I decided to revise my Portfolio Grader recommendations for 84 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Apr 29, 2024, 9:56 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 84 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
ABBV
AbbVie, Inc.
B
B
B
AVY
Avery Dennison Corporation
B
C
B
BAC
Bank of America Corp
B
C
B
BCS
Barclays PLC Sponsored ADR
B
C
B
CARR
Carrier Global Corp.
B
C
B
CF
CF Industries Holdings, Inc.
B
D
B
CX
Cemex SAB de CV Sponsored ADR
B
C
B
HES
Hess Corporation
C
B
B
IOT
Samsara, Inc. Class A
B
B
B
KB
KB Financial Group Inc. Sponsored ADR
B
C
B
KDP
Keurig Dr Pepper Inc.
B
C
B
NET
Cloudflare Inc Class A
B
B
B
NOC
Northrop Grumman Corp.
B
C
B
OKTA
Okta, Inc. Class A
B
C
B
PINS
Pinterest, Inc. Class A
B
B
B
RTX
RTX Corporation
B
B
B
SHG
Shinhan Financial Group Co., Ltd. Sponsored ADR
B
C
B
SNAP
Snap, Inc. Class A
B
C
B
SRPT
Sarepta Therapeutics, Inc.
B
C
B
STLD
Steel Dynamics, Inc.
B
C
B
TRI
Thomson Reuters Corporation
B
B
B
UAL
United Airlines Holdings, Inc.
B
C
B
UNP
Union Pacific Corporation
B
C
B
WCN
Waste Connections, Inc.
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AFG
American Financial Group, Inc.
C
C
C
ALLY
Ally Financial Inc
B
C
C
BCH
Banco de Chile Sponsored ADR
C
B
C
EBAY
eBay Inc.
C
B
C
EMN
Eastman Chemical Company
C
C
C
FIS
Fidelity National Information Services, Inc.
B
C
C
INFY
Infosys Limited Sponsored ADR
C
B
C
MANH
Manhattan Associates, Inc.
C
B
C
MAS
Masco Corporation
C
C
C
MFC
Manulife Financial Corporation
C
C
C
MKL
Markel Group Inc.
B
C
C
NUE
Nucor Corporation
B
C
C
NVR
NVR, Inc.
C
B
C
REGN
Regeneron Pharmaceuticals, Inc.
C
C
C
RS
Reliance, Inc.
B
C
C
SHW
Sherwin-Williams Company
C
C
C
SPG
Simon Property Group, Inc.
C
C
C
VRTX
Vertex Pharmaceuticals Incorporated
C
C
C
VZ
Verizon Communications Inc.
B
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AZN
Astrazeneca PLC Sponsored ADR
C
B
C
BEKE
KE Holdings, Inc. Sponsored ADR Class A
C
B
C
BRKR
Bruker Corporation
D
B
C
COTY
Coty Inc. Class A
D
C
C
CRL
Charles River Laboratories International, Inc.
C
C
C
DGX
Quest Diagnostics Incorporated
C
C
C
DHR
Danaher Corporation
C
C
C
F
Ford Motor Company
C
C
C
FE
FirstEnergy Corp.
C
C
C
FWONA
Liberty Media Corp. Series A Liberty Formula One
C
D
C
GEHC
GE Healthcare Technologies Inc.
D
C
C
KMB
Kimberly-Clark Corporation
D
C
C
LHX
L3Harris Technologies Inc
C
C
C
LSCC
Lattice Semiconductor Corporation
C
C
C
MCHP
Microchip Technology Incorporated
C
C
C
MELI
MercadoLibre, Inc.
C
C
C
NEE
NextEra Energy, Inc.
D
C
C
NEM
Newmont Corporation
C
C
C
ON
ON Semiconductor Corporation
C
C
C
SE
Sea Limited Sponsored ADR Class A
C
D
C
TER
Teradyne, Inc.
C
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
BAM
Brookfield Asset Management Ltd. Class A
D
C
D
BMO
Bank of Montreal
D
B
D
BMRN
BioMarin Pharmaceutical Inc.
D
B
D
CMCSA
Comcast Corporation Class A
D
C
D
EIX
Edison International
D
C
D
EQIX
Equinix, Inc.
D
B
D
FLUT
Flutter Entertainment Plc
D
C
D
FMS
Fresenius Medical Care AG Sponsored ADR
D
C
D
GGG
Graco Inc.
D
C
D
GIB
CGI Inc. Class A
D
C
D
GPC
Genuine Parts Company
D
C
D
HCA
HCA Healthcare Inc
D
C
D
INTC
Intel Corporation
D
C
D
LUV
Southwest Airlines Co.
D
C
D
MNST
Monster Beverage Corporation
D
C
D
ORAN
Orange SA Sponsored ADR
D
C
D
OTIS
Otis Worldwide Corporation
D
C
D
PEP
PepsiCo, Inc.
D
C
D
SWK
Stanley Black & Decker, Inc.
D
C
D
TRP
TC Energy Corporation
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/market360/2024/04/20240429-upgrades-downgrades/.