Stock Upgrades
James | Apr 23, 2009 | Comments 0
Recently upgrade quite a few companies to Bullish with a strong long-term outlook. The list includes McDonalds (MCD) who has delivered with strong earnings and increased dividend. Hersheys (HSY) who has reduced cost and is poised for a 15-20% increase in profits. International Business Machines (IBM) whos strong consulting business is picking up with a lot of contracts. Agrium (AGU) who like Potash (POT) is set to ride the agriculture rally. Amazon (AMZN) who has seen an increase in sales as we head into the summer months. Lastly, Transocean (RIG) whos ships are busy now as commodities are becoming a necessity. On the other side, I downgraded Las Vegas Sands (LVS) as airport numbers and summer travel projections show that Las Vegas is in for a tough summer. Stay tuned and I will keep you posted.
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