UBS: Outlook for large cap stocks

Peter Lee, Chief Technical Strategist at UBS in New York, gives his technical outlook for 69 large cap stocks.

Since his last report of 26 January 2016, there have been 16 rating changes: Nine from “Neutral” to “Bullish” (Ford Motor Company, Honeywell International, Johnson & Johnson, Coco-Cola, Nestle, Procter & Gamble, Philip Morris International, AT&T, and Verizon), four from “Bullish” to “Neutral” (Amazon, Celgene, Walt Disney Company, and Wells Fargo) and three from “Neutral” to “Bearish” (Apache Corp, American Express, Citigroup). See table below for a summary by sector.

Read report.