S&P/ASX All Ords (ASX: XAO) shares are in the red, down 1.21% on Tuesday.
The All Ords index lost its entire new year gains during earnings season last month.
The index experienced a substantial 4.39% fall in February, following a 4.38% lift in January.
Uncertainty surrounding US trade tariffs and a big fall in some of the major ASX bank shares and iron ore stocks contributed to the All Ords' decline last month.
During a period of turbulence, scores of ASX All Ords shares captured the attention of brokers and received upgraded ratings after they reported their results.
Here is a sample of those upgraded stocks.
7 ASX All Ords shares upgraded to 'strong buy' status
'Strong buy' is the new consensus rating among analysts on CommSec for these ASX All Ords shares.
CSL Ltd (ASX: CSL)
The CSL share price is $261.63, down 0.14% on Tuesday.
Last month, CSL reported a 1H FY25 net profit after tax (NPAT) of US$2.04 billion, up 7% in constant currency terms.
Bell Potter has a buy rating and $335 price target on the ASX biotech share. Macquarie is more ambitious, placing an outperform rating on CSL shares with a price target of $360.30.
The ASX All Ords healthcare share has fallen 6.4% over the past 12 months.
Charter Hall Retail REIT (ASX: CQR)
This ASX real estate investment trust (REIT) is steady at $3.39 at the time of writing.
Last month, the Charter Hall Retail REIT reported a 3% increase in net property income and a 4.5% increase in net lease income for 1H FY25.
Macquarie has an outperform rating on the ASX REIT with a price target of $3.51.
The ASX All Ords REIT share has fallen 5.3% over the past 12 months.
News Corporation CDI (ASX: NWS)
The News Corporation share price is $51.75, down 0.86%.
Goldman Sachs has a buy rating on the media giant with an improved price target of $61.
The broker has a positive view of the company's recent quarterly update.
The ASX All Ords communications share has risen 23.8% over the past year.
Zip Co Ltd (ASX: ZIP)
The Zip share price is $2.21, down 8.3% at the time of writing.
Last week, Zip revealed a 117.1% increase in cash EBTDA to $67 million for 1H FY25.
The ASX All Ords buy now, pay later share has ripped 103.7% higher over the past year.
Sayona Mining Limited (ASX: SYA)
The Sayona Mining share price is 19 cents, down 5% on Tuesday.
Last week, Sayona reported an underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss of $37 million for 1H FY25, up from a loss of $9 million in H1 FY24.
The ASX All Ords lithium share has fallen 62% over the past 12 months.
DroneShield Ltd (ASX: DRO)
DroneShield shares are fetching 79 cents at the time of writing, up 0.64%.
The defence hardware and software business revealed another record revenue year last week.
A note from Bell Potter reveals its analysts have retained their buy rating on the stock.
The broker has a 12-month price target of $1.10.
The ASX All Ords industrial share has lifted 26.6% over the past 12 months.
Dicker Data Limited (ASX: DDR)
The Dicker Data share price is $8.51, down 1.16% on Tuesday.
Dicker Data reported its full-year FY24 figures last week.
The company revealed a gross profit of $324 million, up 2.7%.
Management expects rising demand due to artificial intelligence, cybersecurity, and the end of Windows 10 support, which is prompting more companies to upgrade their computers.
The ASX All Ords tech share has fallen 30.2% over the past 12 months.
