SHREVEPORT, La., March 15, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD No. 119079, http://www.stockpickreport.com), rates Cisco Systems (Nasdaq:CSCO), Exxon Mobil Corporation (NYSE:XOM), EMC Corporation (NYSE:EMC), and Juniper Networks (Nasdaq:JNPR).
StockPickReport.com provides unbiased stock ratings from registered investment advisors. StockPickReport offers subscription services for Swing traders, Day traders and Penny Stock Traders. StockPickReport.com issues daily market commentary and features a member's area with detailed information on over 12,000 stocks.
Important Stock rating Changes for March 16, 2006:
Cisco Systems (Nasdaq:CSCO) - WEAK BUY http://www.stockpickreport.com/abrating.php?sym=CSCO Exxon Mobil Corporation (NYSE:XOM) - BUY http://www.stockpickreport.com/abrating.php?sym=XOM EMC Corporation (NYSE:EMC) - SELL http://www.stockpickreport.com/abrating.php?sym=EMC Juniper Networks (Nasdaq:JNPR) - BUY http://www.stockpickreport.com/abrating.php?sym=JNPR
Short term traders may be in for more upside. The S&P 500 broke up and over a resistance level today. If the reverse were true I'd argue for continued downside. Yet, the upside potential is where we'd place our bets at the moment. Overall, the market is overbought. We think a month out things will be much less rosy than over the next week.
A couple weeks ago I picked Activision (Nasdaq:ATVI). I bought 900 shares and stuck them in my short-term portfolio. I bought mine at $12.47 and sold today at $13.70. I picked up a grand in the process. My target was $14.00 and ATVI hit that "on the nose" today. Check out this online video that shows why I bought it. Click on http://www.stockpickreport.com/newmember/videos/atvi031506.html. If you want to see more videos like this, email me at don@articlebot.com. (Don Harrold, March 15, 2006)
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