American Superconductor - Upgrades & Downgrades

TheStreet Ratings released rating changes on 20 U.S. common stocks for November 2, 2010. Five stocks were downgraded and 15 stocks have been upgraded by our stock model.
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NEW YORK (

TheStreet

) -TheStreet Ratings' stock model upgraded

American Superconductor

(AMSC) - Get Report

to 'Buy' from 'Hold. Net income at this $1.6 billion market cap, wind turbine electrical systems manufacturer grew 130%, improving to $10 million in the second quarter from a profit of $4.3 million in the same quarter last year.

TheStreet Ratings released rating changes on 20 U.S. common stocks for November 2, 2010. In total, five stocks were downgraded and 15 stocks have been upgraded by our stock model.

In the second quarter, gross revenue at American Superconductor jumped by 36% to $318 million. Learn more about American Superconductor:

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Analyst Ratings

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$4.5 billion market cap, global positioning device maker,

Trimble Navigation

(TRMB) - Get Report

was upgraded to 'Buy' from 'Hold'. In third quarter results for Trimble Navigation gross revenue increased 18% to $318 million while net income improved by 111% to $32.9 million from a profit of $15.6 million in the year earlier quarter. Learn more about Trimble Navigation:

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-- Reported by Chris Stuart in Boston, MA.

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Chris Stuart, CFA, equity research manager, joined TheStreet.com Ratings after working as a senior investment analyst with Merrill Lynch, covering Small Cap Equity and Alternative investment strategies. Prior to that, Chris gained analytical and investment experience, working for One Beacon Insurance as an Actuarial Analyst, and H&R Block as a Financial Advisor. He earned his Bachelor's degree in Finance from the University of Massachusetts Amherst. He holds a Chartered Financial Analyst (CFA) designation, and is a member of the Boston Security Analysts Society (BSAS) and the CFA Institute.