SHREVEPORT, La., May 21, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Level 3 Communications (Nasdaq:LVLT), Exxon Mobil Corporation (NYSE:XOM), Wal-Mart Stores Inc (NYSE:WMT), and Taiwan Semicond Mnfcg Co (NYSE:TSM)
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: Weak Sell http://www.donharrold.net/ratings/US/LVLT.php Exxon Mobil Corporation (NYSE:XOM) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/XOM.php Wal-Mart Stores Inc (NYSE:WMT) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/WMT.php Taiwan Semicond Mnfcg Co (NYSE:TSM) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/TSM.php
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.
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