Consumer Discretionary and Real Estate sectors lead with multiple strong buy ratings this week. Automaker STLA (market cap ~$33-34B) and restaurant giant QSR (market cap ~$32-33B) were upgraded on Tuesday, alongside real estate services firm CBRE (market cap ~$47-48B). Canadian National Railway CNI (market cap ~$59-84B) also saw an upgrade on Friday. However, beverage giant KOF (market cap ~$18-19B) and Wal-Mart de Mexico WMMVY faced downgrades, suggesting selective caution in consumer staples. Target price optimism points to continued momentum.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.