I decided to revise my Portfolio Grader recommendations for 66 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Jun 3, 2024, 11:16 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 66 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
BURL
Burlington Stores, Inc.
B
B
B
CNP
CenterPoint Energy, Inc.
B
C
B
CTRA
Coterra Energy Inc.
B
C
B
ERIC
Telefonaktiebolaget LM Ericsson Sponsored ADR Class B
B
C
B
ETR
Entergy Corporation
B
D
B
FOX
Fox Corporation Class B
B
C
B
FWONA
Liberty Media Corp. Series A Liberty Formula One
C
B
B
GLW
Corning Inc
B
B
B
HBAN
Huntington Bancshares Incorporated
B
C
B
JBL
Jabil Inc.
B
C
B
MELI
MercadoLibre, Inc.
B
B
B
MRO
Marathon Oil Corporation
B
C
B
NEE
NextEra Energy, Inc.
B
C
B
NI
NiSource Inc
B
C
B
NVR
NVR, Inc.
B
B
B
SRPT
Sarepta Therapeutics, Inc.
B
C
B
STLA
Stellantis N.V.
B
C
B
TEF
Telefonica SA Sponsored ADR
B
B
B
WCN
Waste Connections, Inc.
B
C
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABNB
Airbnb, Inc. Class A
C
B
C
ALLY
Ally Financial Inc
C
C
C
AOS
A. O. Smith Corporation
C
C
C
DD
DuPont de Nemours, Inc.
B
C
C
INTU
Intuit Inc.
C
C
C
IOT
Samsara, Inc. Class A
C
B
C
ITUB
Itau Unibanco Holding S.A. Sponsored ADR Pfd
C
B
C
LNG
Cheniere Energy, Inc.
B
D
C
NOC
Northrop Grumman Corp.
C
C
C
NUE
Nucor Corporation
B
C
C
PTC
PTC Inc.
C
B
C
ROL
Rollins, Inc.
C
B
C
ROP
Roper Technologies, Inc.
C
C
C
WSO
Watsco, Inc.
B
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ARE
Alexandria Real Estate Equities, Inc.
D
B
C
BBY
Best Buy Co., Inc.
C
C
C
BLK
BlackRock, Inc.
D
C
C
CVS
CVS Health Corporation
C
D
C
EVRG
Evergy, Inc.
C
C
C
EXC
Exelon Corporation
C
C
C
F
Ford Motor Company
D
C
C
FND
Floor & Decor Holdings, Inc. Class A
C
C
C
HPQ
HP Inc.
B
D
C
ITW
Illinois Tool Works Inc.
D
C
C
NTRS
Northern Trust Corporation
C
C
C
ODFL
Old Dominion Freight Line, Inc.
C
C
C
RIVN
Rivian Automotive, Inc. Class A
C
C
C
SNY
Sanofi Sponsored ADR
D
C
C
TTWO
Take-Two Interactive Software, Inc.
C
D
C
UHAL
U-Haul Holding Company
C
C
C
XEL
Xcel Energy Inc.
C
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
A
Agilent Technologies, Inc.
D
C
D
ACM
AECOM
D
C
D
BEPC
Brookfield Renewable Corp. Class A
D
C
D
BSBR
Banco Santander (Brasil) S.A. Sponsored ADR
D
C
D
CTSH
Cognizant Technology Solutions Corporation Class A
D
C
D
DOCU
DocuSign, Inc.
D
B
D
HRL
Hormel Foods Corporation
F
C
D
JHX
James Hardie Industries PLC Sponsored ADR
D
C
D
KHC
Kraft Heinz Company
D
C
D
LECO
Lincoln Electric Holdings, Inc.
D
C
D
MDB
MongoDB, Inc. Class A
F
C
D
MRNA
Moderna, Inc.
C
D
D
NET
Cloudflare Inc Class A
D
B
D
TEAM
Atlassian Corp Class A
D
B
D
VEEV
Veeva Systems Inc Class A
D
B
D
ZBRA
Zebra Technologies Corporation Class A
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/market360/2024/06/20240603-upgrades-downgrades/.