I decided to revise my Portfolio Grader recommendations for 88 big blue chips.
By
Louis Navellier, Editor, Growth Investor
Sep 3, 2024, 1:43 pm 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 88 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: Buy to Strong Buy
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
CHRW
C.H. Robinson Worldwide, Inc.
A
B
A
CI
Cigna Group
A
C
A
CNC
Centene Corporation
A
C
A
DFS
Discover Financial Services
A
B
A
EIX
Edison International
A
C
A
FOX
Fox Corporation Class B
A
C
A
GIS
General Mills, Inc.
A
C
A
HLN
Haleon PLC Sponsored ADR
A
C
A
IBKR
Interactive Brokers Group, Inc. Class A
A
B
A
JPM
JPMorgan Chase & Co.
A
B
A
MO
Altria Group, Inc.
A
C
A
NI
NiSource Inc
A
B
A
NTAP
NetApp, Inc.
A
B
A
NVS
Novartis AG Sponsored ADR
A
B
A
RDY
Dr. Reddy's Laboratories Ltd. Sponsored ADR
A
C
A
Upgraded: Hold to Buy
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
AFRM
Affirm Holdings, Inc. Class A
B
B
B
AGR
Avangrid, Inc.
B
B
B
AMP
Ameriprise Financial, Inc.
B
C
B
AZPN
Aspen Technology, Inc.
B
B
B
BAP
Credicorp Ltd.
B
C
B
CHT
Chunghwa Telecom Co., Ltd Sponsored ADR
B
C
B
CHWY
Chewy, Inc. Class A
C
B
B
CTLT
Catalent Inc
B
B
B
CUBE
CubeSmart
B
C
B
EXR
Extra Space Storage Inc.
B
C
B
GEN
Gen Digital Inc.
B
C
B
HII
Huntington Ingalls Industries, Inc.
B
C
B
HOLX
Hologic, Inc.
B
C
B
HUBB
Hubbell Incorporated
B
C
B
NSC
Norfolk Southern Corporation
B
C
B
PSA
Public Storage
B
C
B
PSX
Phillips 66
B
C
B
SPGI
S&P Global, Inc.
B
B
B
TCOM
Trip.com Group Ltd. Sponsored ADR
B
B
B
VRTX
Vertex Pharmaceuticals Incorporated
A
D
B
VTRS
Viatris, Inc.
B
D
B
WIT
Wipro Limited Sponsored ADR
B
C
B
XYL
Xylem Inc.
B
B
B
Downgraded: Buy to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABT
Abbott Laboratories
B
C
C
EC
Ecopetrol SA Sponsored ADR
B
C
C
FSLR
First Solar, Inc.
C
B
C
ITUB
Itau Unibanco Holding S.A. Sponsored ADR Pfd
C
C
C
MANH
Manhattan Associates, Inc.
C
B
C
O
Realty Income Corporation
B
C
C
ONTO
Onto Innovation, Inc.
C
B
C
PDD
PDD Holdings Inc. Sponsored ADR Class A
C
B
C
PSTG
Pure Storage, Inc. Class A
C
B
C
SMCI
Super Micro Computer, Inc.
C
C
C
SRPT
Sarepta Therapeutics, Inc.
B
C
C
STX
Seagate Technology Holdings PLC
C
B
C
TSCO
Tractor Supply Company
C
C
C
UBS
UBS Group AG
C
C
C
UMC
United Microelectronics Corp. Sponsored ADR
C
C
C
URI
United Rentals, Inc.
C
C
C
Upgraded: Sell to Hold
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ACN
Accenture Plc Class A
C
C
C
AWK
American Water Works Company, Inc.
C
C
C
BEPC
Brookfield Renewable Corp. Class A
C
D
C
BMY
Bristol-Myers Squibb Company
D
C
C
BNS
Bank of Nova Scotia
D
C
C
CHDN
Churchill Downs Incorporated
D
B
C
COO
Cooper Companies, Inc.
C
B
C
DRI
Darden Restaurants, Inc.
C
C
C
FDS
FactSet Research Systems Inc.
D
B
C
GGG
Graco Inc.
C
C
C
HUM
Humana Inc.
C
C
C
MRVL
Marvell Technology, Inc.
D
C
C
PODD
Insulet Corporation
D
B
C
ROP
Roper Technologies, Inc.
C
C
C
STE
STERIS plc
C
C
C
TM
Toyota Motor Corp. Sponsored ADR
C
C
C
UAL
United Airlines Holdings, Inc.
D
C
C
Downgraded: Hold to Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
BLDR
Builders FirstSource, Inc.
D
C
D
BMO
Bank of Montreal
D
C
D
FNV
Franco-Nevada Corporation
D
D
D
LRCX
Lam Research Corporation
D
B
D
NXPI
NXP Semiconductors NV
D
C
D
OKTA
Okta, Inc. Class A
D
C
D
OXY
Occidental Petroleum Corporation
D
B
D
SNPS
Synopsys, Inc.
D
C
D
TAP.A
Molson Coors Beverage Company Class A
D
C
D
TFII
TFI International Inc.
D
C
D
VMC
Vulcan Materials Company
D
C
D
WMS
Advanced Drainage Systems, Inc.
D
C
D
ZM
Zoom Video Communications, Inc. Class A
D
B
D
Downgraded: Sell to Strong Sell
Symbol
Company
Quantitative Grade
Fundamental Grade
Total Grade
ABEV
Ambev SA Sponsored ADR
F
C
F
BEN
Franklin Resources, Inc.
F
C
F
BF.A
Brown-Forman Corporation Class A
F
C
F
PUK
Prudential plc Sponsored ADR
F
C
F
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/market360/2024/09/20240903-upgrades-downgrades/.
