Among today's stocks in the news, Home Depot (HD | Quote | Chart | News | PowerRating), announced it is
close to agreeing a price for the sale of its wholesale distribution arm, Gap
(GPS | Quote | Chart | News | PowerRating) reported a 19% rise in earnings, and Ann Taylor Stores
(ANN | Quote | Chart | News | PowerRating) earnings fell by 27%.
One stock was upgraded to PowerRatings (for Investors) of 10, the highest
rating. The top
rated stocks have historically done a superior job of identifying stocks which
have risen in value over the next 12 months. Among today's list of upgrades is:
Torchmark (TMK | Quote | Chart | News | PowerRating) has a PowerRating (for Investors) of 10, upgraded
from 9. The company is an insurance holding company engaged through its
subsidiaries in a variety of nonparticipating ordinary life insurance products,
supplemental health insurance products and Annuity products.
Click here for all of
today's upgrades.
Two stocks were
downgraded to an unattractive PowerRating (for Investors) today. Stocks with low
PowerRatings (for Investors) have tended to underperform the market over the
next 12 months. Among today's list of downgrades is:
Continental Airlines (CAL | Quote | Chart | News | PowerRating) has a PowerRating (for Investors) of 2, downgraded from 3.
The U.S. air carrier is engaged in the business of transporting passengers,
cargo and mail. CAL's shares have been underperforming the market, with a -22.9%
YTD return.
Click here for all of
today's downgrades.
