StockPickReport.Com Issues Short-Term Stock Recommendations

Strategic Insights

May 22, 2004 — 1 min read

On May 23, 2004, StockPickReport.Com, a registered investment advisory firm, issued short-term stock recommendations for several companies. The firm provided Buy ratings for Applied Materials (NASDAQ:AMAT), Broadcom Corporation (NASDAQ:BRCM), and Bema Gold (AMEX:BGO), and Sell ratings for Caremark Rx Inc. (NYSE:CMX) and Medtronic Inc. (NYSE:MDT). These ratings are based on technical analysis and do not indicate a long-term view. StockPickReport.Com emphasizes that these ratings may change based on market conditions.

Key Takeaways:

StockPickReport.Com issued short-term stock recommendations on May 23, 2004, for Applied Materials (Buy), Broadcom Corporation (Buy), Bema Gold (Buy), Caremark Rx Inc. (Sell), and Medtronic Inc. (Sell).
The firm uses technical analysis to determine its ratings, which do not represent a long-term view.
Ratings may change based on market conditions, and the firm's analysis is intended for informational purposes only.
StockPickReport.Com is a registered investment advisory firm and does not accept third-party compensation for its stock suggestions.
The firm's rankings are free from bias or conflicts, and readers can access a free trial on their website.

Statistics:

5 stocks were recommended: Applied Materials, Broadcom Corporation, Bema Gold, Caremark Rx Inc., and Medtronic Inc.
3 stocks received Buy ratings: Applied Materials, Broadcom Corporation, and Bema Gold.
2 stocks received Sell ratings: Caremark Rx Inc. and Medtronic Inc.
StockPickReport.Com's analysis is based on technical analysis and is intended for informational purposes only.

Sources:

BUSINESS WIRE--May 23, 2004
StockPickReport.Com (Business Wire article)
http://www.stockpickreport.com/bw.php (Applied Materials recommendation)
http://www.stockpickreport.com/ratingbw.php?sym=AMAT (Applied Materials rating)
http://www.stockpickreport.com/bw.php (Broadcom Corporation recommendation)
http://www.stockpickreport.com/ratingbw.php?sym=BRCM (Broadcom Corporation rating)
http://www.stockpickreport.com/bw.php (Bema Gold recommendation)
http://www.stockpickreport.com/ratingbw.php?sym=BGO (Bema Gold rating)

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