell International Inc.
D
C
D
HUM
Humana Inc.
D
D
D
INVH
Invitation Homes, Inc.
D
B
D
JNJ
Johnson & Johnson
D
C
D
KMB
Kimberly-Clark Corporation
D
C
D
LOW
Lowe's Companies, Inc.
D
D
D
LW
Lamb Weston Holdings, Inc.
F
C
D
MO
Altria Group, Inc.
D
D
D
NI
NiSource Inc
D
C
D
PPL
PPL Corporation
D
C
D
SCI
Service Corporation International
D
B
D
UHAL
U-Haul Holding Company
C
D
D
ULTA
Ulta Beauty Inc.
D
C
D
USB
U.S. Bancorp
D
C
D
VOD
Vodafone Group Plc Sponsored ADR
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/market360/2024/04/20240408-upgrades-downgrades/.