48 Ways to Prepare for Earnings Season

Second-quarter earnings season is just around the corner (Alcoa Inc. (AA) reports on July 8), and it’s probably not going to turn any heads. To be clear, things are looking up from the last round of earnings announcements, but that’s not saying much. The S&P 500 is expected to post an average 2% sales growth and 6% earnings growth. In the anemic earnings environment, stock picking will prevail. So it’s in our best interest to prepare.

And you can do just that by running your positions through Portfolio Grader. I’ll get you started by reviewing the 48 big blue chips that were just upgraded and downgraded this week in Portfolio Grader. If you hold any of the stocks below, you may want to take note because they are making big moves.

Upgrades

Last Week’s Holds, Now Buys

Symbol Company Name Quantitative Grade Fundamental Grade
CNP CenterPoint Energy Inc. B C
DAL Delta Air Lines Inc. B C
MON Monsanto Co. B B
NEE NextEra Energy Inc B D
NKE Nike Inc. Cl B B B
NVO Novo Nordisk A/S ADS B B
PGR Progressive Corp. B C
SE Spectra Energy Corp. B C
SYY Sysco Corp. B C
WYNN Wynn Resorts Ltd. B B

Last Week’s Sells, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
AGN Allergan Inc. D B
BG Bunge Ltd. C C
CTRX Catamaran Corp C C
FRX Forest Laboratories Inc. C D
NOK Nokia Corp. (ADR) C D
PNC PNC Financial Services Group Inc. D B

Downgrades

Last Week’s Buys, Now Holds

Symbol Company Name Quantitative Grade Fundamental Grade
ABT Abbott Laboratories C B
CERN Cerner Corp. C B
CHT Chunghwa Telecom Co. Ltd. ADS B C
CMCSA Comcast Corp. Cl A C B
CMCSK Comcast Corp. Cl A Special C C
DIS Walt Disney Co. C B
FMX Fomento Economico Mexicano S.A.B. de C.V. ADS C B
HBC HSBC Holdings PLC ADS C B
ICE IntercontinentalExchange Inc. C C
LUK Leucadia National Corp. C C
MFC Manulife Financial Corp. C C
NU Northeast Utilities C B
ROP Roper Industries Inc. C B
RRC Range Resources Corp. C C
RY Royal Bank of Canada C B
SCHW Charles Schwab Corp. C C
WFC Wells Fargo & Co. C B
WY Weyerhaeuser Co. C B

Last Week’s Holds, Now Sells

Symbol Company Name Quantitative Grade Fundamental Grade
CF CF Industries Holdings Inc. D C
CHK Chesapeake Energy Corp. D C
CHL China Mobile Ltd. ADS D B
COP ConocoPhillips D C
DG Dollar General Corp. D C
ESRX Express Scripts Holding Co D B
KO Coca-Cola Co. D C
MJN Mead Johnson Nutrition Co. D C
MO Altria Group Inc. D C
MOS The Mosaic Co. D C
PRGO Perrigo Co. D C
SNP China Petroleum & Chemical Corp. ADS D B
TV Grupo Televisa S.A.B. ADS D C
USB U.S. Bancorp D C

Sincerely,

Louis Navellier

Louis Navellier

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