ARM Holdings PLC (NASDAQ: ARMH) was reiterated Buy and the ADR price target was raised to $56 at Canaccord Genuity.

Bristol-Myers Squibb Co. (NYSE: BMY) was raised to Buy from Neutral at Citigroup.

Chesapeake Energy Corp. (NYSE: CHK) was raised to Positive at Susquehanna.

Citigroup Inc. (NYSE: C) was reiterated Outperform but the target price was raised to $60 from $53 based on earnings diversification and Latin American growth prospects.

Cree Inc. (NASDAQ: CREE) was raised to Buy with $72 price target from Neutral and $59 target at Stern Agee.

Galena Biopharma Inc. (NASDAQ: GALE) was started as Outperform at JMP Securities.

Home Depot Inc. (NYSE: HD) was reiterated as Buy at Argus but the target price was raised to $90 from $85 based on higher earnings estimates for 2013 and 2014.

International Flavors & Fragrances Inc. (NYSE: IFF) was reiterated Buy at Argus but the target price was to $93 from $87 based on higher earnings expectations.

Read also: Lessons of the 2013 Solar Bubble Versus the 2007-2008 Solar Bubble

Medtronic Inc. (NYSE: MDT) was raised to Buy from Hold late on Tuesday by S&P Capital IQ.

Monster Beverage Corp. (NASDAQ: MNST) was started as Outperform at BMO Capital Markets.

PepsiCo Inc. (NYSE: PEP) was started as Outperform at BMO Capital Markets.

Popular Inc. (NASDAQ: BPOP) was started as Outperform at Wells Fargo.

Terex Corp. (NYSE: TEX) was raised to Overweight from Equal Weight at Barclays.

Read also: Top Chip CapEx and Materials Stocks to Buy Now from UBS

UBS gave a list of 10 wireless trends for investors to bank on 2013.

Aetna Inc. (NYSE: AET) was reinstated as Buy at Goldman Sachs.

American Tower Corp. (NYSE: AMT) was raised to Outperform from Neutral at Macquarie.

BlackRock Inc. (NYSE: BLK) was raised to Outperform from Neutral at Macquarie.

Cray Inc. (NASDAQ: CRAY) was started as Buy with $25 price target at Stern Agee.

Cubist Pharmaceuticals Inc. (NASDAQ: CBST) was raised to Hold from Sell at Cantor Fitzgerald.

Hasbro Inc. (NASDAQ: HAS) started as Overweight at Piper Jaffray.

IntercontinentalExchange Inc. (NYSE: ICE) was raised to Outperform from Neutral at Macquarie.

LeapFrog Enterprises Inc. (NYSE: LF) was started as Overweight at Piper Jaffray.

Mattel Inc. (NASDAQ: MAT) started as Overweight at Piper Jaffray.

Sony Corp. (NYSE: SNE) was started as Buy at Jefferies.

Stifel Financial Corp. (NYSE: SF) was raised to Market Perform from Underperform at Wells Fargo.

Goldman Sachs has raised its 2013 S&P 500 price target to 1,750 from 1,625, and it raised the S&P 500 price target for 2014 to 1,900 from 1,775.

See also: Merrill Lynch Recommends Specialty Metals and Mining Stocks to Buy

Abbott Laboratories (NYSE: ABT) was raised to Buy from Neutral at Goldman Sachs.

Accenture PLC (NYSE: ACN) was raised to Buy from Neutral at Goldman Sachs.

NetEase Inc. (NASDAQ: NTES) was raised to Buy from Neutral at Citigroup.

Deutsche Bank gave its top oil services stocks to buy today.

J.C. Penney Co. Inc. (NYSE: JCP) was raised to Buy from Hold at Maxim Group.

Michael Kors Holdings Ltd. (NYSE: KORS) was started as Buy at Canaccord Genuity.

Oppenheimer gave a list of top consumer and business services stocks to buy.

Pandora Media Inc. (NYSE: P) was raised to Equal Weight from Underweight at Barclays.

Priceline.com Inc. (NASDAQ: PCLN) was raised to Buy from Hold at Deutsche Bank.

T-Mobile US Inc. (NYSE: TMUS) was raised to Buy from Hold at Deutsche Bank.

Read also: Today’s Top Analyst Downgrades and Cautious Research Calls

The quiet period for Taylor Morrison Home Corp. (NYSE: TMHC) has ended and we have seen the following coverage calls from Wall Street: started as Buy at Citigroup, started as Outperform at Credit Suisse and started as Overweight at J.P. Morgan.

To keep things even for U.S. investors, we screened out the ADRs held by Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B) even though one is mentioned at the end of the screen to keep them on the list. Of the dozens of stocks held by the conglomerate, these are the eight highest dividends in the Buffett portfolio. We have put the stocks in order of the highest yields first and added in color on each if applicable. As you will see, most of the Buffett top dividend yields still offer upside to their consensus price targets for value investors looking for growth.

ConocoPhillips (NYSE: COP) leads the list with a common stock dividend yield of 4.2%. The company has pledged to keep its dividend strong, and this puts it higher than other oil giants. This stock is now within about 1% of new 52-week highs and the $62.42 share price compares to an analyst consensus price target of about $63.98.

Gannett Co. Inc. (NYSE: GCI) has a surprising yield of 3.6% for its common stock holders. This remains a small holding of Warren Buffett but investors might be surprised that the newspaper and media stock has risen to the point that it is up almost 100% from its 52-week low. At $21.62 as of now, the stock trades right at the $21.61 consensus analyst price target, and the 52-week trading range is $12.17 to $22.21.

General Electric Co. (NYSE: GE) offers a 3.3% yield, partly because shares have pulled back since earnings. The earnings report was not stellar by any means, but we think GE shares were sold off too hard after earnings when you consider the state of the bull market. Shares are at $23.24, and GE’s 52-week high is $23.90. Analysts have a consensus target price of $25.33. GE is likely to have a dividend hike yet again later this year.

Wells Fargo & Co. (NYSE: WFC) is a top bank and Buffett keeps buying more and more of this stock each and every quarter. The 3.2% common stock yield is rather impressive, and this remains at the top of the seven safest banks in America. This bank is challenging the highs from before the recession again, if you back out the dividend payments. At $39.30, its stock hit that multiyear high on May 15, and analysts have a consensus price target of $40.76.

Procter & Gamble Co. (NYSE: PG) has lifted its dividend and is yielding 3.1% after a dividend hike in April. Buffett has trimmed the stake here over time, but activist investors have been on management’s back and pressing it to run the company better. If P&G keeps up its efforts, it could be worth even more. The market cap of $221 billion already makes it one of the largest public companies out there. With shares at $80.68, the consensus analyst target price is $82.78.

J.P. Morgan Chase & Co. (NYSE: JPM) is a personal holding of Warren Buffett rather than Berkshire Hathaway. The bank pays a 3.1% dividend, despite not getting to be as aggressive on its capital plans. Jamie Dimon has been under fire here to split the CEO and chairman roles, but Buffett recently has praised Dimon as a great CEO who also deserves his chairman role. We would caution that one analyst showed that some $20 billion (10% of the share price) could come out of the stock if Dimon leaves the bank because there is a management replacement vacuum right now with no heir apparent. With shares at $51.09, the consensus analyst target is $56.21.

Johnson & Johnson (NYSE: JNJ) recently raised its dividend. The drug and consumer products giant has been a habitual dividend-raising machine, and its product quality controls appear to be over. The 3.1% payout is impressive when you consider that this stock just hit an all-time high on May 15. Note that the consensus analyst price target of $86.50 is actually less than the current price of $87.64.

United Parcel Service Inc. (NYSE: UPS) ranked as number eight with a dividend yield of 2.8%. This comes as the stock is challenging all-time highs, and the shipping giant has raised its dividend payment consistently. With shares at $88.60, analysts have a consensus price target of $93.09 on the stock.

GlaxoSmithKline PLC (NYSE: GSK) is the ADR of the group, and it was only included because it screens out as having such a high yield at 4.3%. That would have put it at the top of the list. As this is an ADR and subject to currency changes altering the payouts each time in dollars for ADR holders, we are only representing the Yahoo! screen for the nominal payout rather than adding color here.

Jon C. Ogg

*The full Buffett and Berkshire Hathaway portfolio can be seen here.

Aeropostale Inc. (NYSE: ARO) was raised to Outperform from Market Perform at BMO Capital Markets.

Ciena Corp. (NASDAQ: CIEN) was started as Overweight at Evercore Partners.

Cooper Companies Inc. (NYSE: COO) was raised to Outperform with a $122 target price at Raymond James.

Gap Inc. (NYSE: GPS) was raised to Buy from Neutral at Citigroup.

Halcon Resources Corp. (NYSE: HK) was raised to Buy from Hold at Stifel Nicolaus.

Halozyme Therapeutics Inc. (NASDAQ: HALO) was started as Overweight at Piper Jaffray.

Lowe’s Companies Inc. (NYSE: LOW) was reiterated as Buy but the target was raised to $48 from $44 at Argus.

Prudential Financial Inc. (NYSE: PRU) was raised to Buy from Hold with a $75 price target at Argus.

Read also: Analysts Pick Four Stocks to Double in Last Week

Regal Beloit Corp. (NYSE: RBC) was raised to Outperform from Neutral at Credit Suisse.

Royal Caribbean Cruises Ltd. (NYSE: RCL) was reiterated Buy and the target was raised to $44 from $40 at Argus.

Deutsche Bank gave its top biotech stocks to buy today.

Jefferies has its list of industrial stock picks of the month.

Read also: Today’s Top Analyst Downgrades and Cautious Research Calls

The analysts at Jefferies scoured their coverage universe for industrial stocks that fit those two categories. They continue to expect several specific end-markets to lead an acceleration in industrial activity in the second half of the year. After a generally lackluster first quarter, the degree of the improvement is difficult to project. So using several important industrial variables, they found that even with no improvement in the industrial economy, second half of the year sales should benefit from easier comparisons.

They believe machinery and auto/transports are relatively more attractive from a valuation perspective. The industrial stock picks of the month that fall in those two categories are:

Ingersoll-Rand PLC (NYSE: IR) also has been on the radar screen of CNBC’s Jim Cramer this week. The company engages in the design, manufacture, sale and service of a diverse portfolio of industrial and commercial products in the United States and internationally. The Thomson/First Call price objective for the stock is $58. Investors receive a 1.50% dividend.

PACCAR Inc. (NASDAQ: PCAR) hit a 52-week high less than two weeks ago. The company designs, manufactures and distributes light, medium and heavy-duty trucks and related aftermarket parts worldwide. The consensus price target for the stock is $50, which is below the current trading level. Shareholders are paid a 1.50% dividend.

AGCO Corp. (NYSE: AGCO) is another name the recently bounced down from a 52-week high. Valuations remain attractive for this agriculture equipment company even after a 30% return since May 2012. The consensus price target is $59. Investors receive a small 0.7% dividend.

Norfolk Southern Corp. (NYSE: NSC) is a major railroad that makes the Jefferies list of stocks to buy. Transporting raw materials around the country, the company operates approximately 20,000 miles of route in 22 states and the District of Columbia. Consensus price estimates for the stock are at $85. Shareholders are paid a 2.50% dividend.

Dana Holding Corp. (NYSE: DAN) recently received two grants totaling $3 million to develop technology to improve thermal management systems for battery systems in electric, plug-in hybrid-electric and hybrid-electric vehicles. The consensus for the stock is $19.50. Investors receive a 1.10% dividend.

Ryder System Inc. (NYSE: R) is the last stock of the month to buy at Jefferies. Ryder System is more than just a truck rental company these days. It also provides innovative outsourced transportation, logistics and supply chain solutions globally. The consensus price target is $69. Investors receive a 2.00% dividend.

Investors interested in the Jefferies stocks need to remember the main thesis. These are stocks expected to benefit more than others in the second half of 2013. So while they may be the stock picks of the month, there may not be any rush to buy them today.

AllScripts Healthcare Solutions Inc. (NASDAQ: MDRX) was raised to Buy from Neutral at Citigroup.

Copa Holdings S.A. (NYSE: CPA) was raised to Buy from Hold at Deutsche Bank.

Dean Foods Co. (NYSE: DF) was raised to Buy from Neutral at Janney.

Emulex Corp. (NYSE: ELX) was raised to Neutral from Sell at Goldman Sachs.

Fusion-io Inc. (NYSE: FIO) was raised to Buy from Neutral by UBS.

Kroger Co. (NYSE: KR) was maintained Outperform and the target price was raised to $38 from $33 by Credit Suisse.

Merrill Lynch issued its top list of high dividend large cap pharma stocks to buy.

Nationstar Mortgage Holdings Inc. (NYSE: NSM) was named Bull of the Day with solid growth potential and appropriate for all portfolios by Zacks Investment Research.

Read also: Analysts Pick Four Stocks to Double in Last Week

UBS has issued its list of semiconductor stocks to buy.

WellPoint Inc. (NYSE: WLP) was raised to Buy from Hold at Jefferies.

Yahoo! Inc. (NASDAQ: YHOO) was maintained on the Conviction Buy List and the price target was raised to $30 from $27 by Goldman Sachs.

Read also: Today’s Top Analyst Downgrades and Cautious Research Calls

Blackhawk Network Holdings Inc. (NASDAQ: HAWK) saw its quiet period come to an end and brokerage firms from the underwriting syndicate have initiated coverage: started as Buy at Deutsche Bank started as Buy at Goldman Sachs started as Outperform at Wells Fargo, started as Overweight at Piper Jaffray, started as Outperform at Raymond James and started as Neutral at Citigroup and at Bank of America/Merrill Lynch.

Oppenheimer strategist raised the firm’s 2013 year-end price S&P 500 targets on Monday to 1,730 for the index and $109.00 for the total earnings per share estimate.

American International Group Inc. (NYSE: AIG) was raised to Overweight from Equal Weight at Barclays.

Apollo Global Management LLC (NYSE: APO) was raised to Outperform from Market Perform at Keefe Bruyette Woods.

Cisco Systems Inc. (NASDAQ: CSCO) was raised to Market Perform from Underperform at FBR Capital Markets.

Corning Inc. (NYSE: GLW) was raised to Overweight from Equal Weight at Barclays.

Express Scripts Inc. (NASDAQ: ESRX) was raised to Buy from Hold at Jefferies.

Franklin Resources Inc. (NYSE: BEN) was raised to Buy from Neutral at UBS.

Hartford Financial Group Inc. (NYSE: HIG) was raised to Overweight from Equal Weight at Barclays.

Read also: 4 Stocks That Analysts Expect to Double

Sequenom Inc. (NASDAQ: SQNM) was raised to Neutral from Underperform at Credit Suisse.

T-Mobile USA Inc. (NYSE: TMUS) was raised to Buy from Neutral at UBS.

W.W. Grainger Inc. (NYSE: GWW) was raised to Outperform from Market Perform at Raymond James.

XL Group PLC (NYSE: XL) was named as Bull of the Day at Zacks Investment Research.

Read also: Today’s Top Analyst Downgrades and Cautious Research Calls

Fairway Group Holdings Corp. (NASDAQ: FWM) saw its quiet period come to an end and was given mostly positive research calls: started as Outperform at Credit Suisse, started as Buy at BB&T, started as Buy at Jefferies and started as Outperform at Oppenheimer.

Oppenheimer strategist raises the firm’s year-end 2013 S&P 500 price and earnings targets to 1,730 for the index and $109.00 for the total earnings per share estimate.

Allergan Inc. (NYSE: AGN) was initiated as Outperform at BMO Capital Markets.

American Water Works Co. Inc. (NYSE: AWK) was raised to Buy from Neutral at Citigroup.

Arkansas Best Corp. (NASDAQ: ABFS) was raised to Buy from Neutral at Citigroup.

Boeing Co. (NYSE: BA) was raised to Hold from Sell at Soc-Gen.

Boston Scientific Corp. (NYSE: BSX) was raised to Outperform from Market Perform at Wells Fargo.

Edison International Inc. (NYSE: EIX) was raised to Buy from Neutral at Citigroup.

Nuance Communications Inc. (NASDAQ: NUAN) started as Outperform at Wedbush.

Proto Labs Inc. (NYSE: PRLB) was started as Buy at Janney.

Read also: Four Stocks Expected to Double

3D Systems Corp. (NYSE: DDD) was initiated as Buy at Janney after the firm sold 7.5 million shares at $40.00 per share in a poorly priced offering.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was initiated as Outperform at BMO Capital Markets.

Workday Inc. (NYSE: WDAY) was started as Outperform at Oppenheimer.

Zillow Inc. (NASDAQ: Z) was named Bull of the Day on strong mobile traffic according to Zacks Investment Research.

This week we released 13 analyst calls with upside of 40% to 100%.

Deutsche Bank has its list of semiconductor stocks to buy now. Jefferies gave its picks after the Tech, Media, and Telecom (TMT) conference came to an end this week.

Read also: Today’s Top Analyst Downgrades and Cautious Research Calls

A case in point comes from the share value increases in International Business Machines Corp. (NYSE: IBM) and Hewlett-Packard Co. (NYSE: HPQ). HP shares are higher by 50% this year, compared with 5% for IBM.

The argument most frequently offered for the difference is that IBM was already fully valued and that the shares of HP have been overly battered by bad news. The fallacy of that argument is that the trouble at HP has not gotten better in 2013. If anything, the company is in more trouble. Evidence of this is the increased turmoil over its buyout of Autonomy, the confusion of its board structure and its lack of a way to reverse its fortunes from the death of the PC. One the other hand, growth has slowed at IBM, but its profits and the stability of its operations are remarkable. If a bubble has formed in tech stock prices, HP should be considered as strong evidence.

The case in retail shares is just as compelling, if not more so. Thus far, there is little reason to think that electronics retailer Best Buy Co. Inc. (NYSE: BBY) can be turned around. Same-store sales have stayed in trouble. On the other hand, the company that ruined Best Buy — e-commerce juggernaut Amazon.com Inc. (NASDAQ: AMZN) — posted revenue growth of 22% to $16.1 billion in its most recently reported quarter. It continues to add new products, the most recently rumored a 3D consumer electronics portable. And some analysts believe that Amazon’s enterprise cloud system eventually will be larger than its e-commerce system as measured by sales. But this year Best Buy’s shares are up 120% while Amazon’s are flat. Once again, an argument for the difference is that Best Buy might be turned around and that Amazon has low margins as its spends to expand several of its business. But Best Buy could turn out to be an outright failure, while Amazon is the most admired retail company in the world.

If it takes three examples to make a case, the value of the shares of Zynga Inc. (NASDAQ: ZNGA) and Facebook Inc. (NASDAQ: FB) round out the argument. Zynga’s shares have risen almost 40% this year and Facebook’s are flat. Facebook powerfully made the case that it can continue to grow rapidly and that much of that growth is in mobile. Just last year, the markets were worried that mobile revenue was Facebook’s Achilles heel. In the first quarter, Facebook’s revenue rose almost 40% to $1.5 billion. The social network reported that “mobile advertising revenue represented approximately 30% of advertising revenue for the first quarter of 2013.” Zynga’s revenue fell 30% in its first quarter to $264 million. And its most crucial measure of health fell apart:

Daily active users (DAUs) decreased from 65 million in the first quarter of 2012 to 52 million in the first quarter of 2013, down 21% year-over-year. On a consecutive quarter basis, DAUs were down 8% from 56 million in the fourth quarter of 2012.

Those who believe that Zynga’s share price increase is justified fail to take into account that the company has lost almost all of its promise. Even on a relative basis, the stock trades based on the viability of Zynga, or the odds it might be taken over, both of which are in doubt.

The bull market may press shares of weak companies up more than those of strong ones. The problem is that the weak companies may not have any future at all.