Buy Rating for Activision From DonHarrold.net


SHREVEPORT, La., June 5, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Citigroup (NYSE:C), Johnson & Johnson (NYSE:JNJ), Activision Inc (Nasdaq:ATVI), and Joy Global Inc (Nasdaq:JOYG).

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:


 Citigroup (NYSE:C)
 DonHarrold.Net Rating: Buy
 http://www.donharrold.net/ratings/US/C.php

 Johnson & Johnson (NYSE:JNJ)
 DonHarrold.Net Rating: Sell
 http://www.donharrold.net/ratings/US/JNJ.php

 Activision Inc (Nasdaq:ATVI)
 DonHarrold.Net Rating: Buy
 http://www.donharrold.net/ratings/US/ATVI.php

 Joy Global Inc (Nasdaq:JOYG)
 DonHarrold.Net Rating: Buy
 http://www.donharrold.net/ratings/US/JOYG.php

Activision Inc (Nasdaq:ATVI) closed recently at $13.01 with a volume of 37431 X 100. My current rating on ATVI 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.



            

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