Biotechnology and Financial Services lead with numerous strong buy ratings over the past three days. Notable upgrades include JNJ (market cap $453.15B), COIN, and RACE (market cap $87.55B-$89.32B). Biotech saw strong buys for NTLA (market cap $2.14B-$2.21B), TGTX (market cap $5.36B-$5.83B), and XNCR (market cap $722.4M-$843.75M), while Financials saw MSDL (market cap $1.41B-$1.51B) and OTF (market cap $6.66B-$6.68B) upgraded. Momentum is strong in these sectors. However, significant downgrades for PYPL (market cap $66.16B-$68.11B) and CHKP (market cap $21.44B-$21.78B) signal caution in tech and payment processing.
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.