SHREVEPORT, La., April 27, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net) rates GlobeTel (AMEX:GTE), ITT Industries (NYSE:ITT), Invitrogen (Nasdaq:IVGN), and Knight-Ridder (NYSE:KRI).
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:
GlobeTel Communications Corp (AMEX:GTE) DonHarrold.net Rating: STRONG BUY http://www.donharrold.net/ratings/US/GTE.php ITT Industries Inc (NYSE:ITT) DonHarrold.net Rating: STRONG BUY http://www.donharrold.net/ratings/US/ITT.php Invitrogen Corporation (Nasdaq:IVGN) DonHarrold.net Rating: STRONG BUY http://www.donharrold.net/ratings/US/IVGN.php Knight-Ridder Inc (NYSE:KRI) DonHarrold.net Rating: STRONG BUY http://www.donharrold.net/ratings/US/KRI.php
DonHarrold.net Commentary -- April 27, 2006
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.
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