SHREVEPORT, La., June 1, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates JDS Uniphase Corp. (Nasdaq:JDSU), JPMorgan Chase & Co. (NYSE:JPM), Halliburton Co. (NYSE:HAL), and American Express Co. (NYSE:AXP).
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:
JDS Uniphase Corp. (Nasdaq:JDSU) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/JDSU.php JPMorgan Chase & Co. (NYSE:JPM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/JPM.php Halliburton Co. (NYSE:HAL) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/HAL.php American Express Co. (NYSE:AXP) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/AXP.php
JDS Uniphase (Nasdaq:JDSU) closed recently at $3.03 with a volume of 520913 X 100 . My current rating on JDSU 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 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".
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.