SHREVEPORT, La., May 1, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Level 3 Communications (Nasdaq:LVLT), Nokia Corp ADS (NYSE:NOK), Charles Schwab Corp (Nasdaq:SCHW), and Gateway Inc (NYSE:GTW).
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:
Level 3 Communications (Nasdaq:LVLT) DonHarrold.Net Rating: Buy http://www.stockpickreport.com/abrating.php?sym=LVLT Nokia Corp ADS (NYSE:NOK) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=NOK Charles Schwab Corp (Nasdaq:SCHW) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/SCHW.php Gateway Inc (NYSE:GTW) DonHarrold.Net Rating: Buy http://www.stockpickreport.com/abrating.php?sym=GTW
DonHarrold.net Commentary -- May 1, 2006
Level 3 Communications (Nasdaq:LVLT) is rated "Buy" even in an overbought market. I think it is a stock that will outperform many others over the short term.
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."
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