I decided to revise my Portfolio Grader recommendations for 83 big blue chips.
By
Louis Navellier, Editor, Growth Investor
May 13, 2024, 11:01 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 83 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
ALLY
Ally Financial Inc
B
C
B
AOS
A. O. Smith Corporation
B
C
B
CF
CF Industries Holdings, Inc.
B
D
B
CTLT
Catalent Inc
A
D
B
DGX
Quest Diagnostics Incorporated
B
C
B
DOV
Dover Corporation
B
B
B
E
Eni S.p.A. Sponsored ADR
B
D
B
EMN
Eastman Chemical Company
B
C
B
EOG
EOG Resources, Inc.
B
C
B
EQNR
Equinor ASA Sponsored ADR
B
C
B
FIS
Fidelity National Information Services, Inc.
B
C
B
FOX
Fox Corporation Class B
B
C
B
FOXA
Fox Corporation Class A
B
C
B
ICE
Intercontinental Exchange, Inc.
B
C
B
MFC
Manulife Financial Corporation
B
C
B
MRO
Marathon Oil Corporation
B
C
B
PEG
Public Service Enterprise Group Inc
B
D
B
PFG
Principal Financial Group, Inc.
B
B
B
PNC
PNC Financial Services Group, Inc.
B
C
B
RBA
RB Global, Inc.
B
B
B
RIO
Rio Tinto plc Sponsored ADR
B
C
B
RRX
Regal Rexnord Corporation
B
C
B
SHW
Sherwin-Williams Company
B
C
B
SO
Southern Company
B
C
B
SRPT
Sarepta Therapeutics, Inc.
B
C
B
TS
Tenaris S.A. Sponsored ADR
B
C
B
TSN
Tyson Foods, Inc. Class A
A
B
B
V
Visa Inc. Class A
B
C
B
VZ
Verizon Communications Inc.
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AKAM
Akamai Technologies, Inc.
C
C
C
BLDR
Builders FirstSource, Inc.
C
C
C
CDW
CDW Corporation
B
C
C
CPAY
Corpay, Inc.
C
C
C
CPRT
Copart, Inc.
C
C
C
CRM
Salesforce, Inc.
C
C
C
DDOG
Datadog Inc Class A
C
C
C
ENTG
Entegris, Inc.
C
C
C
JNPR
Juniper Networks, Inc.
B
D
C
LI
Li Auto, Inc. Sponsored ADR Class A
C
A
C
MRVL
Marvell Technology, Inc.
B
C
C
SKX
Skechers U.S.A., Inc. Class A
C
B
C
VIV
Telefonica Brasil SA Sponsored ADR
C
C
C
VMC
Vulcan Materials Company
B
C
C
WIT
Wipro Limited Sponsored ADR
C
C
C
ZS
Zscaler, Inc.
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
BAM
Brookfield Asset Management Ltd. Class A
C
C
C
BEPC
Brookfield Renewable Corp. Class A
D
C
C
BHP
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs
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/market360/2024/05/20240513-upgrades-downgrades/.