SHREVEPORT, La., June 6, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates Exxon Mobil Corporation (NYSE:XOM), Goldcorp Inc. (NYSE:GG), PMC-Sierra Inc. (Nasdaq:PMCS), and Schering-Plough Corp. (NYSE:SGP).
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: Exxon Mobil Corporation (NYSE:XOM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/XOM.php Goldcorp Inc. (NYSE:GG) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/GG.php PMC-Sierra Inc. (Nasdaq:PMCS) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/PMCS.php Schering-Plough Corp. (NYSE:SGP) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/SGP.php
Exxon Mobil (NYSE:XOM) closed recently at $60.08 with a volume of 169572 X 100. My current rating on XOM 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."
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