SHREVEPORT, La., June 7, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net) rates Intel Corp (Nasdaq:INTC), Hewlett-packard Co (NYSE:HPQ), Rf Micro Devices Inc (Nasdaq:RFMD), and Rite Aid Corp (NYSE:RAD).
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:
Intel Corp. (Nasdaq:INTC) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/INTC.php Hewlett-packard Co. (NYSE:HPQ) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/HPQ.php Rf Micro Devices Inc. (Nasdaq:RFMD) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/RFMD.php Rite Aid Corp. (NYSE:RAD) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/RAD.php
Intel (Nasdaq:INTC) closed recently at $17.79 with a volume of 823099 X 100. My current rating on INTC 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.
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.