ATLANTA, July 16, 2009 (GLOBE 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:
Bank of America Corp. (NYSE:BAC): Market Outperform
Arrayit Corporation (OTCBB:ARYC): Attractive
Applied Materials Inc. (Nasdaq:AMAT): Market Outperform
ZAGG Inc. (OTCBB:ZAGG): 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 Wednesday's Bell Market Commentary
According to Bernard Schmitt, "On Wednesday, strong earnings news boosted investor sentiment to send the markets soaring. The U.S. dollar fell to a one-month low against major currencies. Gold was higher by $19, silver higher by 42 cents. The Federal Reserve released economic forecasts for 2009-11 saying the jobless rate could rise above 10 percent this year. Consumer prices rose in June due to a big jump in gasoline prices. Treasuries fell for a third day, sending the 10-year note yield up 13 basis points to 3.61 percent. U.S. crude settled at $61.54 a barrel, up $2.02 or 3.39 percent after reaching a high of $61.98 a barrel. The Dow Jones industrial average rose 256.72 points, or 3.07 percent, to close at 8,616.21, the most in three months. The Nasdaq Composite Index jumped 63.17 points, or 3.51 percent, to close at 1,862.90. The Standard & Poor's 500 Index gained 26.84 points, or 2.96 percent, to close at 932.68, its best gain in nearly two months. The Russell 2000 soared 19.2 points, or 3.85 percent, to close at 515.64."
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, in connection with its profile of Arrayit Corporation, fifty thousand shares of Arrayit Corporation's common stock by a third party shareholder. Additionally, MP bought for its own account in the open market, forty thousand shares of Arrayit Corporation's shares for a total purchase price of twenty-three thousand eight hundred twenty dollars. To date, MP has not sold any of these shares. 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 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.