WABCO Holdings Inc.  (WBC) Trade Now »     Rate WBC  -  Discuss WBC  -  Add to Watch List        

Filed under: Analyst reports, Analyst upgrades and downgrades, Boeing Co (BA), Oracle Corp (ORCL), Merck and Co (MRK), Harley-Davidson (HOG), Analyst initiations, Garmin Ltd (GRMN)

Analyst upgrades:

• Friedman Billings upgraded Synovus (NYSE: SNV) to Market Perform from Underperform on valuation following the recent weakness. BASF (OTC: BASFY) and Akzo Nobel (OTC: AKZOY) were upgraded to Buy from Neutral at UBS on valuation and believes cash flows can cover the company's dividend.
• JP Morgan upgraded H.B. Fuller (NYSE: FUL) to Overweight from Neutral citing benefits from lower raw mater

Final piece of the series of where to look for undervalued stocks. The first piece of the magic formula stocks covered the top 100 stocks with a minimum market cap of 50 million. This post will cover the top 100 stocks with a minimum market cap of 250, 500, 1000, 2000 million.

When running the following screens, many of the names mentioned in the previous post will appear. Also, many names in the same sectors appear. For example, the magic formula screen is full of retailers, aerospace and defense, refiners, and tech. Many of the stocks mentioned below I have not done any research on but kno

This is the second part on what stocks I am looking at. Part 1 dealt with stocks in the DJIA trading at or near 52 week lows. Next, I will look at stocks  Warren Buffett or Berkshire Hathaway has bought according to Gurufocus.com.

Although studies have shown that following Buffett into stocks has been a good idea, I highly do not recommend following ANY guru into a stock. For example, think about the number of people who blindly followed Mohnish Pabrai or Martin Whitman in the last year. Plus, digging into a company’s 10-K will help anyone looking into a company get a better picture about