StockPickReport.com Announces Stock Evaluation Ratings for Hewlett-Packard, ADC Telecommunications, General Motors, Automatic Data Processing, Vodafone
SHREVEPORT, La.--March 17, 2003-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw) makes these short-term stock recommendations:Hewlett-Packard - SELL - http://pr.stockpickreport.com/HPQ.htm
ADC Telecommunications - BUY - http://pr.stockpickreport.com/ADCT.htm
General Motors - BUY - http://pr.stockpickreport.com/GM.htm
Automatic Data Processing - SELL - http://pr.stockpickreport.com/ADP.htm
Vodafone - BUY - http://pr.stockpickreport.com/VOD.htm
Hewlett-Packard
StockPickReport.Com Rating: SELL (-2)
http://pr.stockpickreport.com/HPQ.htm
HP is a leading provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing.
HPQ traders may want to note that HPQ's average daily volume rose since the previous week. At the same time, we are of the opinion that HPQ will set about a shift of tone based on the most recent near-term stochastic indicator. In conclusion, it's end-of-day price ascended higher over the recent few trading sessions as evidenced by a 1-week moving average of the 3-week end-of-day average.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of HPQ) at current levels is the logical move at this time.
ADC Telecommunications
StockPickReport.Com Rating: BUY (5)
http://pr.stockpickreport.com/ADCT.htm
ADC Telecommunications provides a broad range of network equipment and software and integration services for broadband and multiservice networks.
ADCT's volume continues to slip below recent levels. Furthermore, our technical analysts believe the stock will keep up the current market direction in a potentially upside move, in conjunction with the stock's recent short-term stochastic analysis. Lastly, the stock's closing-price 15-period rate-of-change average climbed to elevated levels over the last few sessions.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying ADCT) at current levels offers traders a nice chance for a profitable trade.
General Motors
StockPickReport.Com Rating: BUY (7)
http://pr.stockpickreport.com/GM.htm
General Motors , the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide, and has been the global automotive sales leader since 1931.
Our researchers find that GM's daily number of shares-traded still continues to move to the upside. Our technical analysts predict GM will sustain the recent trade direction while seeing higher prices, based on GM's newest near-term stochastic chart. Traders should notice that GM's end-of-day price edged upward over the last few trading days as indicated by a short-term moving average of its three-week average.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying GM) at current levels offers traders a nice chance for a profitable trade.
Automatic Data Processing
StockPickReport.Com Rating: SELL (-2)
http://pr.stockpickreport.com/ADP.htm
ADP is one of the largest global providers of computerized transaction processing, data communications and information services.
The stock's price slipped into lower ground during the most-recent few trading sessions based on the weekly average of it's longer-term closing-price average. Incidentally, the short-term volume of shares traded for the stock rose over previous levels during the most recent several weeks. Finally, our technical analysts hold the opinion that ADP will set about a transformation in tone in accordance with the recent near-term stochastic analysis.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of ADP) at current levels is the logical move at this time.
Vodafone
StockPickReport.Com Rating: BUY (7)
http://pr.stockpickreport.com/VOD.htm
Vodafone Group plc is a wireless telecommunications company with a significant presence in Continental Europe, the United Kingdom, the United States and the Far East through subsidiary undertakings, joint ventures and associated undertakings, with further interests in wireless telecommunications businesses in the Middle Eastern and African region.
Our analysts hold the opinion that VOD will persist with the current price direction in a likely advance higher, in accordance with VOD's new short-term stochastic mark. At the same time, VOD's 15-day price rate-of-change average ended the recent trading session exceeding it's price for the same session last week. In conclusion, the stock's most recent volume continues to grow. In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying VOD) at current levels offers traders a nice chance for a profitable trade.
WHAT THESE RATINGS MEAN:
StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that reflect our opinion of a stock's potential price movement over the next five to ten trading sessions. The stock ratings range from +10 (which indicates our view that a stock has a great chance to move higher) to - 10 (which indicates our belief that a stock has a great chance to move lower). These ratings may change based on daily market conditions.
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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.
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