SHREVEPORT, La., May 21, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Broadcom Corp Cl A (Nasdaq:BRCM), Emc Corp (NYSE:EMC), Medtronic Inc (NYSE:MDT), and Gilead Sciences Inc (Nasdaq:GILD)
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:
Broadcom Corp Cl A (Nasdaq:BRCM) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/BRCM.php Emc Corp (NYSE:EMC) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/EMC.php Medtronic Inc (NYSE:MDT) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/MDT.php Gilead Sciences Inc (Nasdaq:GILD) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/GILD.php
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.
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