On October 26, 2023, significant updates were made to stock ratings for 202 major blue-chip companies, reflecting changes in institutional buying and company fundamentals. Notable upgrades include Advanced Micro Devices (AMD) and Hershey Company (HSY), both receiving an “A” total grade, indicating improved investment potential.
In stark contrast, Robinhood Markets (HOOD) saw its rating downgraded from strong to neutral, reflecting deteriorating fundamentals despite maintaining a “B” fundamental grade. These revisions aim to guide investors as they navigate the current market landscape.
Investors are encouraged to stay informed by utilizing tools like the Stock Grader for ongoing updates on their holdings and stock performance.
