SHREVEPORT, La., May 30, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates Pfizer Inc (NYSE:PFE), Elan Corp Plc (NYSE:ELN), Archer Daniels Midland (NYSE:ADM), and Threshold Pharmaceuticals (Nasdaq:THLD).
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:
Pfizer Inc. (NYSE:PFE) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/PFE.php Elan Corp. plc (NYSE:ELN) DonHarrold.Net Rating: http://www.donharrold.net/ratings/US/ELN.php Archer Daniels Midland (NYSE:ADM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/ADM.php Threshold Pharmaceuticals (Nasdaq:THLD) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/THLD.php
Pfizer Inc (NYSE:PFE) closed recently at $24.00 with a volume of 230259 X 100. My current rating on PFE is "Buy."
When I rate a stock "buy," it means that the momentum indicators I follow are in full swing. I see a "buy" stock as one that is usually already in the process of trending higher from previously oversold levels.
A "buy" rated stock is one that I would want to buy. I'd be more inclined to buy it than wait for it to drop lower before I considered picking up any shares.
This is a stock that would have -- most likely -- been rated "Strong Buy" sometime in the recent past. Now, I'm waiting to see technical indications that the time to sell is near. The next rating along that path is a "Weak sell."
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.