Stock Market Ratings by StockPickReport.com for Sprint PCS Group, Ford Motor, SanDisk, Wells Fargo, HCA Inc.
SHREVEPORT, La.--(BUSINESS WIRE)--June 13, 2003
StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw) makes these short-term stock recommendations:
Sprint PCS Group (NYSE:PCS) - STRONG SELL -
Ford Motor (NYSE:F) - BUY -
SanDisk (NASDAQ:SNDK) - SELL -
Wells Fargo (NYSE:WFC) - WEAK BUY -
HCA Inc. (NYSE:HCA) - BUY -
Sprint PCS Group (NYSE:PCS)
StockPickReport.Com Rating: STRONG SELL
Sprint PCS Group operated PCS systems in a multitude of metropolitan markets.
PCS traders might want to consider that PCS's near-term oscillating stochastic figure predicts that a notable fall lower should be in the cards. Also, prices moved to higher ground for PCS during the most recent 5 day period. Finally, the near-term bias for PCS's volume is losing momentum.
Our research indicates significant downside ahead for PCS. We believe stop/losses should be raised in an attempt to preserve capital.
For clarification on how we rate PCS a STRONG SELL, please visit:http://pr.stockpickreport.com/PCS.htm.
Ford Motor (NYSE:F)
StockPickReport.Com Rating: BUY
Ford Motor's principal activities are within two principal business segments, automotive and financial services.
The near-term direction for the stock's volume is getting weaker. Meanwhile, based on short-term stochastics, we believe the stock will be moving higher. Subsequently, F's closing price moved higher over the last week or so.
Our research indicates probable upside for F from current prices. F could see gains from here but those gains may not be striking on a percent basis compared to a stock with a Strong Buy rating.
For clarification on how we rate F a BUY, please visit:http://pr.stockpickreport.com/F.htm.
StockPickReport.Com Rating: SELL
SanDisk designs, manufactures, and markets solid-state mass storage products.
The near-term trend for SNDK's volume seems to be losing momentum. Likewise, short-term stochastics reflect levels commonly associated with a move lower. In conclusion, the stock's price headed to higher ground for SNDK in the last week.
Our research indicates probable downside for SNDK from current prices. SNDK could see losses from here but those losses may not be striking on a percent basis.
For clarification on how we rate SNDK a SELL, please visit:http://pr.stockpickreport.com/SNDK.htm.
Wells Fargo (NYSE:WFC)
StockPickReport.Com Rating: WEAK BUY
Wells Fargo provides banking, insurance, investment, mortgage banking and consumer financing services.
Investors should take note that the stock's closing price climbed higher over the most recent 5 day period. And, technical analysis of WFC's most recent short-term stochastic chart leads us to hold the opinion that WFC's price will reverse direction soon. Finally, trading volume seems to be picking up.
Our research indicates possible upside from current prices for WFC. However, we do not advise the initiation of new long positions at these prices. Profit-taking may be ahead for WFC.
For clarification on how we rate WFC a WEAK BUY, please visit:http://pr.stockpickreport.com/WFC.htm.
HCA Inc. (NYSE:HCA)
StockPickReport.Com Rating: BUY
HCA Inc. owns and operates hospitals and related health care entities in the United States.
HCA's end-of-day price is higher over the last week. In addition, based on short-term stochastics, we believe the stock will be moving higher. Finally, the recent trend for HCA's volume seems to be losing momentum.
Our research indicates probable upside for HCA from current prices. HCA could see gains from here but those gains may not be striking on a percent basis compared to a stock with a Strong Buy rating.
For clarification on how we rate HCA a BUY, please visit:http://pr.stockpickreport.com/HCA.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.
StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.
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.
StockPickReport.Com's goal is to provide stock research FREE from bias or conflicts. You can get your FREE trial to StockPickReport.Com at http://www.stockpickreport.com/?src=bw
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|Date:||Jun 13, 2003|
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