SHREVEPORT, La., May 17, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Applied Materials Inc (Nasdaq:AMAT), Sprint Nextel Corp (NYSE:S), Google (Nasdaq:GOOG), and Ubiquitel Inc (Nasdaq:UPCS).
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:
Applied Materials Inc (Nasdaq:AMAT) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=AMAT Sprint Nextel Corp (NYSE:S) DonHarrold.Net Rating: Buy http://www.stockpickreport.com/abrating.php?sym=S Google (Nasdaq:GOOG) DonHarrold.Net Rating: Weak Sell http://www.stockpickreport.com/abrating.php?sym=GOOG Ubiquitel Inc (Nasdaq:UPCS) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=UPCS
My research suggests AMAT's price will move lower than the "open price" the day this rating was initiated.
This analysis is based on short-term stochastic and "relative strength" indicators.
With my "Sell" rating, stochastic and "relative strength" numbers may agree, but not in all cases.
Investors, traders, and other market participants may find this a good opportunity to sell AMAT, "sell calls," or "buy puts."
This may also be an opportunity to lower targets and raise stop/losses to protect capital.
Trading volume seems to be going up and AMAT's closing price moved down during the week before this rating was initiated.
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