SHREVEPORT, La., Sept. 2, 2004 (PRIMEZONE) -- StockPickReport, the web's only non-mainstream stock rating service, rates Qwest (NYSE:Q), Texas Instruments (NYSE:TXN), Exxon Mobil (NYSE:XOM), and Ford Motor Company (NYSE:F)
STOCKPICKREPORT RATINGS:
Qwest (NYSE:Q) -- "Strong Buy" http://www.stockpickreport.com/rating.php?sym=wmt
Texas Instruments (NYSE:TXN) -- "Strong Buy" http://www.stockpickreport.com/rating.php?sym=txn
Exxon Mobil (NYSE:XOM) -- "Buy" http://www.stockpickreport.com/rating.php?sym=xom
Ford Motor Company (NYSE:F) -- "Buy" http://www.stockpickreport.com/rating.php?sym=f
STOCKPICKREPORT COMMENTARY:
"In a recent commentary, I mentioned that stock investors may not want to get caught in a 'love affair' with internet stocks," opens Mr. Harrold.
"It seems so long ago that the internet bubble burst, but that terror seems to be forgotten by way too many investing men and women. But, it really was not that long ago," says Mr. Harrold.
"Folks who like to get their regular stock research from CNBC, for example, should find it somewhat amusing (okay, maybe 'ironic' is a better word) that internet stocks are 'all the rage' once again," Mr. Harrold adds.
"PEs are skyhigh -- again. Many analysts expect revenue will slow down -- again. And, the average long term investor, 401k investor, or daytrader, seems to be a victim of a possibly terrible lapse of memory," adds Mr. Harrold.
"Investors need to remember the terror they felt. The frightened days asking, 'how low can this stock go', could happen again, and soon, in the wrong sector. Now, we don't believe that every internet stock is on the 'bubble', but we just want to see more caution from the likes of stock traders, investors, and the investing public, in general when it comes to the recent interest in internet stocks," mentions Mr. Harrold.
"At the very least, this time around, stock investors need to use 'stop losses' and have some sort of idea where they will sell if a stock they hold moves higher," says Mr. Harrold
The StockPickReport Co-Founder adds, "Especially if they hold internet stocks, and especially if they've forgotten those terror-filled, frightening days of 1999 through 2002,"
"There are some very 'non internet' companies to look at now with serious upside. We think Wal-Mart (NYSE:WMT) is just poised for huge moves. And, you just can't get more non-internet than Wal-Mart," concludes Mr. Harrold.
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