Most Upgraded and Downgraded Stocks Since 2002

Here at Bespoke, we track every upgrade and downgrade that comes across the wire, and over at Bespoke Premium, we put out a morning Upgrades/Downgrades report for investors that like to track the daily recommendation changes before the market opens.

Since 2002, there have been about 32,000 downgrades and 29,000 upgrades. Below we provide a table of the stocks that have been upgraded and downgraded the most since 2002. When it comes to analyst recommendations, Technology is definitely where it's at. As shown, nearly all stocks on the two lists are from the Technology sector, and most names on the "most upgraded" list are also on the "most downgraded" list. AMD (AMD), Motorola (MOT), and Symantec (SYMC) have been upgraded the most since 2002, followed by Intel (INTC), Abercrombie & Fitch (ANF), Cisco (CSCO), Juniper (JNPR), and Yahoo (YHOO). Abercrombie & Fitch has been downgraded the most at 60.

Comments

[Nettligent]

Pump and Dump are new ways of making money. Like Rating companies, "Analysts" are crooks.

2009 Dec 04 05:59 PM

[bluesmoke]

If that isn't a dog & pony show, I don't know what is.

2009 Dec 04 06:23 PM

[Windsun33]

Uhm.. hardly new. In fact it was highly prevalent in the 1920's. Which might mean something, or not..


On Dec 04 05:59 PM Nettligent wrote:

> Pump and Dump are new ways of making money. Like Rating companies,
> "Analysts" are crooks.

2009 Dec 04 10:23 PM

[Egg]

I'll never understand why people continue to listen to analysts. Most of the upgrades and downgrades (absent real news) are just to generate volume and trades. They are not the true sentiments of the brokerage.

At least not the free advice given out to the public.

Always remember. Sell on upgrades. Buy on downgrades.

2009 Dec 05 06:19 PM

[slam stocks]

Thank You for a brillant article!

I've always wondered about certain names constantly being upgraded/downgraded shortly thereafter from so called independent analysts. The pump and dump attitudes should be monitored and punished severely for their false and misleading reports. I'm very lucky and avoid all the above stocks due to their extreme volatility. Some of my recent purchases were surprisingly downgraded just a few months ago: MCD, LMT, MT and DE, but due to recent rallies seem to be given significant upgrades?

I agree with the overall comments about downgrades as the time to buy and sell on the upgrades. I'm looking to sell with the recent rallies. Unfortunately, it's more difficult as most analysts universally upgraded practically the entire market. I appreciate your very insightful article and to keep up the good work!

2009 Dec 05 10:25 PM