SHREVEPORT, La., May 24, 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.donharrold.net/ratings/US/VTSS.php Sandisk Corp (Nasdaq:SNDK) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/SNDK.php Hewlett-Packard Co (NYSE:HPQ) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/HPQ.php Home Depot Inc (NYSE:HD) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/HD.php
Vitesse Semiconductor Cp (Nasdaq:VTSS) closed recently at $1.77 with a volume of 97313 X 100. My current rating on VTSS is "Buy."
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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