Some recognition
posted on
Jan 30, 2006 04:49AM
ATLANTA, GA -- (MARKET WIRE) -- 01/30/06 --
Market-Pulse.com is pleased to introduce our featured stock, China Direct Trading Corporation (CHDT - news) , to the investment community! China Direct is poised to become a significant player in the marketing, sales and distribution of Chinese commodities and manufactured goods! China Direct has had several excellent news announcements out lately and one again before Monday`s opening bell announcing that it has acquired a controlling interest in Complete Power Solutions, LLC (COPO). Based on current revenue growth, COPO is projecting a 300% increase in FY2006 gross revenues! Investors should be watching this one closely! Other notable stocks that look great lately from a fundamental and technical perspective are:
Microsoft Corp. (MSFT - news) : Market Outperform
Patriot Scientific Corp. (PTSC - news) : Attractive
Lucent Technologies Inc. (LU - news) : Bearish
Recommendation Meanings
These recommendations are investment opinions of Market-Pulse.com and reflect the stock`s potential to move over the next one to four weeks of trading. This analysis is done from a technical and fundamental perspective.
After Friday`s Bell Market Commentary
On Friday, U.S. crude for March delivery climbed $1.50 to settle at $67.76 a barrel. The U.S. economy slowed to a growth rate of 1.1% annually during the 4th quarter beset by higher energy costs and less consumer spending. The Commerce Department reported that new home sales in 2005 climbed 6.6% to a new high of 1.28 million units, the fifth straight year of record sales. For the month of December, sales of new single family homes surprised analysts by going up 2.9%. Strong corporate earnings lifted the markets to close higher. The Dow Jones industrial average was up 97.74 points, or 0.90 percent, to end at 10,907.21. The Nasdaq Composite Index was up 21.23 points, or 0.93 percent, at 2,304.23. The Standard & Poor`s 500 Index was up 9.89 points, or 0.78 percent, at 1,283.72. The Russell 2000 gained 4 points to 732.
About Market-Pulse.com