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Strong Buy for Google From DonHarrold.net
24 May 2006 DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Applied Materials Inc (Nasdaq:AMAT), Sprint Nextel Corp (NYSE:S), Google (Nasdaq:GOOG), and Ubiquitel Inc (Nasdaq:UPCS).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Applied Materials Inc (Nasdaq:AMAT)
DonHarrold.Net Rating: Weak Sell
http://www.donharrold.net/ratings/US/AMAT.php
Sprint Nextel Corp (NYSE:S)
DonHarrold.Net Rating: Sell
http://www.donharrold.net/ratings/US/S.php
Google (Nasdaq:GOOG)
DonHarrold.Net Rating: Strong Buy
http://www.donharrold.net/ratings/US/GOOG.php
Ubiquitel Inc (Nasdaq:UPCS)
DonHarrold.Net Rating: Sell
http://www.donharrold.net/ratings/US/UPCS.php
Google (Nasdaq:GOOG) closed recently at $370.95 with a volume of 85817 X 100. My current rating on GOOG is "Strong Buy."
My "Strong Buy" rating is reserved for stocks that meet a specific set of criteria. These are stocks that are -- on a technical basis -- "oversold." To qualify as a "Strong Buy," a stock's Stochastics and Relative Strength indicators must be in classic "oversold" positions. There are more proprietary factors I consider such as how moving averages are crossing and more.
If a stock is rated "Strong Buy," I believe the stock is significantly poised for either a move higher or a cessation of any recent price decreases. I like the term "entry point."
A "Strong Buy" stock represents a time to buy based on my reading of technical indicators.
About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily commentary is regular and distributed worldwide. They are Registered Investment Advisors. They do not accept third-party compensation to make stock suggestions.
CONTACT: DonHarrold.net
Don Harrold
(318) 550-3278
Skype: donharrold
don@DonHarrold.net
http://www.DonHarrold.net
Source: primezone
All trademarks and copyrighted information contained herein are the property of their respective owners.
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