Morgan Stanley analysts are shifting their focus from one commodity metal to another and have made adjustments to their ratings and price targets to reflect the changes.
Wednesday's top analyst upgrades and downgrades included Alcoa, Apple, Cloudflare, Continental Resources, Freeport-McMoRan, GameStop, Infosys and Zscaler.
Metals and mining companies posted strong gains over the past 12 months and the surge may continue if Congress and the president can get a massive infrastructure bill enacted.
Wednesday's top analyst upgrades and downgrades included Amazon.com, Charter Communications, Hershey, McDonald's, Plug Power, Seagate Technology, Starbucks and Virgin Galactic.
Wednesday's top analyst upgrades and downgrades included Adobe, Fastly, Fisker, Rocket Companies, Roku, Shopify and Target.
Materials and metals stocks had a good year in 2020 and are getting off to a good start in 2021 on investor optimism for a large and rapidly enacted infrastructure program from…
Metal and mining stocks were hit hard earlier this year by the COVID-19 pandemic. Share prices have mostly recovered and in many cases, these stocks appear to be overpriced.
Tuesday's top analyst upgrades and downgrades included Advanced Micro Devices, Alcoa, Apple, Broadwind, Cogent Communications, Intel, Micron Technology, Netflix, Nvidia, Qualcomm, Square and Zscaler.
Tuesday's top analyst calls included Advanced Micro Devices, Alcoa, Biomarin Pharmaceutical, Coca-Cola, Ford, General Motors, Intel, Kinder Morgan, Micron Technology, Nvidia, Tesla, Twitter and Zillow.
With Alcoa being a leader in aluminum, the problem here is that many investors see problems in aluminum also translating into problems for companies involved in steel, copper, titanium and other industrial…
Tuesday's top analyst upgrades, downgrades and initiations included Alcoa, Bed Bath & Beyond, Boeing, CenturyLink, DuPont, FedEx, Groupon, Johnson & Johnson, Micron Technology, Microsoft and WPX Energy.
Wednesday's top analyst upgrades, downgrades and initiations included AK Steel, CenterPoint Energy, Marvell Technology, Nike, Salesforce, Tesla, Tyson Foods, UnitedHealth and Zscaler.
Monday's top analyst upgrades, downgrades and initiations included Alcoa, Amgen, Apache, Chewy, Clorox, Concho Resources, Edwards Lifesciences, Occidental Petroleum and Walt Disney.
The rotation from high growth-stocks to value stocks has been a key theme of September, which means that shares of companies that had lagged the broader bull market were starting to shine.
The top analyst upgrades, downgrades and initiations for Wednesday included Alcoa, Apple, Ciena, Cisco Systems, Dave & Buster's, GameStop, Hilton Worldwide, Newmont Goldcorp, RH, Square and Zscaler.
