Weekly Upgrades and Downgrades

Advertisement

Weekly Upgrades and Downgrades

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 81 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
ADP Automatic Data Processing, Inc. B C B
AMD Advanced Micro Devices, Inc. B C B
AOS A. O. Smith Corporation B C B
AU Anglogold Ashanti PLC B B B
AZO AutoZone, Inc. B C B
BAP Credicorp Ltd. B C B
BBY Best Buy Co., Inc. B C B
BKR Baker Hughes Company Class A B C B
CMI Cummins Inc. B B B
CMS CMS Energy Corporation B C B
CTRA Coterra Energy Inc. B C B
DINO HF Sinclair Corporation B C B
DOV Dover Corporation B B B
E Eni S.p.A. Sponsored ADR B D B
ERIC Telefonaktiebolaget LM Ericsson Sponsored ADR Class B B C B
FOX Fox Corporation Class B B C B
GEN Gen Digital Inc. B C B
GLW Corning Inc B B B
GM General Motors Company B B B
HBAN Huntington Bancshares Incorporated B C B
HPQ HP Inc. B D B
IFF International Flavors & Fragrances Inc. B C B
INTU Intuit Inc. B C B
LNG Cheniere Energy, Inc. B D B
MMM 3M Company B C B
NI NiSource Inc B C B
NOW ServiceNow, Inc. B B B
ORCL Oracle Corporation B C B
ORLY O'Reilly Automotive, Inc. B D B
PAYX Paychex, Inc. B C B
RIO Rio Tinto plc Sponsored ADR B C B
RJF Raymond James Financial, Inc. B C B
STZ Constellation Brands, Inc. Class A B B B
VOD Vodafone Group Plc Sponsored ADR B C B

Downgraded: Buy to Hold

Symbol Company Quantitative Grade Fundamental Grade Total Grade
BLD TopBuild Corp. C C C
CARR Carrier Global Corp. C C C
DDOG Datadog Inc Class A C B C
KMB Kimberly-Clark Corporation C B C
LEN.B Lennar Corporation Class B C C C
MELI MercadoLibre, Inc. C B C
MLM Martin Marietta Materials, Inc. C B C
NVR NVR, Inc. C B C
PFGC Performance Food Group Co B C C
PM Philip Morris International Inc. B C C
SYK Stryker Corporation C B C
TOL Toll Brothers, Inc. C B C
TTD Trade Desk, Inc. Class A C B C
WLK Westlake Corporation B C C

Upgraded: Sell to Hold

Symbol Company Quantitative Grade Fundamental Grade Total Grade
ACN Accenture Plc Class A C C C
ADM Archer-Daniels-Midland Company C C C
BHP BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs D C C
CHWY Chewy, Inc. Class A D A C
CPT Camden Property Trust D B C
CTVA Corteva Inc C C C
DOC Healthpeak Properties, Inc. C D C
ELS Equity LifeStyle Properties, Inc. D B C
EVRG Evergy, Inc. C C C
EXPD Expeditors International of Washington, Inc. C C C
JD JD.com, Inc. Sponsored ADR Class A D C C
KHC Kraft Heinz Company C C C
NOK Nokia Oyj Sponsored ADR D C C
RF Regions Financial Corporation C C C
TROW T. Rowe Price Group D B C
TXN Texas Instruments Incorporated C C C
UDR UDR, Inc. D B C
UMC United Microelectronics Corp. Sponsored ADR C C C
WEC WEC Energy Group Inc C C C
ZBRA Zebra Technologies Corporation Class A C C C

Downgraded: Hold to Sell

Symbol Company Quantitative Grade Fundamental Grade Total Grade
ABT Abbott Laboratories D C D
ACI Albertsons Companies, Inc. Class A D C D
BLDR Builders FirstSource, Inc. D C D
CHT Chunghwa Telecom Co., Ltd Sponsored ADR D C D
CNI Canadian National Railway Company D C D
EQT EQT Corporation D D D
FMS Fresenius Medical Care AG Sponsored ADR D C D
FND Floor & Decor Holdings, Inc. Class A D C D
FTNT Fortinet, Inc. D C D
NLY Annaly Capital Management, Inc. D C D
ODFL Old Dominion Freight Line, Inc. D C D
RMD ResMed Inc. D B D
Z Zillow Group, Inc. Class C 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/market360/2024/06/20240624-upgrades-downgrades/.

©2024 InvestorPlace Media, LLC