Consumer sectors lead the charge with 5 stocks (WMT, PG, MCD, EXPE, DECK) recently rated strong buy by analysts. Large-cap energy and healthcare also gained significant momentum through Friday with CVX and SYK upgrades. Average upside targets exceed 15% for these mega-caps. Conversely, tech heavyweights IBM and CSCO were downgraded to hold, indicating a notable rotation out of legacy software positions.
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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.