Navellier Upgrades 55 Stocks, Downgrades 64 in Latest Stock Grader Update
Louis Navellier, editor of Growth Investor, has updated his Stock Grader recommendations for 196 big blue chip stocks. After analyzing institutional buying pressure and fundamental health, he upgraded 55 companies to Strong or Very Strong from Neutral or Weak.
Berkshire Hathaway (BRK.B) was among the top upgrades, with Navellier citing its strong financials and potential for long-term growth. Other notable upgrades include Coca-Cola Company (KO), Simon Property Group (SPG), and Enbridge Inc. (ENB).
In contrast, Navellier downgraded 64 companies to Neutral or Weak from Strong or Very Strong. Carvana Co. (CVNA) was among the top downgrades, with Navellier expressing concerns about its weak financials and high debt levels. Other notable downgrades include Advanced Micro Devices (AMD), Assurant Inc. (AIZ), and Kinder Morgan Inc (KMI).