SHREVEPORT, La., May 28, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net) rates Advanced Micro Devices (NYSE:AMD), Qwest Communications Intl. Inc. (NYSE:Q), Target Corporation (NYSE:TGT), and Rite Aid Corp. (NYSE:RAD) 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:
Advanced Micro Devices (NYSE:AMD) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/AMD.php Qwest Communications Intl. Inc. (NYSE:Q) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/Q.php Target Corporation (NYSE:TGT) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/TGT.php Rite Aid Corp. (NYSE:RAD) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/RAD.php
Advanced Micro Devices (NYSE:AMD) closed recently at $31.63 with a volume of 98220 X 100 . My current rating on AMD 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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