Zacks.com announces that Dr. Melvin Pasternak highlights the following stocks: Autodesk, H&R Block, Red Hat, and Brink's.CHICAGO -- Dr. Melvin Pasternak, editor of the StreetAuthority Swing Trader newsletter, says the catalyst for the recent rally seemed to be the conclusion of the Treasury auction. Learn about Autodesk (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) ), H&R Block (NYSE NYSE See: New York Stock Exchange :HRB HRB H&R Block, Inc. HRB Harbin, China (Airport Code) HRB Human Resources Branch (Canada) HRB Haiti International Airline (ICAO code) HRB Human Rights Bureau ), Red Hat (NASDAQ:RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ) and Brink's (NYSE:BCO BCO Banco BCO Boulder, Colorado BCO Biodiversity Convention Office (Canada) BCO Beneficial Cargo Owner (importer of record who takes possession of cargo at destination) ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Highlights from the November 14 Featured Expert column by Dr. Melvin Pasternak include: A sampling of long candidates: Autodesk (NASDAQ:ADSK) -- Dr. Pasternak first identified software maker AutoDesk as an interesting long trade in his October 12th newsletter when the shares were trading at $42.98. The stock then rallied and hit a peak of $48.27 before seeing profit taking. ADSK remains in a strong uptrend. H&R Block (NYSE:HRB) -- H&R Block prepares tax returns and markets financial products such as insurance and annuities. Dr. Pasternak spotted the stock at $24.56 in the October 31st newsletter. The stock skidded from near $30 in early July to a low near $23 in mid-October. HRB appears to be forming a rounding bottom. Red Hat (NASDAQ:RHAT) -- Dr. Pasternak highlighted RHAT in his October 31st newsletter at $22.15. The stock then handily hand·i·ly adv. 1. In an easy manner. 2. In a convenient manner. Adv. 1. handily - in a convenient manner; "the switch was conveniently located" conveniently 2. broke through resistance, testing round-number resistance at $25. RHAT continues to have excellent relative strength. Brink's (NYSE:BCO) -- Brinks operates armored cars and provides other security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the worldwide. The company also operates foreign trucking services, including a German company called BAX that has been the subject of buyout rumors. Brink's is in a flag formation with resistance at $47.36, just above where it closed Friday. Read Dr. Melvin Pasternak's commentary regarding the recent rally 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 to buy or sell any security. |
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