SHREVEPORT, La., May 18, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Vitesse Semiconductor Cp (Nasdaq:VTSS), SanDisk Corp (Nasdaq:SNDK), Hewlett-Packard Co (NYSE:HPQ), and Home Depot Inc (NYSE:HD).
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:
Vitesse Semiconductor Cp (Nasdaq:VTSS) DonHarrold.Net Rating: Buy http://www.stockpickreport.com/abrating.php?sym=VTSS SanDisk Corp (Nasdaq:SNDK) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/SNDK.php Hewlett-Packard Co (NYSE:HPQ) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/HPQ.php Home Depot Inc (NYSE:HD) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/HD.php
SanDisk (Nasdaq:SNDK) closed recently at $61.65. My current rating on SNDK 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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