Business Services Industry
StockPickReport.com Announces Stock Evaluation Ratings for AMR Corporation, Nokia, Cerner, Best Buy Company Inc., Starbucks
Business Wire, April 10, 2003
Business Editors
SHREVEPORT, La.--(BUSINESS WIRE)--April 10, 2003
StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw) makes these short-term stock recommendations:
AMR Corporation (NYSE:AMR) - BUY - http://pr.stockpickreport.com/AMR.htm
Nokia (NYSE:NOK) - BUY - http://pr.stockpickreport.com/NOK.htm
Cerner (NASDAQ:CERN) - SELL - http://pr.stockpickreport.com/CERN.htm
Best Buy Company Inc. (NYSE:BBY) - BUY - http://pr.stockpickreport.com/BBY.htm
Starbucks (NASDAQ:SBUX) - SELL - http://pr.stockpickreport.com/SBUX.htm
AMR Corporation (NYSE:AMR)
StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/AMR.htm
AMR Corporation's operations fall almost entirely in the airline industry.
The stock's closing-price short-term average fell since the last 5 trading sessions. Analysis shows AMR's average short-term volume continues to trend higher. Our research indicates that AMR should maintain the current trade channel based on short-term oscillating stochastic charts.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying AMR) at current levels offers traders a nice chance for a profitable trade.
For clarification on how we rate AMR a BUY, please visit: http://pr.stockpickreport.com/AMR.htm.
> Nokia (NYSE:NOK)StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/NOK.htm
Nokia has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks.
NOK stock-holders may want to recognize that short-term oscillating stochastic charts indicate the stock price should continue the prevalent direction. In addition, the stock's price stepped lower throughout the recent couple of trading sessions based on it's 1-week moving average of it's 15- period end-of-day moving average. In conclusion, the stock's daily number of shares traded continues to move up.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying NOK) at current levels offers traders a nice chance for a profitable trade.
For clarification on how we rate NOK a BUY, please visit: http://pr.stockpickreport.com/NOK.htm.
> Cerner (NASDAQ:CERN)StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/CERN.htm
Cerner designs, develops, markets, installs, hosts and supports information technology and content solutions for healthcare organizations, consumers, physicians, and healthcare providers.
CERN's 15-day price rate-of-change average ended the last trading session lower than the closing-price a week ago. Research finds that the stock's 15-period average of trading volume climbed during the previous seven-day period. Subsequently, the stock is in transition, however, it may reverse course soon based on recent oscillating stochastic readings.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of CERN) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate CERN a SELL, please visit: http://pr.stockpickreport.com/CERN.htm.
> Best Buy Company Inc. (NYSE:BBY)StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/BBY.htm
Best Buy Company, Inc. is a specialty retailer of consumer electronics, home office equipment, entertainment software and appliances.
It's end-of-day price slipped down throughout the recent couple of sessions as indicated by a 5-day average of the 3-week end-of-day average. And, we see that BBY's daily volume still continues to rise. Subsequently, near-term oscillating stochastic numbers give rise to the idea that the stock's prices should keep up the prevailing bias.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying BBY) at current levels offers traders a nice chance for a profitable trade.
For clarification on how we rate BBY a BUY, please visit: http://pr.stockpickreport.com/BBY.htm.
> Starbucks (NASDAQ:SBUX)StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/SBUX.htm
Starbucks purchases and roasts high-quality whole bean coffees and markets them.
SBUX stock-holders may wish to consider that short-term stochastic readings argue that the stock will sustain the recent channel. Meanwhile, traders that hold shares of SBUX might want to observe that the stock's closing price fell throughout the previous few trading days as indicated by a weekly average of the longer term average. Subsequently, SBUX's average daily volume continues to move higher.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of SBUX) at current levels is the logical move at this time.
For clarification on how we rate SBUX a SELL, please visit: http://pr.stockpickreport.com/SBUX.htm.
> 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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