The shares of truck manufacturer Paccar Inc.'s (PCAR) shares, first discussed on July 6, 2009, at a price of $30.81, have pulled back to about $50 after soaring from $41 to $58 in the winter. View the retreat as good time to consider the shares, if you missed the first elevator up.

Paccar's revenue will likely increase another 30% to 40% in 2011, following a impressive 30% jump in 2010, as economies in North America, Europe and in emerging markets continue to recover.

Analyst Upgrades

• Brinker (EAT) to buy from neutral at UBS.
• Starbucks (SBUX) to overweight from equal weight at Morgan Stanley.
• Paccar (PCAR) to overweight from neutral at JPMorgan.
• CA Technologies (CA) to outperform from perform at Oppenheimer.
• PPL Corp. (PPL) to overweight from equal weight at Barclays.
• ConocoPhillips (COP) to hold from sell at Citigroup.
• First Defiance (FDEF) to outperform from market perform at Keefe Bruyette.
• MasTec (MTZ) to outperform from neutral at Credit Suisse.
• Amdocs (DOX) to neutral from underperform at BofA/Merrill.

Truck manufacturer Paccar Inc.'s (PCAR) shares, first discussed on July 6, 2009 at a price of $30.81, soared above major, psychological resistance at $50 last autumn, and if you're in at/near $31, now may be good time to consider taking some profits.

However, other investors who can tolerate the risk can maintain their full position, but keep in mind that the journey to $70 may not be reached in 2011.

Paccar's revenue will likely rise an impressive 20-25% 2011, following a likely 10-12% increase in 2010, as economies in North America, Europe, and in emerging markets continue to recover.

Analyst Upgrades

• NYSE Euronex (NYX) to conviction buy from neutral at Goldman.
• General Dynamics (GD) to buy from hold at Citigroup.
• Deere (DE), Parker-Hannifin (PH) and ExlService (EXLS) to overweight from neutral at JPMorgan.
• Aflac (AFL) to outperform from market perform at FBR Capital.
• Wynn Resorts (WYNN) to buy from neutral at Janney Capital.
• Amdocs (DOX) to buy from neutral at UBS.
• Juniper (JNPR) to buy from hold at ThinkEquity.
• Rudolph Tech (RTEC) and KLA-Tencor (KLAC) to perform from underperform at Oppenheimer.
• Hershey (HSY) and Pinnacle Entertainment (PNK) to outperform from market perform at Wells Fargo.
• Spirit AeroSystems (SPR) to equal weight from underweight at Morgan Stanley.
• Micron (MU) to outperform from neutral at RW Baird.

Good news is coming in for the builders of heavy trucks, such as Paccar (PCAR), and for truck parts manufacturers, including Eaton (ETN). An aging national truck fleet, coupled with rebounding interstate freight volumes, signal that 2011 is shaping up to be a strong year for heavy trucks and the investors who play them.

A report from Bloomberg Businessweek reveals that manufacturing totals for heavy trucks could jump to as many as 235,000 units in North America for 2011. This compares to a total of approximately 150,000 units for 2010.

If you viewed the June dip by truck manufacturer Paccar Inc. (PCAR), first discussed on July 6, 2009, at a price of $30.81, as a buying opportunity, as forecast, you made the right move, as PCAR has raced ahead since then. The stock recently cleared key, psychological resistance at $50.

Paccar's revenue will likely rise 11% to 13% 2010, followed by a similar increase in 2011, as economies in North America, Europe, and in emerging markets continue to recover.

Analyst Upgrades

• RBC Capital upgraded Syniverse (SVR) to outperform from sector perform based on strong secular growth in mobile data and roaming. The firm raised its price target to $28 from $23.
• Deutsche Bank upgraded PG&E (PCG) to buy from hold with a $49 price target due to valuation.
• Jefferies assumed coverage on Sierra Wireless (SWIR) with a buy from a hold and raised its price target to $12 from $9. The analyst expects the M2M market to experience 25% growth over the next two years.
• Affiliated Managers (AMG) was upgraded to buy from neutral at Goldman.
• EastGroup Properties (EGP) was upgraded to buy from neutral at UBS.
• Gammon Gold (GRS) was upgraded to neutral from underperform at Credit Suisse.

Analyst Upgrades

• Best Buy (BBY) was upgraded to top pick from outperform at RBC Capital, as the firm thinks the company's valuation is inexpensive while it will perform well during the holiday season.
• Credit Suisse upgraded CF Industries (CF) to outperform from neutral, citing favorable fundamentals in nitrogen and phosphate markets.
• Canadian Solar (CSIQ) was raised to buy from hold by Jefferies, which cited expectations for higher selling prices next year and cost savings from sourcing more components internally.
• BMO Capital upgraded RC2 Corp. (RCRC) to outperform from market perform as the firm believes that RC2's baby products are performing better than previously expected.
• Ericsson (ERIC) was upgraded to neutral from underperform at BofA/Merril.
• ProLogis (PLD) was upgraded to buy from hold at Stifel Nicolaus.
• Constellation Energy (CEG) was upgraded to outperform from neutral at Macquarie.

Some plays just exude optimism and signs of higher earnings up ahead. Truck manufacturer Paccar Inc. (PCAR), which I first wrote about on July 6, 2009 at a price of $30.81, is one.

Paccar's revenue should increase about 10-13% 2010, after bottoming in 2009, as economies in North America, Europe, and in emerging markets continue to recover.

Truck manufacturer Paccar Inc's (PCAR) recovery continues, and that's a major reason I'm reiterating my buy rating for the company's shares, first recommended on July 6, 2009 at a price of $30.81.

Look for Paccar's revenue will start to increase in FY2010, after bottoming in FY2009, as economies in North America, Europe, and in emerging markets continue to recover.

Things are starting to look up for truck manufacturer Paccar Inc. (NASDAQ: PCAR), which is why I'm Reiterating my Buy rating for the company's shares, first recommended on July 6, 2009 at a price of $30.81. If you bought Paccar in July, you're up about 22%.

As expected, Paccar's revenue will start to increase in FY2010, after bottoming this year, as economies in North America, Europe, and in emerging markets continue to recover.

Analyst upgrades:

• Jefferies upgraded SAP (NYSE: SAP) to Buy from Hold on expectations license declines will trough in Q2 and margins will expand going forward due to cost control and price increases. The firm has a $46 price target on shares.
• BofA/Merrill upgraded STMicroelectronics (NYSE: STM) to Buy from Underperform on expectations the company will benefit from improving industry fundamentals in 2010.
• Citigroup upgraded Freeport McMoRan (NYSE: FCX) to Buy from Hold to reflect the firm's positive copper outlook, as well as valuation following the recent pullback in shares. The firm has a $58 price target on the stock.
• Phototronics (NASDAQ: PLAB) was upgraded to Buy from Neutral at UBS.
• Anglo American (NASDAQ: AAUK) was raised to Hold from Sell at RBS.
• Peabody Energy (NASDAQ: BTU) was upgraded to Buy from Neutral at Goldman.

Any experienced investor who has followed emerging markets knows that the global recession and accompanying decline in international trade has weighed on the truck manufacturing sector.

But now that it appears the global recession has bottomed, more-pleasant times are likely to return to the sector, which bodes well for PACCAR Inc. (NASDAQ: PCAR).

TheStreet.com's Jim Cramer says stock prices may roll back, but techs and financials should be fine.

The pain of the aftermath of mark-ups never goes away. We knew what was in store for us, as the mark-up folks don't like to play on the last day, especially with the newly vigilant Securities and Exchange Commission. I have to believe that this SEC will now become more interested in "the tapes," which would show clients asking brokers to take stocks up as much as they can, something that we know is against the law.

What comes up from mark-up must come down, and the most important "come-downs" should be in the industrials, because we have the least visibility in them. I do not believe the techs have as much to worry about, nor the banks, because both have excellent earnings prospects for the coming quarter. Why sell Apple (NASDAQ: AAPL) (Cramer's Take) here? Why sell Microsoft (NASDAQ: MSFT) (Cramer's Take)? And why dump Wells Fargo (NYSE: WFC) (Cramer's Take) or Bank of America (NYSE: BAC) (Cramer's Take) or JPMorgan Chase (NYSE: JPM) (Cramer's Take) when those have the best possibilities of good news ahead? I can see locking in some Goldman Sachs (NYSE: GS) (Cramer's Take) gains, but that's going to be the best quarter of all.

Seems that even this shortened week was full of news and happenings, in the U.S. and around the world. With Citigroup Inc. (NYSE: C) being bailed out by the U.S. government at the beginning of the week and China announcing fiscal and monetary stimulus plans, the Dow industrials finished in positive territory four days in a row.

But as analysts and pundits, as well as each and every economic release -- in the U.S. and around the world -- remind us, we are not out of the woods yet and the rally has really been a bear-market rally.

Investors looking to take advantage of such rallies, or at least feel they hold stable long-term holdings, can search this week's BloggingStocks' contributors' picks:

Apollo Group (NASDAQ: APOL) and Devry Inc. (NYSE: DV) -- It's often been suggested that educators do well in times of recession and high unemployment as workers look to improve or change their education to get a better job. Leo Fasciocco thinks these two are poised for a breakout.

Dollar Tree Inc. (NASDAQ: DLTR) reported stronger-than-expected earnings this week and also hiked its forecast. Not surprisingly, cash-strapped consumers turn more and more to discounters. Dollar Tree may continue to benefit from the economic downturn and the stock could also experience a short-squeeze rally.