Eli Lilly Upgraded, Best Buy Downgraded: Updated Rankings on Top Blue-Chip Stocks
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
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 122 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 AAOIApplied Optoelectronics, Inc.ACA BBIOBridgeBio Pharma, Inc.ACA COPConocoPhillipsABA CQPCheniere Energy Partners, L.P.ABA DVNDevon Energy CorporationACA FANGDiamondback Energy, Inc.ABA FTNTFortinet, Inc.ABA IXORIX Corporation Sponsored ADRABA LLYEli Lilly and CompanyACA LYBLyondellBasell Industries NVABA MPLXMPLX LPACA MRKMerck & Co., Inc.ACA NVTnVent Electric plcABA OKEONEOK, Inc.ACA ONTOOnto Innovation, Inc.ABA OXYOccidental Petroleum CorporationAAA PAAPlains All American Pipeline, L.P.ABA PRPermian Resources Corporation Class AABA RNRRenaissanceRe Holdings Ltd.ACA SLFSun Life Financial Inc.ABA TWLOTwilio, Inc. Class AABA
Downgraded: Very Strong to Strong
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ADMArcher-Daniels-Midland CompanyABB AFLAflac IncorporatedACB ARWArrow Electronics, Inc.BBB CNCCentene CorporationABB COKECoca-Cola Consolidated, Inc.ACB EIXEdison InternationalACB ENBEnbridge Inc.ACB FRTFederal Realty Investment TrustACB JNJJohnson & JohnsonACB KOCoca-Cola CompanyACB LSCCLattice Semiconductor CorporationBBB MUFGMitsubishi UFJ Financial Group, Inc. Sponsored ADRBBB NYTNew York Times Company Class ABCB ROIVRoivant Sciences Ltd.ADB SPGSimon Property Group, Inc.ACB VTRVentas, Inc.ACB VTRSViatris, Inc.ACB WDSWoodside Energy Group Ltd Sponsored ADRACB
Upgraded: Neutral to Strong
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade AITApplied Industrial Technologies, Inc.BCB CCEPCoca-Cola Europacific Partners plcBCB ENTGEntegris, Inc.BCB ESSEssex Property Trust, Inc.BDB FCNCAFirst Citizens BancShares, Inc. Class ABCB FLSFlowserve CorporationBCB FNFabrinetBCB GMABGenmab A/S Sponsored ADRBCB ORealty Income CorporationBCB QSRRestaurant Brands International, Inc.BBB RIVNRivian Automotive, Inc. Class ABCB RLRalph Lauren Corporation Class ABCB SNSharkNinja, Inc.BCB SYYSysco CorporationBCB TECHBio-Techne CorporationBBB TXRHTexas Roadhouse, Inc.BCB USFDUS Foods Holding Corp.BCB VRTXVertex Pharmaceuticals IncorporatedBCB YUMCYum China Holdings, Inc.BCB
Downgraded: Strong to Neutral
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade ACGLArch Capital Group Ltd.BCC AUAnglogold Ashanti PLCCCC BBYBest Buy Co., Inc.CCC CCKCrown Holdings, Inc.CBC CPCanadian Pacific Kansas City LimitedBCC DTEDTE Energy CompanyBCC GEGE AerospaceCCC GILDGilead Sciences, Inc.BDC GRMNGarmin Ltd.CBC ITUBItau Unibanco Holding S.A. Sponsored ADR PfdCCC LYGLloyds Banking Group plc Sponsored ADRCCC NEMNewmont CorporationBCC NWGNatWest Group Plc Sponsored ADRCBC REGRegency Centers CorporationBCC ROKRockwell Automation, Inc.CCC UBSUBS Group AGCCC VIVTelefonica Brasil SA Sponsored ADRCCC WFWoori Financial Group, Inc. Sponsored ADRCCC WMTWalmart Inc.BCC
Upgraded: Weak to Neutral
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade CCJCameco CorporationCDC CHYMChime Financial, Inc. Class ADCC FERGFerguson Enterprises Inc.CCC HEI.AHEICO Corporation Class ADBC JHXJames Hardie Industries PLCCBC KTOSKratos Defense & Security Solutions, Inc.DBC NOCNorthrop Grumman Corp.CCC SMCISuper Micro Computer, Inc.DAC TEAMAtlassian Corp Class ADCC TELTE Connectivity plcDCC TOSTToast, Inc. Class ADBC TTTrane Technologies plcCCC UUnity Software, Inc.CCC ZBRAZebra Technologies Corporation Class ADBC
Downgraded: Neutral to Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade AFRMAffirm Holdings, Inc. Class ADBD ALLYAlly Financial IncDCD AONAon Plc Class ADCD APTVAptiv PLCDCD BWXTBWX Technologies, Inc.DCD CTASCintas CorporationDCD DBDeutsche Bank AktiengesellschaftDCD FNFFidelity National Financial, Inc. - FNF GroupDCD FWONALiberty Media Corporation Class ADDD FWONKLiberty Media Corporation Series C Liberty Formula OneDDD GENGen Digital Inc.DBD IDXXIDEXX Laboratories, Inc.FCD KDPKeurig Dr Pepper Inc.DCD KHCKraft Heinz CompanyDCD KRKroger Co.DCD KSPIKaspi.kz Joint Stock Company Sponsored ADR RegSDCD MAMastercard Incorporated Class ADCD MRSHMarsh & McLennan Companies, Inc.DCD PEGPublic Service Enterprise Group IncDCD PHMPulteGroup, Inc.DCD RBARB Global, Inc.DCD SNNSmith & Nephew plc Sponsored ADRFCD STESTERIS plcDCD WMGWarner Music Group Corp. Class AFBD ZBHZimmer Biomet Holdings, Inc.DCD
Upgraded: Very Weak to Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade BAMBrookfield Asset Management Ltd. Class AFBD DISWalt Disney CompanyFCD PTCPTC Inc.FCD
Downgraded: Weak to Very Weak
SymbolCompany NameQuantitative GradeFundamental GradeTotal Grade BMNRBitMine Immersion Technologies IncFCF BNTXBioNTech SE Sponsored ADRFDF FISFidelity National Information Services, Inc.FCF
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 Eli Lilly Upgraded, Best Buy Downgraded: Updated Rankings on Top Blue-Chip Stocks appeared first on InvestorPlace.