SHREVEPORT, La., June 6, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net) rates SPDRs S&P 500 Trust Series ETF (AMEX:SPY), Coeur d'Alene Mines Corp. (NYSE:CDE), American Tower Corp. (NYSE:AMT), and McDonalds Corp. (NYSE:MCD).
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:
SPDRs S&P 500 Trust Series ETF (AMEX:SPY) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/SPY.php Coeur d'Alene Mines Corp. (NYSE:CDE) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/CDE.php American Tower Corp. (NYSE:AMT) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/AMT.php McDonalds Corp. (NYSE:MCD) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/MCD.php
SPDRs S&P 500 Trust Series ETF (AMEX:SPY) closed recently at $126.92 with a volume of 757528 X 100. My current rating on SPY 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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