Some minor changes and a nice addition to my lists of stock picks.
Shanda Interactive down from B+ to B due to government restrictions on online game "addicts". This nut has been getting screwed for awhile now, and last week, the hammer came down. Shanda (SNDA) will still thrive, but at a slower rate, particularly with intense competition from NetEase.
Chipotle Mexican Grill also down from B+ to B due to increased costs in cheese and avocados. Nothing more.
Spartan Motors? Great company, but the stock was priced for perfect execution. That didn't happen recently, when a key contract fell by the wayside. Down from A- to B+.
SanDisk is clearly in strength now with worldwide demand for flash memory growing. SNDK is a B+ here, and very close to an A-. P/E is 74, but growth will be monstrous.
Also like Starbucks as expansion into a robust Chinese economy continues. China's economy was up 11.9% in Q2 over '06 Q2, which means more spending money and more tea at SBUX. Moved SBUX up from B- to B.
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