I decided to revise my Portfolio Grader recommendations for 73 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Jun 17, 2024, 10:16 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 73 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
DDOG
Datadog Inc Class A
B
B
B
EBAY
eBay Inc.
B
C
B
EOG
EOG Resources, Inc.
B
C
B
ESS
Essex Property Trust, Inc.
B
B
B
H
Hyatt Hotels Corporation Class A
B
B
B
KMB
Kimberly-Clark Corporation
B
B
B
NVR
NVR, Inc.
B
B
B
SNPS
Synopsys, Inc.
B
C
B
TTD
Trade Desk, Inc. Class A
C
B
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABNB
Airbnb, Inc. Class A
C
B
C
ADP
Automatic Data Processing, Inc.
C
C
C
BAP
Credicorp Ltd.
C
C
C
BBY
Best Buy Co., Inc.
C
C
C
BKR
Baker Hughes Company Class A
C
C
C
CE
Celanese Corporation
C
C
C
CF
CF Industries Holdings, Inc.
B
D
C
CMI
Cummins Inc.
C
B
C
COHR
Coherent Corp.
C
C
C
DGX
Quest Diagnostics Incorporated
C
C
C
DOV
Dover Corporation
C
B
C
E
Eni S.p.A. Sponsored ADR
B
D
C
ERIC
Telefonaktiebolaget LM Ericsson Sponsored ADR Class B
C
C
C
FAST
Fastenal Company
C
C
C
GEN
Gen Digital Inc.
B
C
C
HPQ
HP Inc.
B
D
C
IFF
International Flavors & Fragrances Inc.
B
C
C
MA
Mastercard Incorporated Class A
C
C
C
NEE
NextEra Energy, Inc.
C
C
C
RJF
Raymond James Financial, Inc.
C
C
C
STLA
Stellantis N.V.
B
C
C
UL
Unilever PLC Sponsored ADR
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ADBE
Adobe Inc.
D
C
C
ADSK
Autodesk, Inc.
D
B
C
ARE
Alexandria Real Estate Equities, Inc.
D
B
C
BEPC
Brookfield Renewable Corp. Class A
C
C
C
CHDN
Churchill Downs Incorporated
D
C
C
CHT
Chunghwa Telecom Co., Ltd Sponsored ADR
C
C
C
DOCU
DocuSign, Inc.
D
B
C
EXR
Extra Space Storage Inc.
C
C
C
GFL
GFL Environmental Inc
C
C
C
HD
Home Depot, Inc.
C
C
C
HDB
HDFC Bank Limited Sponsored ADR
C
C
C
MRVL
Marvell Technology, Inc.
C
C
C
NLY
Annaly Capital Management, Inc.
D
C
C
QRVO
Qorvo, Inc.
C
C
C
RMD
ResMed Inc.
D
B
C
Z
Zillow Group, Inc. Class C
C
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
A
Agilent Technologies, Inc.
D
C
D
ALLE
Allegion Public Limited Company
D
C
D
APD
Air Products and Chemicals, Inc.
D
C
D
BDX
Becton, Dickinson and Company
D
C
D
BHP
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs
D
C
D
CCL.U
Carnival Corporation
D
C
D
COO
Cooper Companies, Inc.
D
B
D
CTVA
Corteva Inc
D
C
D
DG
Dollar General Corporation
D
C
D
ELS
Equity LifeStyle Properties, Inc.
D
B
D
EW
Edwards Lifesciences Corporation
D
B
D
EXPD
Expeditors International of Washington, Inc.
D
C
D
KHC
Kraft Heinz Company
D
C
D
LH
Labcorp Holdings Inc.
D
C
D
LULU
lululemon athletica inc.
D
C
D
NOK
Nokia Oyj Sponsored ADR
D
C
D
NTR
Nutrien Ltd.
D
D
D
PYPL
PayPal Holdings, Inc.
D
C
D
RVTY
Revvity, Inc.
D
C
D
SNY
Sanofi Sponsored ADR
D
C
D
SSNC
SS&C Technologies Holdings, Inc.
D
C
D
STE
STERIS plc
D
D
D
TXN
Texas Instruments Incorporated
D
C
D
WAT
Waters Corporation
D
C
D
YUM
Yum! Brands, Inc.
D
C
D
ZTS
Zoetis, Inc. 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/market360/2024/06/20240617-upgrades-downgrades/.