View this image "
Lucas Jackson / Reuters
The number of Fortune 100 companies that experienced net downgrades from analysts nearly doubled those that received net upgrades over the last 90 days. That's according to data from StarMine compiled by Thompson One Analytics showing that while there were 21 companies receiving net upgrades from analysts in the last 90 days, there were 39 companies whose stock analysts felt would lose value in the months to come due to various market factors. So just what might those factors be? Firstly, momentum often leads analysts to believe a peak has been reached and a stock will likely turn the corner downward in the months ahead. The stock price history isn't the only cause for a downgrade; analysts also take into account sectorand company-specific data and trends that could affect the direction a stock will take. As for the recently downgraded list, industries represented are as varied as technology, finance, entertainment, and construction (full list below). In a few cases, the downgrades come as little surprise. Construction giant Caterpillar's downgrade comes on the heels of comments from that hedge fund titan Jim Chanos made at CNBC's Delivering Alpha Conference last month that he was shorting the stock, citing a lack of financial flexibility. And in the case of powerhouse stock Amazon, the company experienced a rise in share price in the face of a recent earnings miss, which may have given analysts a cause for concern, though CEO Jeff Bezos doesn't really seem to care all that much. Disney's stock experienced something similar after the company's release of The Lone Ranger flopped tremendously on its opening weekend. Though shares were trading up by about 1% the Monday morning following the weekend, it's been mostly downhill ever since.
1/4
Net Upgrades of the Last 90 Days
View this image "
Spencer Platt / Getty Images
AAPL Apple Inc ADM Archer Daniels Midland Co ALL Allstate Corporation BG Bunge Limited BHI Baker Hughes Incorporated CMCSA Comcast Corp CSCO Cisco Sys Inc DAL Delta Air Lines Inc FOX AU Twenty-First Century Fox Inc HES Hess Corp HPQ Hewlett Packard Co IM Ingram Micro JCI Johnson Ctls Inc LMT Lockheed Martin Corporation LYB Lyondellbasell Industries Nv PSX Phillips 66 SLB Schlumberger Ltd T AT&T Inc TSN Tyson Foods Inc UAL United Continental Holdings Inc WMT Wal-Mart Stores Inc
Net Downgrades
2/4
View this image "
Bloomberg / Getty Images
ABC AmerisourceBergen Corp ACN Accenture Plc AET Aetna Incorporated AMZN Amazon.Com Inc. AXP American Express Company BAC Bank Of America Corp CAT Caterpillar Incorporated CI CIGNA Corporation CVX Chevron Corp DD EI Du Pont De Nemours & Co DE Deere & Company DIS Walt Disney Company FDX FedEx Corp FOXA Twenty-First Century Fox Inc GOOG Google Inc HON Honeywell International HUM Humana Inc IBM International Business Machines INT World Fuel Services Corporation INTC Intel Corporation JNJ Johnson & Johnson KR Kroger Co/The MCK McKesson Corp MMM 3M Co MPC Marathon Petroleum Corp MSFT Microsoft Corp ORCL Oracle Corporation PAA Plains All American Pipeline Lp PFE Pfizer Inc PRU Prudential Financial Inc SWY Safeway Inc
3/4
TGT Target Corporation UNH UnitedHealth Group Inc UPS United Parcel Service-Cl B UTX United Technologies Cp VLO Valero Energy Corporation WAG Walgreen Co WFC Wells Fargo & Co WLP Wellpoint Inc
Read more: http://buzzfeed.com/mariahsummers/there-sure-were-a-lot-of-stock-downgradeslast-quarter There Sure Were A Lot Of Stock Downgrades Last Quarter
4/4 Powered by TCPDF (www.tcpdf.org)