4 Recently Upgraded Stocks to Buy for December

NYSE: SCHW | Charles Schwab Corporation (The)  News, Ratings, and Charts

SCHW – Our proprietary POWR Ratings rates stocks based on various measures. The ratings are calculated on a daily basis to provide investors an evaluation of stocks. The following four stocks were just upgraded to a “Buy” or “strong Buy” Charles Schwab Corporation (SCHW), Paccar (PCAR), Wipro (WIT), and Avantor (AVTR).

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

The latest POWR Ratings have been calculated. It is clear that the creation of several effective coronavirus vaccines has given investors considerable hope for the future. This hope is reflected in the increasing number of POWR Ratings upgrades.

Take a look at the latest POWR Ratings upgrades for yourself, and you will find stocks across a wide array of industries that have been upgraded to either “Buy” or “Strong Buy” ratings.

Below, we shine the spotlight on the following POWR Ratings upgrades that are particularly intriguing: Charles Schwab Corporation (SCHW), Paccar (PCAR), Wipro (WIT), and Avantor (AVTR).

Charles Schwab Corporation (SCHW)

Ask anyone who uses SCHW’s trading platform and other financial services about their merit, and you will be inundated with praise. Between stock trading, banking, and other finance-oriented services, SCHW has numerous revenue streams. The company serves everyday people as well as institutional clients.

The POWR Ratings show SCHW has “A” grades in the Buy & Hold Grade and Trade Grade components. The stock is ranked in the top 10 out of 27 publicly traded companies in the Investment Brokerage industry. SCHW has a forward P/E ratio of 20.5, indicating it is undervalued at its current trading price.  

SCHW had a 16.38% return in 2019. The stock’s six-month return is 38.08%. Furthermore, the stock has a one-month price return of 22.58%. There have been some rumblings that SCHW might acquire another broker, possibly Robinhood, in an attempt to minimize competition and add to its customer base.

Paccar (PCAR)

Trucks used both on, and off-road have become quite popular. PCAR makes these trucks as well as other vehicles used for commercial activity. In fact, the company designs, creates, and distributes these vehicles under brands such as Foden, Leyland, DAF, Peterbilt, and Kenworth.

Take a look at PCAR’s POWR Ratings, and you will find “A” grades in the Industry Rank, Buy & Hold Grade, and Trade Grade components. PCAR is ranked in the top 10 out of 33 Auto & Vehicle Manufacturers stocks. Though PCAR has a one-month price return in the red, it has a year-to-date price return of 16.29% along with a six-month price return of 23.30%.

The analysts have set an average price target of $96.55 for PCAR, indicating the stock has the potential to pop by 6.76%. PCAR has gained market share in recent quarters. Furthermore, the company has made its plans for electric vehicles public, generating all the more buzz for this POWR Ratings superstar.

Wipro (WIT)

IT services have been in demand and will continue to be in demand throughout the pandemic and beyond. WIT provides IT services, IT consulting, software solutions, and research/development services. WIT has an “A” grade in the Buy & Hold Grade, Trade Grade, and Industry Rank components.

WIT is ranked in the top five out of 14 publicly traded companies in the Outsourcing – Tech Services industry. Though WIT dropped down to $2.50 when the pandemic first began, the stock has since doubled in value. The stock has a year-to-date price return of 36.24% and a three-year price return of 30.12%.

Avantor (AVTR)

Biopharma, government, healthcare, education, and applied materials businesses receive their products and services from AVTR. Take a look at the stock’s POWR Ratings, and you will find it has “A” grades in the Trade Grade and Peer Grade components. The stock also has “B” grades in the Industry Rank and Buy & Hold Grade components.

AVTR is ranked third out of 34 stocks in the Consumer Goods industry. In terms of price returns, AVTR has a one-year return of 52.79%, along with a six-month return of 41.79% and a three-month return of 19.49%. Analysts agree that the future looks promising, setting an average price target of $27.86, indicating a potential 7% upside. Each of the nine analysts who cover the stock recommends it as a “Buy.”

Want More Great Investing Ideas?

“MUST OWN” Growth Stocks for 2021

Investors: We Have Much to Be Thankful For! (Market outlook and trading strategy from Steve Reitmeister)

5 WINNING Stocks Chart Patterns


SCHW shares fell $0.45 (-0.90%) in after-hours trading Wednesday. Year-to-date, SCHW has gained 6.52%, versus a 14.29% rise in the benchmark S&P 500 index during the same period.


About the Author: Patrick Ryan


Patrick Ryan has more than a dozen years of investing experience with a focus on information technology, consumer and entertainment sectors. In addition to working for StockNews, Patrick has also written for Wealth Authority and Fallon Wealth Management. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
SCHWGet RatingGet RatingGet Rating
PCARGet RatingGet RatingGet Rating
WITGet RatingGet RatingGet Rating
AVTRGet RatingGet RatingGet Rating

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Most Popular Stories on StockNews.com


:  |  News, Ratings, and Charts

Is This ANOTHER Stock Market Bubble?

More and more experts are pointing to the stock market (SPY) being well above historical valuation levels. Then when you see the movement of stocks like Tesla its hard not to think of the tech bubble of 1999. So let’s review if this is indeed a bubble. And if so, then provide a game plan for how investors should ride it up and then parachute out before its too late. Read on below for more…

:  |  News, Ratings, and Charts

An ETF to Buy for the Autonomous Vehicle Revolution

A Biden administration should bolster the ongoing EV and autonomous vehicle trend through substantial capital inflows and tax subsidies. And, with this, as EV giants and start-ups outperform the broader market, the Global X Autonomous & Electric Vehicles ETF (DRIV) should, we think, provide optimal risk-return exposure.

:  |  News, Ratings, and Charts

4 Stocks Soaring Higher on Biden's Infrastructure Plan

U.S. President-elect Joe Biden's ambitious plans to address climate change through eco-friendly and sustainable infrastructure development is expected to be a key focus this year. As such, stocks like BHP (BHP), Caterpillar (CAT), Rio Tinto (RIO) and United States Steel (X) are soaring and should deliver stellar results in the near future. Let us look closer at these companies to see why.

:  |  News, Ratings, and Charts

The Stock of the Week is ???

Helen of Troy (HELE) is one of the most consistent growth companies around in the consumer goods space. Their earnings announcement last week reminded everyone that there is plenty of growth on hand and Wall Street is taking note. Read on for more...

:  |  News, Ratings, and Charts

4 Stocks Soaring Higher on Biden's Infrastructure Plan

U.S. President-elect Joe Biden's ambitious plans to address climate change through eco-friendly and sustainable infrastructure development is expected to be a key focus this year. As such, stocks like BHP (BHP), Caterpillar (CAT), Rio Tinto (RIO) and United States Steel (X) are soaring and should deliver stellar results in the near future. Let us look closer at these companies to see why.

Read More Stories

More Charles Schwab Corporation (The) (SCHW) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All SCHW News