Today’s list of recent stock upgrades comes from a unified view from analysts at J.P. Morgan Chase & Co. (NYSE: JPM) and what one of the biggest banks sees for different industries in the United States economy. Starting with the industrial sector, a broader macro view has landed these analysts in a couple of household name stocks with attractive upside and a worthy mention in the consumer discretionary sector with just as much upside.
Stocks like Cummins Inc. (NYSE: CMI) are making this list as vital players in the imminent rebound in the transportation sector and a broader breakout in the manufacturing sector for the United States. Benefitting from this same tailwind in the industrial space, shares of Caterpillar Inc. (NYSE: CAT) also came on the radar for these analysts to start boosting ahead of a potential rally. Lastly, the recent dips in Celsius Holdings Inc. (NASDAQ: CELH) drove analysts to recognize its upside.
