J.C. Penney is downgraded to 'sell,' and Red Robin is upgraded to 'buy.'
Halliburton is upgraded to 'buy,' and DeVry is downgraded to 'hold.'
Altria is upgraded to 'buy,' and Red Robin is downgraded to 'neutral.'
Mattel is upgraded to 'buy,' and Qualcomm is initiated with a 'buy.'
Hurricane Sandy is expected to hit the East Coast later in the day.
MetroPCS is upgraded to 'outperform,' and J.C. Penney is initiated at 2 firms.
Like the restaurant chain, these momentum stocks could join similar other crash-and-burn stories.
The popularity of recession-proof restaurants has remained strong even as the economy gains.
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