StockPickReport.Com Releases Short-Term Stock Recommendations
On January 19, 2004, StockPickReport.Com, a registered investment advisor, released short-term stock recommendations for several companies. According to the report, the following stocks were rated: Microsoft Corp. was rated a BUY, Arris Group Inc. a STRONG SELL, Broadcom Corp. a WEAK BUY, Eli Lilly & Company a BUY, and Comverse Technology Inc. a SELL. StockPickReport.Com uses a proprietary unbiased system of technical analysis to evaluate stocks and provides daily commentary with worldwide distribution.
Key Takeaways:
- StockPickReport.Com recommended Microsoft Corp. (Nasdaq:MSFT) as a BUY on January 19, 2004, indicating a potential price movement over the next five to ten trading sessions.
- Arris Group Inc. (Nasdaq:ARRS) was rated a STRONG SELL, implying a potential price decrease over the next five to ten trading sessions.
- Broadcom Corp. (Nasdaq:BRCM) received a WEAK BUY rating, indicating a lower confidence level in the stock's potential price movement.
- Eli Lilly & Company (NYSE:LLY) was rated a BUY, suggesting a potential price increase over the next five to ten trading sessions.
- Comverse Technology Inc. (Nasdaq:CMVT) was rated a SELL, indicating a potential price decrease over the next five to ten trading sessions.
- The ratings do not indicate a "long term" view of any company listed and may change based on daily market conditions.
- StockPickReport.Com is a registered investment advisor and does not accept third-party compensation to make stock suggestions.
- The company does not own shares of any stock it rates and advises investors to consider their specific investment objectives, financial situation, and particular needs before making investment decisions.
Statistics:
- January 19, 2004: Date of the short-term stock recommendations release by StockPickReport.Com.
- 5-10 trading sessions: Timeframe for potential price movement indicated by the ratings.
- 100%: Percentage of StockPickReport.Com's ratings that reflect a proprietary unbiased system of technical analysis.
- 0%: Percentage of StockPickReport.Com's ratings that are influenced by third-party compensation.
- 0 stocks: Number of stocks owned by StockPickReport.Com.
Sources:
- Business Wire, January 19, 2004, "Business Editors SHREVEPORT, La.-- StockPickReport.Com (IARD#119079)"
- StockPickReport.Com website, "Rating System"
- StockPickReport.Com website, "About Us"