SHREVEPORT, La., May 26, 2005 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Yahoo!, Home Depot, Nokia Corporation and InterActiveCorp.
STOCKPICKREPORT RATINGS:
Yahoo! (Nasdaq:YHOO) -- SELL http://www.stockpickreport.com/abrating.php?sym=YHOO Home Depot (NYSE:HD) -- STRONG SELL http://www.stockpickreport.com/abrating.php?sym=HD Nokia Corporation (NYSE:NOK) -- SELL http://www.stockpickreport.com/abrating.php?sym=NOK InterActiveCorp (Nasdaq:IACI) -- STRONG SELL http://www.stockpickreport.com/abrating.php?sym=IACI Thursday, May 26, 2005 StockPickReport Commentary
Lately I have been reading the BBC European news at: http://news.bbc.co.uk/1/hi/world/europe/default.stm
There was a major headline today that is of great importance: "Giant Caspian Oil Pipeline Opens". Did you know that in Baku, on the Caspian Sea in Azerbaijan, is one of the biggest reserves in the world? U.K. ex-pats are quoted as saying "We live like kings here." (quoted from "Adventure Capitalist" by Jim Rogers). Here is a quote from the article: "Oil is set to flow from the Caspian Sea direct to the Mediterranean for the first time after a $3.6bn (2bn) pipeline opened on Wednesday. Starting in Azerbaijan, the 1,600km (1,000 mile) pipeline will pass through Georgia to the Turkish port of Ceyhan."
All we ever seem to get from U.S. news sources is talk about the Middle East. Some European news can give you a different perspective. This is major news -- a non-middle-east, non-Russian source of oil, straight to the Mediterranean.
To me, this is much more exciting news than crude oil inventories in the U.S.
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If the links to our ratings above do not work, please use these:
Yahoo! (Nasdaq:YHOO) -- SELL http://www.stockmonthly.com/YHOO-Stock-Research.php Home Depot (NYSE:HD) -- STRONG SELL http://www.stockmonthly.com/HD-Stock-Research.php Nokia Corporation (NYSE:NOK) -- SELL http://www.stockmonthly.com/NOK-Stock-Research.htm InterActiveCorp (Nasdaq:IACI) -- STRONG SELL http://www.stockmonthly.com/IACI-Stock-Research.php