SHREVEPORT, La., June 6, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No.119079, http://www.donharrold.net), rates Qualcomm Inc. (Nasdaq:QCOM), Newmont Mining Corp. (NYSE:NEM), Dynegy Inc. (NYSE:DYN), and Lehman Brothers Holdings Inc. (NYSE:LEH).
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:
Qualcomm Inc. (Nasdaq:QCOM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/QCOM.php Newmont Mining Corp. (NYSE:NEM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/NEM.php Dynegy Inc. (NYSE:DYN) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/DYN.php Lehman Brothers Holdings Inc. (NYSE:LEH) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/LEH.php
Qualcomm Inc. (Nasdaq:QCOM) closed recently at $45.78 with a volume of 104368 X 100. My current rating on QCOM 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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