Tag Archives: stock downgrades

Walmart (WMT:NYS) and Morgan Stanley (MS:NYS) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
WMT Walmart Inc 3 0 6 1 0 0 3.5000 3.6000 Hold
MS Morgan Stanley 6 0 3 0 0 0 4.3333 4.4000 Outperform
GE General Electric Co 4 0 4 0 0 0 4.0000 4.1429 Outperform
CLS Celestica Inc 3 1 7 0 0 0 3.6364 3.7000 Outperform
ECC Eagle Point Credit Co Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
APRN Blue Apron Holdings Inc 1 0 4 0 0 0 3.4000 3.8000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PAAS Pan American Silver Corp 5 0 3 0 0 0 4.2500 4.3750 Outperform
BYD.UN Boyd Group Income Fund 4 6 2 0 0 0 4.1667 4.3333 Outperform
CLS Celestica Inc 3 1 7 0 0 0 3.6364 3.7000 Outperform
CXR Concordia International Corp 0 0 1 0 0 0 3.0000 4.0000 Hold
CJT.A Cargojet Inc 4 2 1 0 0 0 4.4286 4.5000 Outperform
CJT Cargojet Inc 4 2 1 0 0 0 4.4286 4.5000 Outperform
UNS Uni-Select Inc 0 3 3 0 0 0 3.5000 3.8333 Hold
CMG Computer Modelling Group Ltd 1 1 3 0 3 0 2.6250 2.8750 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ASML ASML Holding NV 3 0 3 0 0 0 4.0000 4.1429 Outperform
NTES NetEase Inc 3 1 0 0 0 0 4.7500 4.8000 Buy
PAAS Pan American Silver Corp 5 0 3 0 0 0 4.2500 4.3750 Outperform
FVE Five Star Senior Living Inc 0 0 1 0 0 0 3.0000 5.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

WMT:NYS Walmart

http://www.walmart.com
Walmart has 2300000 employees and is headquartered in United States.
Walmart Inc operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam’s Club in three categories retail, wholesale and others.

MS:NYS Morgan Stanley

http://www.morganstanley.com
Morgan Stanley has 59835 employees and is headquartered in United States.
Morgan Stanley is a global investment bank. The company has institutional securities, wealth-management, and asset-management segments.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

BlackRock (BLK:NYS) and Inter Pipeline (IPL:TSE) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BLK BlackRock Inc 5 1 0 0 0 0 4.8333 4.8571 Buy
ATHM Autohome Inc 2 0 0 0 1 0 3.6667 4.3333 Outperform
SHI Sinopec Shanghai Petrochemical Co Ltd 0 0 0 0 1 0 1.0000 3.0000 Sell
APU AmeriGas Partners LP 0 0 1 0 1 0 2.0000 2.5000 Underperform
OI Owens-Illinois Inc 2 0 3 0 0 0 3.8000 4.0000 Outperform
UBP Urstadt Biddle Properties Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
UBA Urstadt Biddle Properties Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
PIR Pier 1 Imports Inc 0 0 0 0 3 0 1.0000 1.6667 Sell
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
IPL Inter Pipeline Ltd 4 4 5 0 1 0 3.7143 3.7692 Outperform
NSU Nevsun Resources Ltd 0 0 4 0 4 0 2.0000 2.1429 Underperform
CNL Continental Gold Inc 1 3 2 0 0 0 3.8333 4.1667 Outperform
BTB.UN BTB Real Estate Investment Trust 0 0 3 0 0 0 3.0000 3.3333 Hold
TRL Trilogy International Partners Inc 0 1 2 0 0 0 3.3333 3.6667 Hold
SXP Supremex Inc 0 1 0 0 0 0 4.0000 5.0000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NSU Nevsun Resources Ltd 0 0 4 0 4 0 2.0000 2.1429 Underperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BIIB Biogen Inc 5 1 3 0 0 0 4.2222 4.3000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

BLK:NYS BlackRock

http://www.blackrock.com
BlackRock has 14900 employees and is headquartered in United States.
BlackRock Inc provides investment management services to institutional clients and to individual investors. Its products include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.

IPL:TSE Inter Pipeline

http://www.interpipeline.com
Inter Pipeline has 1190 employees and is headquartered in Canada.
Inter Pipeline Ltd is a petroleum transportation, storage and natural gas liquids extraction company based in Calgary, Alberta, Canada. It owns and operates a diversified combination of energy infrastructure assets in western Canada and Europe.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Infosys (INFY:NYS) and Keurig Dr Pepper (KDP:NYS) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
INFY Infosys Ltd 0 0 4 0 0 0 3.0000 3.4000 Hold
KDP Keurig Dr Pepper Inc 1 0 5 1 0 0 3.1429 3.4286 Hold
DAL Delta Air Lines Inc 4 1 1 0 0 0 4.5000 4.5714 Outperform
BCS Barclays PLC 2 1 2 0 0 0 4.0000 4.4000 Outperform
VTR Ventas Inc 0 1 4 0 1 0 2.8333 3.1667 Hold
MKC.V McCormick & Co Inc 0 0 3 0 2 0 2.2000 2.6000 Underperform
MKC McCormick & Co Inc 0 0 3 0 2 0 2.2000 2.6000 Underperform
O Realty Income Corp 1 0 2 0 0 0 3.6667 4.0000 Outperform
GIB CGI Group Inc 5 5 2 1 1 0 3.8571 3.9286 Outperform
FCX Freeport-McMoRan Inc 1 0 5 0 0 0 3.3333 3.4000 Hold
MTD Mettler-Toledo International Inc 0 0 4 0 1 0 2.6000 3.0000 Hold
TSU Tim Participacoes SA 1 0 2 0 0 0 3.6667 4.0000 Outperform
WHR Whirlpool Corp 0 0 3 0 0 0 3.0000 3.5000 Hold
KORS Michael Kors Holdings Ltd 5 0 3 0 1 0 3.8889 4.1111 Outperform
BRX Brixmor Property Group Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
STN Stantec Inc 3 3 5 0 0 0 3.8182 4.0909 Outperform
INST Instructure Inc 3 0 2 0 0 0 4.2000 4.5000 Outperform
AHT Ashford Hospitality Trust Inc 2 0 0 0 1 0 3.6667 5.0000 Outperform
SUP Superior Industries International Inc 1 0 1 0 0 0 4.0000 4.5000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GIB.A CGI Group Inc 5 5 2 1 1 0 3.8571 3.9286 Outperform
OTEX Open Text Corp 6 4 0 0 0 0 4.6000 4.6364 Buy
IPL Inter Pipeline Ltd 4 4 4 0 1 0 3.7692 3.8182 Outperform
TOU Tourmaline Oil Corp 5 6 1 0 0 0 4.3333 4.3636 Outperform
STN Stantec Inc 3 3 5 0 0 0 3.8182 4.0909 Outperform
DSG The Descartes Systems Group Inc 6 3 4 0 0 0 4.1538 4.2143 Outperform
NXE NexGen Energy Ltd 2 5 0 0 0 0 4.2857 4.3333 Outperform
SW Sierra Wireless Inc 3 2 6 0 1 0 3.5000 3.5455 Hold
TCW Trican Well Service Ltd 4 3 6 0 0 0 3.8462 4.0000 Outperform
TDG Trinidad Drilling Ltd 1 2 7 0 1 0 3.1818 3.3636 Hold
HLF High Liner Foods Inc 0 0 6 0 0 0 3.0000 3.3333 Hold
GXE Gear Energy Ltd 5 2 1 0 0 0 4.5000 4.6250 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NXE NexGen Energy Ltd 2 5 0 0 0 0 4.2857 4.3333 Outperform
ISR IsoRay Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CTRP Ctrip.com International Ltd 4 0 1 0 0 0 4.6000 5.0000 Buy
OTEX Open Text Corp 6 4 0 0 0 0 4.6000 4.6364 Buy
TRIP TripAdvisor Inc 0 0 6 0 1 0 2.7143 3.0000 Hold
BLUE bluebird bio Inc 2 0 4 0 0 0 3.6667 3.8571 Outperform
COMM CommScope Holding Co Inc 1 0 3 0 0 0 3.5000 4.0000 Hold
FNSR Finisar Corp 0 0 1 0 0 0 3.0000 5.0000 Hold
DSGX The Descartes Systems Group Inc 6 3 4 0 0 0 4.1538 4.2143 Outperform
GOV Government Properties Income Trust 0 0 1 0 1 0 2.0000 3.0000 Underperform
HIMX Himax Technologies Inc 1 0 1 0 2 0 2.5000 3.0000 Underperform
SWIR Sierra Wireless Inc 3 2 6 0 1 0 3.5000 3.5455 Hold
AKAO Achaogen Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
SYNC Synacor Inc 0 0 2 0 0 0 3.0000 4.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

INFY:NYS Infosys

http://www.infosys.com
Infosys has 204107 employees and is headquartered in India.
Infosys Ltd is engaged in consulting, technology, outsourcing and next-generation services. It offers software re-engineering, maintenance, systems integration, package evaluation and implementation and infrastructure management services.

KDP:NYS Keurig Dr Pepper

http://www.drpeppersnapplegroup.com
Keurig Dr Pepper has 21000 employees and is headquartered in United States.
Dr Pepper Snapple Group Inc manufactures and distributes nonalcoholic beverages in United States, Mexico and the Caribbean, and Canada under various brands such as Dr Pepper, Canada Dry, 7UP, Snapple, Schweppes, Crush, Sunkist, among others.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Vertex Pharmaceuticals (VRTX:NAS) and AES (AES:NYS) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AES The AES Corp 0 0 3 1 0 0 2.7500 3.0000 Hold
AGCO AGCO Corp 1 1 3 0 0 0 3.6000 3.7500 Outperform
LDL Lydall Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
NOA North American Construction Group Ltd 3 1 0 0 0 0 4.7500 5.0000 Buy
AAC AAC Holdings Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
IPL Inter Pipeline Ltd 3 3 3 0 1 0 3.7000 3.8571 Outperform
CAR.UN Canadian Apartment Properties Real Estate Investment Trust 1 2 9 0 0 0 3.3333 3.4167 Hold
KEY Keyera Corp 5 6 3 0 0 0 4.1429 4.2857 Outperform
SJ Stella-Jones Inc 4 5 1 0 0 0 4.3000 4.3333 Outperform
SOT.UN Slate Office REIT 1 1 4 0 0 0 3.5000 3.8333 Hold
NOA North American Construction Group Ltd 3 1 0 0 0 0 4.7500 5.0000 Buy
BLU BELLUS Health Inc 0 1 0 0 0 0 4.0000 4.5000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
VRTX Vertex Pharmaceuticals Inc 4 0 4 0 0 0 4.0000 4.2500 Outperform
SFM Sprouts Farmers Market Inc 4 0 3 0 0 0 4.1429 4.2857 Outperform
IRWD Ironwood Pharmaceuticals Inc 0 0 1 0 1 0 2.0000 3.0000 Underperform
GSKY GreenSky Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
EIGI Endurance International Group Holdings Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
AKRX Akorn Inc 0 0 3 0 0 0 3.0000 3.3333 Hold
FTR Frontier Communications Corp 0 0 2 0 1 0 2.3333 3.0000 Underperform
ONCS OncoSec Medical Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

VRTX:NAS Vertex Pharmaceuticals

http://www.vrtx.com
Vertex Pharmaceuticals has 2300 employees and is headquartered in United States.
Vertex Pharmaceuticals Inc is engaged in the business of discovering, developing, manufacturing and commercializing small molecule drugs for patients with serious diseases in specialty markets. Its products include SYMDEKO, ORKAMBI, and KALYDECO.

AES:NYS AES

http://www.aes.com
AES has 21000 employees and is headquartered in United States.
The AES Corp is a power generation and utility company. It is engaged in providing affordable, sustainable energy through its diverse portfolio of thermal and renewable generation facilities as well as distribution businesses.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Petrobras Brasileiro (PBR:NYS) and CVS Health (CVS:NYS) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PBR Petroleo Brasileiro SA Petrobras 0 0 3 0 0 0 3.0000 3.3333 Hold
PBR.A Petroleo Brasileiro SA Petrobras 0 0 3 0 0 0 3.0000 3.3333 Hold
CVS CVS Health Corp 4 1 0 0 0 0 4.8000 5.0000 Buy
SNE Sony Corp 2 0 1 0 0 0 4.3333 4.5000 Outperform
FMC FMC Corp 4 0 2 0 0 0 4.3333 4.4286 Outperform
TV Grupo Televisa SAB 1 1 1 0 0 0 4.0000 4.2500 Outperform
AU Anglogold Ashanti Ltd 0 0 2 0 0 0 3.0000 3.5000 Hold
VVV Valvoline Inc 0 1 2 0 0 0 3.3333 3.7500 Hold
LTHM Livent Corp 1 0 1 0 0 0 4.0000 4.3333 Outperform
SOGO Sogou Inc 1 0 1 0 1 0 3.0000 3.6667 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
IPL Inter Pipeline Ltd 3 2 1 0 1 0 3.8571 3.9000 Outperform
NXE NexGen Energy Ltd 2 4 0 0 0 0 4.3333 4.4000 Outperform
SOT.UN Slate Office REIT 2 1 3 0 0 0 3.8333 4.1667 Outperform
PXX BlackPearl Resources Inc 1 1 2 0 3 0 2.5714 3.0000 Hold
ALO Alio Gold Inc 2 0 5 0 1 0 3.2500 3.3750 Hold
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NXE NexGen Energy Ltd 2 4 0 0 0 0 4.3333 4.4000 Outperform
ALO Alio Gold Inc 2 0 5 0 1 0 3.2500 3.3750 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SPLK Splunk Inc 8 0 4 0 0 0 4.3333 4.5000 Outperform
VIAB Viacom Inc 2 1 7 0 1 0 3.2727 3.4545 Hold
VIA Viacom Inc 2 1 7 0 1 0 3.2727 3.4545 Hold
MMLP Martin Midstream Partners LP 0 0 1 0 0 0 3.0000 4.0000 Hold
FBIZ First Business Financial Services Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

PBR:NYS Petrobras Brasileiro

http://www.petrobras.com.br
Petrobras Brasileiro has 62703 employees and is headquartered in Brazil.
Petroleo Brasileiro SA Petrobras is an oil and gas company focused on the exploration and production in Brazilian fields. Its segments include Exploration & Production; Refining, Transportation and Marketing; Distribution, Gas and Power and Biofuel.

CVS:NYS CVS Health

http://www.cvshealth.com
CVS Health has 246000 employees and is headquartered in United States.
CVS Health Corp operates in the healthcare sector. Its primary business is that of operating retail pharmacies. The company has three reportable segments namely Pharmacy Services, Retail/LTC, and Corporate.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Qualcomm (QCOM:NAS) and UBS Group (UBS:NYS) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
UBS UBS Group AG 2 1 2 0 0 0 4.0000 4.2500 Outperform
EL The Estee Lauder Companies Inc 8 0 3 0 0 0 4.4545 4.5455 Outperform
BCS Barclays PLC 3 1 1 0 0 0 4.4000 4.7500 Outperform
RBS The Royal Bank of Scotland Group PLC 1 0 4 0 0 0 3.4000 3.5000 Hold
CMI Cummins Inc 4 0 3 0 1 0 3.7500 3.8750 Outperform
DB Deutsche Bank AG 0 1 1 0 2 0 2.2500 2.6667 Underperform
HLT Hilton Worldwide Holdings Inc 4 1 3 0 0 0 4.1250 4.3750 Outperform
MSI Motorola Solutions Inc 5 1 1 0 0 0 4.5714 4.8571 Buy
UMC United Microelectronics Corp 0 0 1 0 2 0 1.6667 2.3333 Underperform
ELLI Ellie Mae Inc 2 0 1 0 1 0 3.5000 4.0000 Hold
AQ Aquantia Corp 1 1 0 0 0 0 4.5000 5.0000 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ZZZ Sleep Country Canada Holdings Inc 1 4 4 0 0 0 3.6667 3.8889 Outperform
TVA.B TVA Group Inc 1 1 1 0 1 0 3.2500 3.7500 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BBI Blackbird Energy Inc 0 1 1 0 0 0 3.5000 3.6667 Hold
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NOG Northern Oil & Gas Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
QCOM Qualcomm Inc 4 0 6 0 0 0 3.8000 3.8889 Outperform
EBAY eBay Inc 7 1 3 0 0 0 4.3636 4.5455 Outperform
HUBG Hub Group Inc 2 0 1 1 0 0 3.7500 4.0000 Outperform
QNST QuinStreet Inc 1 0 0 0 1 0 3.0000 3.6667 Hold
CIVB Civista Bancshares Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
ADVM Adverum Biotechnologies Inc 0 0 1 0 0 0 3.0000 5.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

QCOM:NAS Qualcomm

http://www.qualcomm.com
Qualcomm has 33800 employees and is headquartered in United States.
Qualcomm Inc develops and licenses wireless technology. It also engages in designing chips for mobile phones. The company is also the world’s largest wireless chip vendor, supplying many premier handset makers with leading-edge processors.

UBS:NYS UBS Group

http://www.ubs.com
UBS Group has 61253 employees and is headquartered in Switzerland.
UBS Group AG operates as a financial services provider and a bank in Switzerland. It provides wealth management, investment banking, asset management services and personal & corporate banking.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Bank Bradesco (BBD:NYS) and Illumina (ILMN:NAS) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BBD Bank Bradesco SA 2 0 0 0 1 0 3.6667 4.0000 Outperform
BBDO Bank Bradesco SA 2 0 0 0 1 0 3.6667 4.0000 Outperform
CS Credit Suisse Group AG 2 0 1 0 0 0 4.3333 5.0000 Outperform
SPOT Spotify Technology SA 6 0 4 0 0 0 4.2000 4.2222 Outperform
MT ArcelorMittal SA 4 0 0 1 0 0 4.4000 4.6000 Outperform
BLL Ball Corp 3 0 0 1 0 0 4.2500 4.5000 Outperform
MHK Mohawk Industries Inc 4 1 3 0 0 0 4.1250 4.3750 Outperform
CX Cemex SAB de CV 1 1 1 0 1 0 3.2500 3.6000 Hold
ECA Encana Corp 9 6 4 0 1 0 4.1000 4.4000 Outperform
SCG SCANA Corp 0 1 1 0 0 0 3.5000 4.0000 Hold
GWR Genesee & Wyoming Inc 1 0 2 0 1 0 3.0000 4.0000 Hold
NFX Newfield Exploration Co 4 0 2 0 0 0 4.3333 4.6667 Outperform
IBP Installed Building Products Inc 2 0 3 0 0 0 3.8000 4.2000 Outperform
MAXR Maxar Technologies Ltd 3 6 4 0 0 0 3.9231 4.0000 Outperform
IRT Independence Realty Trust Inc 1 0 2 0 0 0 3.6667 4.3333 Outperform
IO ION Geophysical Corp 0 0 1 0 0 0 3.0000 5.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SAP Saputo Inc 0 3 5 0 0 0 3.3750 3.6250 Hold
ECA Encana Corp 9 6 4 0 1 0 4.1000 4.4000 Outperform
CHP.UN Choice Properties Real Estate Investment Trust 1 0 7 0 0 0 3.2500 3.2857 Hold
AX.UN Artis Real Estate Investment Trust 1 1 7 0 0 0 3.3333 3.4444 Hold
MAXR Maxar Technologies Ltd 3 6 4 0 0 0 3.9231 4.0000 Outperform
ZZZ Sleep Country Canada Holdings Inc 2 4 3 0 0 0 3.8889 4.2222 Outperform
DML Denison Mines Corp 1 2 3 0 0 0 3.6667 3.8571 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BBI Blackbird Energy Inc 0 2 1 0 0 0 3.6667 4.0000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
DNN Denison Mines Corp 1 2 3 0 0 0 3.6667 3.8571 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ILMN Illumina Inc 5 1 1 1 0 0 4.2500 4.3750 Outperform
OLED Universal Display Corp 3 0 2 0 0 0 4.2000 5.0000 Outperform
WTW Weight Watchers International Inc 2 0 2 0 0 0 4.0000 4.3333 Outperform
MDRX Allscripts Healthcare Solutions Inc 4 0 3 0 0 0 4.1429 4.4286 Outperform
CARB Carbonite Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
EGRX Eagle Pharmaceuticals Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
ACLS Axcelis Technologies Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
SGYP Synergy Pharmaceuticals Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

BBD:NYS Bank Bradesco

http://www.bradesco.com.br
Bank Bradesco has 97683 employees and is headquartered in Brazil.
Bank Bradesco SA is one of the largest banks in Brazil. The bank provides services through a network of more than 4,700 locations offering insurance and banking facilities like deposits and loans to individuals and business corporations.

ILMN:NAS Illumina

http://www.illumina.com
Illumina has 6200 employees and is headquartered in United States.
Illumina Inc engages in life science tools and machines for analyzing genetic material. The company primarily engages in microarray and genome sequencing machines and disposables. It also provides sequencing services through its products.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Eli Lilly (LLY:NYS) and Agnico Eagle Mines (AEM:TSE) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
LLY Eli Lilly and Co 3 0 3 0 0 0 4.0000 4.2000 Outperform
AEM Agnico Eagle Mines Ltd 7 6 2 0 0 0 4.3333 4.4000 Outperform
ECA Encana Corp 12 5 2 1 0 0 4.4000 4.4286 Outperform
ALV Autoliv Inc 0 0 4 0 1 0 2.6000 3.0000 Hold
BDC Belden Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
MAXR Maxar Technologies Ltd 4 5 4 0 0 0 4.0000 4.3077 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AEM Agnico Eagle Mines Ltd 7 6 2 0 0 0 4.3333 4.4000 Outperform
ECA Encana Corp 12 5 2 1 0 0 4.4000 4.4286 Outperform
MAXR Maxar Technologies Ltd 4 5 4 0 0 0 4.0000 4.3077 Outperform
CWX CanWel Building Materials Group Ltd 3 4 1 0 0 0 4.2500 4.2857 Outperform
TRZ Transat A.T. Inc 0 3 4 0 1 0 3.1250 3.3750 Hold
TOS TSO3 Inc 1 0 4 0 0 0 3.4000 3.5000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AEGN Aegion Corp 0 0 2 0 0 0 3.0000 4.0000 Hold
TA TravelCenters of America LLC 0 0 1 0 0 0 3.0000 5.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

LLY:NYS Eli Lilly

http://www.lilly.com
Eli Lilly has 40655 employees and is headquartered in United States.
Eli Lilly and Co is a pharmaceutical company with a focus on neuroscience, endocrinology, oncology, and immunology. It discovers, develops, manufactures, and sells human pharmaceutical products and animal health products.

AEM:TSE Agnico Eagle Mines

http://www.agnicoeagle.com
Agnico Eagle Mines has 6156 employees and is headquartered in Canada.
Agnico Eagle Mines Ltd is a Canadian gold mining company. Its mining properties are located in Canada, Finland and Mexico as well as in United States and Sweden.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Conagra Brands (CAG:NYS) and Aegon (AEG:NYS) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CAG Conagra Brands Inc 3 0 3 0 0 0 4.0000 4.2000 Outperform
AEG Aegon NV 0 1 5 0 2 0 2.6250 2.8750 Hold
XYL Xylem Inc 7 0 2 0 0 0 4.5556 4.7500 Buy
FII Federated Investors Inc 0 0 5 0 0 0 3.0000 3.2000 Hold
COT Cott Corp 5 1 3 0 0 0 4.2222 4.3000 Outperform
DDD 3D Systems Corp 0 0 3 1 0 0 2.7500 3.2500 Hold
WFT Weatherford International PLC 6 0 2 0 1 0 4.1111 4.3333 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PXT Parex Resources Inc 4 4 0 0 0 0 4.5000 4.5714 Outperform
BCB Cott Corp 5 1 3 0 0 0 4.2222 4.3000 Outperform
AUP Aurinia Pharmaceuticals Inc 3 3 0 0 0 0 4.5000 4.6000 Outperform
DR Medical Facilities Corp 2 1 3 0 0 0 3.8333 4.0000 Outperform
DHX DHX Media Ltd 0 1 7 0 1 0 2.8889 2.9000 Hold
GUY Guyana Goldfields Inc 0 2 4 0 0 0 3.3333 3.5000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
EMC Emblem Corp 1 2 0 0 0 0 4.3333 4.5000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
OMAB Grupo Aeroportuario del Centro Norte SAB de CV 0 0 2 0 0 0 3.0000 4.0000 Hold
AUPH Aurinia Pharmaceuticals Inc 3 3 0 0 0 0 4.5000 4.6000 Outperform
DHXM DHX Media Ltd 0 1 7 0 1 0 2.8889 2.9000 Hold
HRZN Horizon Technology Finance Corp 0 0 1 0 1 0 2.0000 3.0000 Underperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CAG:NYS Conagra Brands

http://www.conagrabrands.com
Conagra Brands has 12400 employees and is headquartered in United States.
Conagra Brands Inc is in the business of trading and merchandising packaged food in a variety of categories and in various retail channels across frozen, refrigerated, and shelf-stable temperature classes in North America.

AEG:NYS Aegon

http://www.aegon.com
Aegon has 26000 employees and is headquartered in Netherlands.
Aegon NV is engaged in providing life insurance, pensions and asset management products and services in the USA, Europe, and Asia. It offers life and protection, and accidental death products as well as individual savings and retirement products.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.

Alibaba Group Holding (BABA:NYS) and Royal Bank of Canada (RY:TSE) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BABA Alibaba Group Holding Ltd 6 1 0 0 0 0 4.8571 4.8750 Buy
RY Royal Bank of Canada 2 3 5 0 0 0 3.7000 3.7273 Outperform
ACN Accenture PLC 6 0 3 1 0 0 4.1000 4.1818 Outperform
LFC China Life Insurance Co Ltd 0 1 1 0 1 0 2.6667 3.3333 Hold
BNS Bank of Nova Scotia 3 2 4 0 0 0 3.8889 3.9000 Outperform
RHT Red Hat Inc 4 0 4 0 0 0 4.0000 4.2500 Outperform
TSS Total System Services Inc 3 0 4 0 0 0 3.8571 4.0000 Outperform
NOV National Oilwell Varco Inc 2 0 6 0 1 0 3.2222 3.5000 Hold
MHK Mohawk Industries Inc 5 1 2 0 0 0 4.3750 4.5000 Outperform
ENLK EnLink Midstream Partners LP 1 0 2 0 0 0 3.6667 4.3333 Outperform
COR CoreSite Realty Corp 0 1 2 0 0 0 3.3333 3.6667 Hold
VIPS Vipshop Holdings Ltd 1 0 2 0 0 0 3.6667 4.0000 Outperform
POL PolyOne Corp 3 0 3 0 0 0 4.0000 4.1667 Outperform
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
RY Royal Bank of Canada 2 3 5 0 0 0 3.7000 3.7273 Outperform
BNS Bank of Nova Scotia 3 2 4 0 0 0 3.8889 3.9000 Outperform
PKI Parkland Fuel Corp 4 2 1 0 0 0 4.4286 4.5000 Outperform
IIP.UN InterRent Real Estate Investment Trust 4 7 2 0 0 0 4.1538 4.2308 Outperform
SIA Sienna Senior Living Inc 4 0 5 0 0 0 3.8889 4.0000 Outperform
TV Trevali Mining Corp 5 6 0 0 0 0 4.4545 4.5455 Outperform
RME Rocky Mountain Dealerships Inc 1 2 3 0 0 0 3.6667 3.8000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ZION Zions Bancorp NA 4 0 4 0 0 0 4.0000 4.1250 Outperform
NANO Nanometrics Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
SNDX Syndax Pharmaceuticals Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

BABA:NYS Alibaba Group Holding

http://www.alibabagroup.com
Alibaba Group Holding has 86833 employees and is headquartered in Hong Kong.
Alibaba Group Holding Ltd is an online and mobile commerce company. It operates China’s most popular online marketplaces such as Taobao (C2C), Tmall (B2C), and Juhuasuan. It also engages in advertising, digital media, cloud computing, and other.

RY:TSE Royal Bank of Canada

http://www.rbc.com
Royal Bank of Canada has 82236 employees and is headquartered in Canada.
Royal Bank of Canada is one of the largest Canadian banks. It provides diversified financial services, personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services worldwide.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.