Weekly Upgrades and Downgrades | InvestorPlace

09/03/2024 stocksadmin

I decided to revise my Portfolio Grader recommendations for 88 big blue chips.

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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.

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