SHREVEPORT, La., May 30, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates Emc Corp (NYSE:EMC), Nabors Industries Inc (NYSE:NBR), BJ Services Company (NYSE:BJS), and Internap Network Svcs Cp (AMEX:IIP).
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:
EMC Corp. (NYSE:EMC) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/EMC.php Nabors Industries Ltd. (NYSE:NBR) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/NBR.php BJ Services Company (NYSE:BJS) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/BJS.php Internap Network Services Corp. (AMEX:IIP) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/IIP.php
Emc (NYSE:EMC) closed recently at $12.78 with a volume of 143072 X 100. My current rating on EMC 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.
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