SHREVEPORT, La., June 7, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net) rates Wal-Mart Stores Inc (NYSE:WMT), Seagate Tech Hldgs (NYSE:STX), EuroZinc Mining Corp (AMEX:EZM), and Comcast Corp Cl A Spcl (Nasdaq:CMCSK).
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:
Wal-Mart Stores Inc. (NYSE:WMT) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/WMT.php Seagate Tech Hldgs. (NYSE:STX) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/STX.php EuroZinc Mining Corp. (AMEX:EZM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/EZM.php Comcast Corp Cl A Spcl (Nasdaq:CMCSK) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/CMCSK.php
Wal-Mart Stores Inc (NYSE:WMT) closed recently at $47.03 with a volume of 164643 X 100. My current rating on WMT is "Sell."
When I rate a stock "Sell," it means that the momentum indicators I follow are in full swing. I see a "Sell" stock as one that is usually already in the process of trending lower from previously overbought levels.
A "Sell" rated stock is one that I would not want to buy. I'd be more inclined to wait for a "Sell" rated stock to drop lower before I considered picking up any shares.
This is a stock that would have -- most likely -- been rated "Strong Sell" sometime in the recent past. Now, I'm waiting to see technical indications that the time to buy is near. The next rating along that path is a "Weak Sell."
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