Published on 9 Jan 2023 on InvestorPlace via Yahoo Finance
Weekly Upgrades and Downgrades
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 98 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:
Downgraded: Buy to Hold SymbolCompany NameQuantitative GradeFundamental GradeTotal GradeACIAlbertsons Companies, Inc. Class ACCCAEGAegon N.V. ADRBCCAXPAmerican Express CompanyCCCBBDOBanco Bradesco S.A. Sponsored ADRCBCBBYBest Buy Co., Inc.CCCDDDuPont de Nemours, Inc.BCCDFSDiscover Financial ServicesCCCFCNCAFirst Citizens BancShares, Inc. Class ACBCHBANHuntington Bancshares IncorporatedCBCJPMJPMorgan Chase & Co.CCCMFCManulife Financial CorporationBCCMOAltria Group IncBCCMTBM&T Bank CorporationCCCPAYCPaycom Software, Inc.CBCPRUPrudential Financial, Inc.BDCRCIRogers Communications Inc. Class BBCCRFRegions Financial CorporationBCCRPRXRoyalty Pharma Plc Class ACBCSNYSanofi Sponsored ADRCCCSPLKSplunk Inc.CBCSTTState Street CorporationCCCSTZConstellation Brands, Inc. Class ACCCTAT&T Inc.BCCVTRSViatris, Inc.CCC