TheStreet.com Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking total return performance. BOSTON ( TheStreet) -- TheStreet.com's stock-rating model upgraded Avery Dennison ( AVY), a maker of office supplies, pressure-sensitive materials and labels, to "hold." The numbers: Second-quarter net income dropped 57% to $40 million and earnings per share fell 59% to 38 cents, hurt by a higher share count. Revenue decreased 20% to $1.5 billion. Its gross margin remained steady at 30%, but its operating margin fell from 8% to 6%. A quick ratio of 0.5 indicates less-than-ideal liquidity. A debt-to-equity ratio of 1.6 indicates excessive leverage. The stock: Avery Dennison is up 6% this year, trailing major U.S. indices. The company suffered from a $9 a share net loss in the first-quarter and halved its quarterly dividend. Shares pay a 2.3% dividend yield. The model upgraded Coeur d'Alene Mines ( CDE) to "hold." The numbers: The company swung to a second-quarter profit of $12 million, or 17 cents a share, from a loss of $5.4 million, or 10 cents a share, in the year-earlier period. Revenue increased 46% to $73 million. Its gross margin dropped from 50% to 31% and its operating margin remained in negative territory. A quick ratio of 0.5 indicates less-than-ideal liquidity. But a debt-to-equity ratio of 0.1 demonstrates modest leverage. The stock: Coeur d'Alene Mines has surged 138% this year, outpacing major U.S. indices. The stock trades at a price-to-earnings ratio of 76, a premium to the market and precious metals peers. The company does not pay dividends. The model upgraded Covidien ( COV), maker of health care products and devices, to "buy."