This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here Ratings: Stock Upgrades, Downgrades

Each weekday, Ratings updates its ratings on the stocks we cover. Our model projects a stock's total return potential over a 12-month period, including price appreciation and dividends. Our buy, hold or sell ratings designate how we expect these stocks to perform against a general benchmark of the equities market and interest rates.

While our model is quantitative, it uses both subjective and objective elements. For instance, subjective elements include expected equities market returns, future interest rates, implied industry outlook and forecasted company earnings. Objective elements include volatility of past operating revenue, financial strength and company cash flows.

Some recent rating changes are highlighted below.

Westlake Chemical (WLK - Get Report) has been downgraded to hold from buy. The company's revenues fell 17.7% in the fourth quarter of fiscal 2006 compared to the same quarter a year earlier. Gross profit margins also declined over the same period. Westlake had been rated buy since February 2007.

Georgia-based United Community Banks (UCBI) has been upgraded to buy from hold. The company's revenues grew 28.5% in the fourth quarter of fiscal 2006 over the year-earlier period, outpacing the industry average of 3.4%. Earnings per share and net income also rose over the same period. United Community Banks had been rated hold since March 2005.

Reinsurance provider Renaissancere Holdings (RNR - Get Report) has been downgraded to hold from buy. The company's revenues have fallen over the past year, and Ratings expects Renaissancere's EPS growth to slow going forward. The company had been rated buy since September 2006.

Goodrich Petroleum (GDP) has been downgraded to hold from buy. The company is involved in oil and gas exploration and production in eastern Texas and northwestern Louisiana. Goodrich's net income swung to a loss in the fourth quarter of 2006 compared with the same quarter a year ago. Earnings per share have also declined. The company had been rated buy since November 2006.

Semitool (SMTL) has been upgraded to buy from hold. The company produces equipment for the manufacture of semiconductors. Semitool has seen robust revenue growth over the past year, and remains in a solid financial position with relatively little debt. The stock price has gone up more than 6% in the past year, and Ratings sees more upside potential in the future. Semitool had been rated hold since March 2005.

Additional ratings changes are listed in the table below. Ratings Stock Upgrades, Downgrades
Company Name Ticker Change New Rating Former Rating
Morgans Hotel Group MHGC Initiation Sell
Spark Networks LOV Initiation Sell
Cardinal State Bank CSNC Downgrade Hold Buy
Westlake Chemical WLK Downgrade Hold Buy
United Community Banks UCBI Upgrade Buy Hold
AMREIT AMY Upgrade Buy Hold
Exploration Corp of Delaware TXCO Downgrade Hold Buy
Quovadx QVDX Upgrade Hold Sell
Toreador Resources TRGL Downgrade Hold Buy
Semitool SMTL Upgrade Buy Hold
Renaissancere Holdings RNR Downgrade Hold Buy
Supertel Hospitality SPPR Upgrade Buy Hold
Goodrich Petroleum GDP Downgrade Hold Buy
Alto Palmero APSA Downgrade Sell Hold
Buca BUCA Upgrade Hold Sell
Source: Ratings

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GDP $0.04 -5.41%
RNR $110.26 0.51%
WLK $50.72 -2.90%
USBI $8.73 0.11%
AAPL $95.03 -2.90%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs