Procter & Gamble
($77.43) has been downgraded to hold from buy over the weekend. The stock is between annual levels at $75.13 and $78.73.
(KO - Get Report)
($39.76) continues to have a buy rating but archrival
(PEP - Get Report)
($80.13) has been downgraded to hold from buy. My annual value level is $77.05 with an annual pivot at $79.02, a monthly pivot at $80.26 and weekly risky level at $81.46.
The autos-tires-trucks sector joins the transportation sector with an "avoid-source of funds" rating. There are 96 stocks in the auto sector and none are rated buy. With 55 rated sell and another 11 rated strong sell, 68.8% of the stocks have sell ratings. Four were downgraded to sell over the weekend.
($35.29) has a semiannual value level at $29.87 with a monthly pivot at $37.34 and weekly risky level at $38.03.
(TM - Get Report)
($119.55) has annual value levels at $112.27 and $101.68 with monthly and weekly risky levels at $123.44 and $123.45.
($13.51) has a semiannual value level at $10.53 with monthly and weekly risky levels at $14.59 and $14.96.
($72.71) has a quarterly value level at $55.64 with weekly and monthly risky levels at $77.45 and $78.07.
At the time of publication the author held no positions in any of the stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.