This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stock Upgrades, Downgrades From Ratings

Riviera Holdings (RIV), through its subsidiaries, owns and operates the Rivieria Hotel and Casino in Las Vegas, and the Riviera Black Hawk Casino in Black Hawk, Colo. It has been upgraded to a hold from a sell.

The company's third-quarter revenue increased 4.0% compared with the same period last year, and regardless of the somewhat mixed results of its debt-to-equity ratio, the company's quick ratio of 1.45 is sturdy. Riviera has experienced somewhat volatile earnings recently, but we feel it is poised for EPS growth in the coming year. However, its net losses in the third quarter deepened to $18.25 million from $430,000 in the same period last year. Riviera had been rated a sell since November, prior to which it had been rated a hold since December 2005.

United Natural Foods (UNFI) sells natural and organic foods in the U.S. It has been upgraded to buy from hold. The company's revenue increased 13.9% in the first quarter of its fiscal 2008 compared with the same period last year, growth which appears to have trickled down to the company's bottom line.

United Natural Foods' first-quarter earnings increased 10.3% to 32 cents a share from 29 cents per share, continuing a two-year pattern of positive EPS growth. The company also demonstrates reasonable valuation levels. Its stock price has fallen by 17.6% in the last 12 months, but this should not be interpreted as a negative. In fact, it is one of the factors that makes this stock an attractive investment. Given its other strengths, the company's somewhat disappointing return on equity is not a concern. United Natural Foods had been rated a hold since July 2007.

3 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs