ATLANTA, June 5, 2007 (PRIME NEWSWIRE) -- Market Pulse is pleased to announce the following stock picks. Bernard Schmitt of Market Pulse states, "These particular stocks should be closely watched due to existing fundamental and technical factors affecting each company." Bernard possesses many years of experience in the financial industry evaluating and picking stocks. He rates them as follows:
Wal-Mart Stores Inc. (NYSE:WMT) : Market Outperform
Petrostar Petroleum Corp. (TSX-V:PEP) : Attractive
Sirius Satellite Radio Inc. (Nasdaq:SIRI) : Bearish
Hyperdynamics Corp. (AMEX:HDY) : Attractive
Stock Pick Meanings
These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.
After The Bell Market Commentary
According to Bernard Schmitt, "On Monday, the markets closed modestly higher despite a weakness in factory orders as investors focused on mergers and acquisitions activity and shook off an 8.3 percent slide in the benchmark Shanghai Composite Index. The Commerce Department reported that orders to U.S. factories were weaker than expected in April. The report showed 0.3 percent in manufacturing growth in April, and economists expected a rise of 0.7 percent after a 3.1 percent jump in March. Oil futures jumped more than $1 a barrel. Light, sweet crude for July delivery rose $1.13 to settle at $66.21 a barrel. The dollar slipped against other major currencies, while gold prices also fell. The Dow rose 8.21, or 0.06 percent, to 13,676.32. The Nasdaq composite index rose 4.37, or 0.17 percent, to 2,618.29. The S&P 500 index rose 2.84, or 0.18 percent, to 1,539.18. The Russell 2000 index was up 1.68, or 0.20 percent, at 855.09."
About Market-Pulse.com
Market Pulse LLC, the owner and operator of Market-Pulse.com (collectively referred to as "MP"), is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. MP is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. MP's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. MP provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. MP offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.market-pulse.com.
Information contained herein is the opinion of MP and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated fifty thousand dollars from Petrostar Petroleum Corporation. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.