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 Stock Grader recommendations for 93 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: Strong to Very Strong
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade BGBunge Global SAACA CFRCullen/Frost Bankers, Inc.ACA FIVEFive Below, Inc.ABA ILMNIllumina, Inc.ACA INTCIntel CorporationACA NOKNokia Oyj Sponsored ADRACA NUENucor CorporationABA NVTnVent Electric plcABA ONTOOnto Innovation, Inc.ABA SMTCSemtech CorporationABA TRVTravelers Companies, Inc.ABA VGVenture Global, Inc. Class AABA VTRSViatris, Inc.ACA WABWestinghouse Air Brake Technologies CorporationACA
Downgraded: Very Strong to Strong
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade AMGNAmgen Inc.ABB CVSCVS Health CorporationBBB DEDeere & CompanyACB FMXFomento Economico Mexicano SAB de CV Sponsored ADR Class BABB HSBCHSBC Holdings PLC Sponsored ADRABB MFCManulife Financial CorporationACB MTArcelorMittal SA ADRACB TRPTC Energy CorporationACB WMBWilliams Companies, Inc.ACB
Upgraded: Neutral to Strong
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ADIAnalog Devices, Inc.BBB ANETArista Networks IncBBB BMRNBioMarin Pharmaceutical Inc.BCB CPAYCorpay, Inc.BCB DDSDillard's, Inc. Class ABCB ELVElevance Health, Inc.BCB EMBJEmbraer S.A. Sponsored ADRBBB EMEEMCOR Group, Inc.BBB ENSGEnsign Group, Inc.BCB HPQHP Inc.BCB MDLZMondelez International, Inc. Class ABBB MPWRMonolithic Power Systems, Inc.BBB ONON Semiconductor CorporationBBB PFEPfizer Inc.BCB QRVOQorvo, Inc.BBB RIVNRivian Automotive, Inc. Class ABCB RVTYRevvity, Inc.BCB SYYSysco CorporationBCB
Downgraded: Strong to Neutral
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade AEEAmeren CorporationBCC AEGAegon Ltd. Sponsored ADRCCC AFGAmerican Financial Group, Inc.CBC BJBJ's Wholesale Club Holdings, Inc.CCC DLTRDollar Tree, Inc.CBC ELSEquity LifeStyle Properties, Inc.CCC FCNCAFirst Citizens BancShares, Inc. Class ACCC FTVFortive Corp.CCC GSKGSK plc Sponsored ADRBCC HWMHowmet Aerospace Inc.CBC KVUEKenvue, Inc.CCC LNTAlliant Energy CorporationBCC MDTMedtronic PlcCCC NVSNovartis AG Sponsored ADRBCC SNASnap-on IncorporatedBCC SOSouthern CompanyCCC SPGSimon Property Group, Inc.BCC ULSUL Solutions Inc. Class ACBC UNHUnitedHealth Group IncorporatedCBC WPCW. P. Carey Inc.CBC ZTOZTO Express (Cayman), Inc. Sponsored ADR Class ACBC
Upgraded: Weak to Neutral
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade CDWCDW CorporationCCC CRBGCorebridge Financial, Inc.DCC KHCKraft Heinz CompanyCCC QCOMQUALCOMM IncorporatedCCC SWKSSkyworks Solutions, Inc.CDC TELTE Connectivity plcDCC TXTTextron Inc.CCC UHSUniversal Health Services, Inc. Class BCCC XYZBlock, Inc. Class ACCC
Downgraded: Neutral to Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ADPAutomatic Data Processing, Inc.DCD AXONAxon Enterprise IncDCD CEGConstellation Energy CorporationDCD COOCooper Companies, Inc.DBD DRIDarden Restaurants, Inc.DCD FERFerrovial N.V.DCD LHXL3Harris Technologies IncDCD MKLMarkel Group Inc.DCD NRGNRG Energy, Inc.DCD NUNu Holdings Ltd. Class ADBD NVONovo Nordisk A/S Sponsored ADR Class BDCD PEGPublic Service Enterprise Group IncDDD TEMTempus AI, Inc. Class ADBD TWTradeweb Markets, Inc. Class ADCD WTWWillis Towers Watson Public Limited CompanyDCD
Upgraded: Very Weak to Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ALNYAlnylam Pharmaceuticals, IncFCF AZOAutoZone, Inc.FDF GISGeneral Mills, Inc.FDF
Downgraded: Weak to Very Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ALNYAlnylam Pharmaceuticals, IncFCF AZOAutoZone, Inc.FDF GISGeneral Mills, Inc.FDF
To stay on top of my latest stock ratings, plug your holdings into Stock Grader, my proprietary stock screening tool. But, you must be a subscriber to one of my premium services.
To learn more about my premium service, Growth Investor, and get my latest picks, go here. Or, if you are a member of one of my premium services, you can go here.
Sincerely,
Louis Navellier
Editor, Market 360
The post Intel Upgraded, CVS Health Downgraded: Updated Rankings on Top Blue-Chip Stocks appeared first on InvestorPlace.