SHREVEPORT, La., June 2, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, www.donharrold.net), rates Juniper Networks (Nasdaq:JNPR), Procter & Gamble Co. (NYSE:PG), Adobe Systems Inc. (Nasdaq:ADBE), and Gateway Inc (NYSE:GTW).
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:
Juniper Networks (Nasdaq:JNPR) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/JNPR.php Procter & Gamble Co. (NYSE:PG) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/PG.php Adobe Systems Inc. (Nasdaq:ADBE) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/ADBE.php Gateway Inc. (NYSE:GTW) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/GTW.php
Adobe Systems (Nasdaq:ADBE) closed recently at $28.72 with a volume of 66582 X 100. My current rating on ADBE 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.
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