Technology leads the charge with 4 stocks (ADI, NET, TYL, PEGA) earning 'Strong Buy' upgrades over Wednesday and Thursday. This signals continued positive momentum for the sector. However, a wave of downgrades to 'Hold' in healthcare, including mega-cap PFE, suggests investors should exercise caution in biotech and pharma stocks.
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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.