Jewett-Cameron Trading - Upgrades & Downgrades

NEW YORK ( TheStreet) -TheStreet Ratings' stock model upgraded Jewett-Cameron Trading ( JCTCF) to 'Buy' from 'Hold'. Net income at this $20.8 million market cap, wood products distributor jumped 144% to a profit of $0.5 million compared to in the prior fiscal second quarter.

TheStreet Ratings released rating changes on 10 U.S. common stocks for April 13, 2011. In total, four stocks were upgraded and six stocks were downgraded by our stock model.

In the fiscal second quarter, Jewett-Cameron Trading reported $11.9 million in revenue, an increase of 54.5% compared to the year earlier quarter. Learn more about Jewett-Cameron Trading: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

$34 million market cap, veterinary products company, Heska Corp ( HSKA) was downgraded to 'Sell' from 'Hold'. In fourth quarter results, Heska reported a net income of $0.27 million, down 40.9% from the year earlier quarter. Over the same time period, revenue decreased by 13.5% to $15 million. Learn more about Heska: 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.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering equity and mutual fund ratings. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

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