TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
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Upgrades: CNQ, JNP, QIWI, TARO
Downgrades: IRIX, PFIN, TSCO
Initiations: None
Read on to get TheStreet Quant Ratings' detailed report:
Wall Street churned around the flatline for much of the day with investors reluctant to commit to any one direction until the release of Friday's highly anticipated jobs report.
Stocks rise, though are off earlier highs, Thursday morning after the European Central Bank raises its growth forecasts and maintains its loose monetary policy.
Increasing volumes, good balance sheets/free cash flows and trading discounts compared with their peers make Cenovus and Suncor good buys, Goldman Sachs says.
Trade-Ideas LLC identified Canadian Natural Resources (CNQ) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate