Upgrades This Week: BAC, CAT, WAG

By
A A A

Bank of America ( BAC ), Caterpillar Inc. ( CAT ) and Walgreen Co. ( WAG ) were among some of the widely held stocks upgraded by Louis Navellier in his latest fundamental stock analysis on March 29, 2010.

Bank of America ( BAC ) recently made headlines with news that it likely will not have to pay federal income taxes for 2009 due to a loss for the full-year. Also, the company has announced it will be rolling out a plan to forgive up to 30% of the debt owed to it by 45,000 mortgage customers in danger of default.

Caterpillar Inc. ( CAT ) recently announced it would take a $100 million charge related to a new law that will lower the company's tax deductions. But the company is still growing strong, and announced last week it will invest $2.8 million and create dozens of jobs at its Caterpillar Track Components plant in Danville, Kentucky.


Walgreen Co. ( WAG ) reported strong earnings last week, including second-quarter profit that rose nearly 5% thanks to higher margins and prescription sales.

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 .

SYMBOL COMPANY NAME SECTOR MARKET CAP ( B ) THIS WEEK LAST WEEK ACN Accenture Plc IT Services $26.8 A B BAC Bank of America Financial Services $154.8 C D BSY British Sky Broadcasting Media $15.5 B C CAT Caterpillar Inc. Machinery $39.0 C D CNI Canadian National Railway Road & Rail $28.3 C D COV Covidien PLC Health Care Equipment $24.7 B C CTL CenturyTel Inc. Telecommunications $10.6 B C DAL Delta Air Lines Inc. Airlines $11.4 B C ESRX Express Scripts Inc. Health Care Providers $27.7 A B GRMN Garmin Ltd. Household Durables $8.0 B C HSP Hospira Inc. Health Care Equipment $9.2 A F ISRG Intuitive Surgical Health Care Equipment $13.2 A B KUB Kubota Corp. Machinery $11.9 B C L Loews Corp. Insurance $15.8 C D MAR Marriott International Inc. Hotels, Restaurants & Leisure $11.1 C D MCK McKesson Corp. Health Care Providers $17.1 B C MHS Medco Health Solutions Health Care Providers $30.9 A B MTL Mechel OAO ( ADS ) Metals & Mining $13.9 B C PSA Public Storage Real Estate Investment Trusts $15.5 B C SAP SAP AG ( ADS ) Software $56.0 C D SNI Scripps Networks Media $7.3 B C TCK Teck Resources Ltd. Metals & Mining $23.7 A B V Visa Inc. IT Services $66.8 B C VIP Vimpel Communications Telecommunications $18.1 B C WAG Walgreen Co. Food & Staples Retailing $36.2 B C WLP WellPoint Inc. Health Care Providers $28.4 B C



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Stocks

Referenced Stocks: ADS , B

Louis Navellier

Louis Navellier

More from Louis Navellier:

Related Videos

Spot the Dropout RRC
Spot the Dropout RRC                
Spot the Dropout MG
Spot the Dropout MG                 
Spot the Dropout IPC
Spot the Dropout IPC                

Stocks

Referenced

67%
100%

Most Active by Volume

82,115,651
  • $95.21 ▼ 1.84%
63,856,529
  • $18.13 ▼ 0.17%
41,286,059
  • $5.19 ▼ 6.49%
39,091,664
  • $46.88 ▲ 1.27%
37,020,854
  • $3.97 ▲ 0.51%
34,682,490
  • $15.10 ▼ 0.72%
33,806,837
  • $36.08 ▼ 11.61%
31,373,599
  • $122.37 ▼ 0.50%
As of 7/30/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com