StocksAtBottom.com Announces Investment Opinions: Buy Ratings on Popular Stocks.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by StocksAtBottom.com WESTPORT, Conn.--(BUSINESS WIRE)--May 21, 2003 StocksAtBottom.com (http://www.StocksAtBottom.com) gives you these stock opinions for the short term: StocksAtBottom.com has continued to be positive on the current prospects of certain retailers including Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box (NYSE NYSE See: New York Stock Exchange :HD) and Best Buy (NYSE:BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ). In addition, the web based Coming from a Web server. See Web application. stock subscription service is positive on business prospects for technology stocks Sun Microsystems (NYSE:SUN), EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Corp (NYSE:EMC), and long time favorite Xerox (NYSE:XRX XRX Xerox Corporation (stock symbol) ). Home Depot has begun the process of getting its act together as its General Electric trained CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. begins to consolidate his power. Women shoppers may prefer the shopping experience at Lowes Companies to that of Home Depot. HD has responded by expanding inventories and rethinking its marketing efforts. With a 10% gain in HD's stock yesterday, we think the stock is on a roll and will shortly reassert itself as one of the institutional favorites institutional favorites See nifty fifty. . Retailer Best Buy is banking on the strategy that it can continue to take market share from its competitors. The giant electronics chain already accounts for 14% of all electronics sales in the United States. Sun Microsystems acknowledged by most to make the best servers in its industry has now entered the low-end server market ($2500) with its newly formed alliance with Oracle Systems. We believe Sun is going to make a real splash in this market. EMC's business is getting better as its CLARiiON platform continues to penetrate and gain market share. The stock has been on a quite a tear lately and has more left in it on the upside. StocksAtBottom.com has been a big fan of Xerox since it bottomed two years ago. The company has resolved many of its financial issues which led some to believe that bankruptcy was around the corner. Xerox has also made tremendous strides towards rejuvenating its marketing efforts and the bottom line is starting to show the results. Subscribers to StocksAtBottom.com have seen a 37% compounded growth pattern in their portfolios over the last four years which have included one of the century's worst market environments. All information presented herein is the opinion of StocksAtBottom.com. We do not own directly or indirectly any shares in the stocks that are mentioned in this article. |
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