Zacks.com Announces That Dr. Melvin Pasternak Highlights the Following Stocks: Nam Tai Electronics, Harmonic, Ceragon Networks, Intevac and BJ Services.CHICAGO -- Dr. Melvin Pasternak, editor of the StreetAuthority Swing Trader newsletter, thinks the S&P will have a tough time making a meaningful new high. Learn about Nam Tai Electronics Inc. (NYSE NYSE See: New York Stock Exchange :NTE (NT Embedded) See Windows XP Embedded. ), Harmonic (Nasdaq:HLIT), Ceragon Networks (Nasdaq: CRNT CRNT Current ), Intevac (Nasdaq:IVAC IVAC Islington Voluntary Action Council (England, UK) IVAC Insert Valid Access Card (satellite TV hacking) IVAC International Video & Audio Convention IVAC Idle Air Control Valve ) and BJ Services (NYSE:BJS Noun 1. BJS - the agency in the Department of Justice that is the primary source of criminal justice statistics for federal and local policy makers Bureau of Justice Statistics ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Highlights from the February 20 Featured Expert column by Dr. Melvin Pasternak include: A sampling of long candidates: Nam Tai Electronics Inc. (NYSE:NTE) makes electronic components used in products such as cell phones and laptop computers. Dr. Pasternak highlighted the shares in the December 19th newsletter at $22.50. The stock has since rallied as high as $24.48. Harmonic (Nasdaq:HLIT) sells digital video and fiber optic systems to cable and satellite companies. Dr. Pasternak flagged the stock in the February 6th newsletter at $5.85. The shares then advanced to a peak of $6.42 before retreating. Ceragon Networks (Nasdaq:CRNT) manufactures broadband network equipment for wireless companies. The stock has broken a major downtrend downtrend A series of price declines in a security or the general market. Many analysts feel that investors should avoid securities in a downtrend until the pattern is broken. Compare uptrend. line that began near $7 in January 2005. If CRNT can break through $5, then it should be able to test $6. Intevac (Nasdaq:IVAC) provides equipment for film coatings used in computer hard drives. The stock has been extremely strong over the last few months, nearly doubling from its December low of $11.37. IVAC appears to have found support above round number resistance at $20. BJ Services (NYSE:BJS) has retreated from a late-January peak of $42.85 to a low of $32.39 on Wednesday. The rising 200-day moving average at $32.34 is likely to provide good support. RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. has retreated to below 30, so the shares are deeply oversold Oversold In technical analysis, it is a market in which the volume of selling that has occurred is greater than the fundamentals justify. Notes: It is the opposite of overbought. . Read Dr. Melvin Pasternak's commentary regarding recent S&P movements and take a look at some more stocks by clicking: http://at.zacks.com/?id=85 About Zacks Featured Experts Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=87 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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