SHREVEPORT, La., May 22, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Nasdaq 100 Index Tracking Stock ETF (Nasdaq:QQQQ), JDS Uniphase Corp (Nasdaq:JDSU), Procter & Gamble Co (NYSE:PG), and RF Micro Devices Inc. (Nasdaq:RFMD).
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:
Nasdaq 100 Index Tracking Stock ETF (Nasdaq:QQQQ) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/QQQQ.php JDS Uniphase Corp (Nasdaq:JDSU) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/JDSU.php Procter & Gamble Co (NYSE:PG) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/PG.php RF Micro Devices Inc. (Nasdaq:RFMD) DonHarrold.net Rating: Weak Sell http://www.donharrold.net/ratings/US/RFMD.php
JDS Uniphase (Nasdaq:JDSU) closed recently at $2.78. My current rating on JDSU is, "Strong Buy."
My "Strong Buy" rating is reserved for stocks that meet a specific set of criteria. These are stocks that are -- on a technical basis -- "oversold." To qualify as a "Strong Buy", a stock's Stochastics and Relative Strength indicators must be in classic "oversold" positions. There are more proprietary factors I consider such as how moving averages are crossing and more.
If a stock is rated "Strong Buy," I believe the stock is significantly poised for either a move higher or a cessation of any recent price decreases. I like the term "entry point."
A "Strong Buy" stock represents a time to Buy based on my reading of technical indicators.
About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily commentary is regular and distributed worldwide. They are Registered Investment Advisors. They do not accept third-party compensation to make stock suggestions.