) were among some of the widely held stocks downgraded by Louis
Navellier in his latest fundamental stock analysis on April 19,
) announced first-quarter earnings on Friday, April 15. GOOG stock
fell after the report on fears of increased spending even though
Google reported strong growth in profits. GOOG stock was downgraded
from its rating of a B grade or "buy" last week in Portfolio Grader
to a C grade or "hold" this week in Louis Navellier's database of
stocks to buy and sell.
Aerospace and defense stock
) was downgraded a C grade or "hold" in Portfolio Grader to a D
grade or "sell" this week in Portfolio Grader in anticipation of
its Wednesday, April 21, earnings report. It's key competitor
) was also
downgraded from "hold" to "sell
" the week before in the April 12 Portfolio Grader rankings.
) was downgraded from its rating of a B grade or "buy" last week in
to a C grade or "hold" this week in Portfolio Grader's fundamental
March video game sales
showed strength for software, but weak hardware sales have caused
trouble for Sony and it's PlayStation 3 console.
Get a complete list of this week's stock downgrades below.
Symbol Company Name Industry Market Cap (
) Grade This Week Grade Last Week AGU Agrium Inc. Chemicals $9.9 D
C AGN Allergan Inc. Pharmaceuticals $18.8 D C ACH Aluminum Corp. of
China Metals & Mining $14.4 F D AEP American Electric Power
Electric Utilities $16.1 C B AXP American Express Co. Consumer
Finance $53.8 C B AON AON Corp. Insurance $11.5 D C AUO AU
Optronics Corp. Electronic Equipment $9.8 D C BCS Barclays PLC
Commercial Banks $65.4 D C BBT BB&T Corp. Commercial Banks
$23.3 D C BHP BHP Billiton Ltd. Metals & Mining $220.3 D C BXP
Boston Properties Inc. Real Estate Investment Trusts $10.5 D C BCR
C.R. Bard Inc. Health Care Equipment $8.2 D C CUK Carnival PLC
Hotels Restaurants & Leisure $8.7 C B CHA China Telecom Corp.
Telecommunication Services $39.5 F D CI CIGNA Corp. Health Care
Providers & Services $9.5 C B CEO CNOOC Ltd. Oil Gas &
Fuels $78.3 D C DVN Devon Energy Corp. Oil Gas & Fuels $29.1 F
D DOW Dow Chemical Co. Chemicals $35.1 C B LLY Eli Lilly & Co.
Pharmaceuticals $40.2 D C ETR Entergy Corp. Electric Utilities
$15.2 D C EXC Exelon Corp. Electric Utilities $28.8 F D GGB Gerdau
S.A. Metals & Mining $15.8 C B GOOG Google Inc. Internet
Software & Services $174.8 C B LYG Lloyds Banking Group
Commercial Banks $64.1 D C LMT Lockheed Martin Aerospace &
Defense $31.0 D C MFC Manulife Financial Insurance $33.7 F D MHP
McGraw-Hill Cos. Media $11.0 D C MDT Medtronic Inc. Health Care
Equipment $49.8 C B MOT Motorola Inc. Communications Equipment
$16.9 D C NE Noble Corp. Energy Equipment & Services $10.6 D C
RL Polo Ralph Lauren Corp. Textiles Apparel & Luxury Goods $8.9
C B PKX POSCO (ADR) Metals & Mining $36.2 D C RF Regions
Financial Commercial Banks $9.9 D C RY Royal Bank of Canada @NA
$85.8 C B SAP SAP AG Software $57.8 D C SI Siemens AG Industrial
Conglomerates $83.6 D C SNE Sony Corp. Household Durables $35.7 C B
SE Spectra Energy Corp. Oil Gas & Fuels $14.8 C B STJ St. Jude
Medical Inc. Health Care Equipment $13.3 C B SYK Stryker Corp.
Health Care Equipment $22.8 C B SYMC Symantec Corp. Software $13.4
D C TLK Telekomunikasi Indonesia Telecommunication Services $17.5 D
C TS Tenaris S.A. Energy Equipment & Services $24.3 D C TEL
Tyco Electronics Ltd. Electronic Equipment $13.1 C B USB U.S.
Bancorp Commercial Banks $52.5 D C UMC United Microelectronics
Semiconductors $9.4 D C VE Veolia Environnement Multi-Utilities
$16.4 D C VNO Vornado Realty Trust Real Estate Investment Trusts
$13.9 D C WM Waste Management Inc. Commercial Services $17.0 C B
XRX Xerox Corp. Office Electronics $9.0 C B YZC Yanzhou Coal Mining
Oil Gas & Fuels $11.7 C B ZMH Zimmer Holdings Inc. Health Care
Equipment $12.4 C B
About Portfolio Grader: Every Sunday, renowned growth stock
adviser Louis Navellier runs a fundamental analysis on the top
5,000 Wall Street companies. Armed with this research, Navellier
offers a rating for each company reflected as a simple letter
grade, with A being "strong buy" and F being "strong sell."
Portfolio Grader's stock data is free and open to
the public, and can be accessed online here