ArcelorMittal - Upgrades & Downgrades
NEW YORK (TheStreet Ratings) -- TheStreet Ratings' stock model upgraded ArcelorMittal SA (MT) to 'Buy' from 'Hold'. Net income at this $51.8 billion market cap bank grew by 67% to a profit of $1.1 billion compared to in the prior first quarter.
TheStreet Ratings released rating changes on 18 U.S. common stocks for May 13, 2011. In total, nine stocks were upgraded and nine stocks were downgraded by our stock model.
In the first quarter, ArcelorMittal reported $22.2 billion in revenue, an increase of 27.3% compared to the year earlier quarter. Learn more about ArcelorMittal: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$1.0 billion market cap, insurance company, Tower Group Inc (TWGP) was upgraded by our stock model to 'Buy' from 'Hold'. In first quarter results, Tower Group reported net profit of $25.7 million, up 47.0% from the year earlier quarter. Over the same time period, revenue gained 41.9% to $430.5 million. Learn more about Tower Group: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
-- Reported by Kevin Baker in Jupiter, FL.For additional Investment Research check out our Ratings Research Center.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim 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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
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
Stocks Under $10
TRY IT FREEDavid 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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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 + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur 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
