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Schaeffer's Investment Research Announces Posture Changes for Select Stocks

Strategic Insights

— 2 min read

Schaeffer's Investment Research has upgraded and downgraded various stocks through its Scorecard ranking system, affecting Home Depot (HD), IBM (IBM), Eli Lilly (LLY), Metlife (MET), and Valero Energy (VLO). According to Schaeffer's analysis, the changes in posture reflect shifting market sentiments and investor expectations. These upgrades and downgrades are based on Schaeffer's Scorecard ranking system, which considers multiple factors, including the average analyst rating, institutional ownership, recent insider activity, and short-interest ratios.

Key Takeaways:

  • Home Depot (HD) was downgraded from HOLD to SELL, reflecting a bearish sentiment with an average analyst rating of SELL, Institutional ownership of NEUTRAL, and recent insider activity being BEARISH.
  • IBM (IBM) was downgraded from SELL to HOLD, indicating a bearish sentiment despite an average analyst rating of SELL, institutional ownership of NEUTRAL, and recent insider activity being BEARISH.
  • Eli Lilly (LLY) was upgraded from SELL to HOLD, showing a neutral sentiment with an average analyst rating of HOLD, institutional ownership of NEUTRAL, and recent insider activity being BEARISH.
  • Metlife (MET) was downgraded from BUY to HOLD, indicating a bearish sentiment with an average analyst rating of HOLD, institutional ownership of NEUTRAL, and recent insider activity being BULLISH.
  • Valero Energy (VLO) was upgraded from SELL to HOLD, reflecting a neutral sentiment with an average analyst rating of SELL, institutional ownership of NEUTRAL, and recent insider activity being BEARISH.

Statistics:

  • Home Depot (HD) closed at 36.75, BELOW its 50-day short-term moving average of 39.57 and BELOW its 200-day long-term moving average of 40.55.
  • IBM (IBM) closed at 77.71, BELOW its 50-day short-term moving average of 81.28 and BELOW its 200-day long-term moving average of 82.21.
  • Eli Lilly (LLY) closed at 53.17, ABOVE its 50-day short-term moving average of 52.31 and BELOW its 200-day long-term moving average of 54.09.
  • Metlife (MET) closed at 49.75, BELOW its 50-day short-term moving average of 51.06 and BELOW its 200-day long-term moving average of 50.04.
  • Valero Energy (VLO) closed at 57.40, BELOW its 50-day short-term moving average of 62.52 and ABOVE its 200-day long-term moving average of 56.37.
  • The short-interest ratio for HD is 2.66, IBM is 1.44, LLY is 2.59, MET is 1.91, and VLO is 0.86.
  • Schaeffer's put/call open interest ratio for HD is 0.69, IBM is 0.18, LLY is 0.42, MET is 0.86, and VLO is 0.50.

Sources:

  • Schaeffer's Research Website
  • Schaeffer's Equity Scorecard
  • Forbes
  • Barron's
  • Schaeffer's Option Advisor

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