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TradingMarkets just released a proprietary stock rating method called PowerRatings. This method ranks stocks 1-10 and the higher the rating, the greater the one-week historical gain has been.
PowerRatings were created by Cesar Alvarez, Director of Research for Connors Capital, LLC. Cesar looked back at more than 5.5 million trades between Jan 1, 1995 and Dec 1, 2005. The results are based on the average 5-day performance.
To find out more about PowerRatings click here.
Bristol-Myers Squibb (PowerRating) (BMY | Quote | Chart | News | PowerRating) received FDA approval for ORENCIA (full story).
With no major earnings or announcements scheduled over the holiday period, the remainder of tonight's list is drawn from PowerRatings.
Petmed Express (PowerRating)
(PETS | Quote | Chart | News | PowerRating) and Red Hat (PowerRating) (RHAT | Quote | Chart | News | PowerRating) both fell into our Stocks To Avoid category.Geoglobal Resources (PowerRating) (GGR | Quote | Chart | News | PowerRating) and Burlington Resources (PowerRating) (BR | Quote | Chart | News | PowerRating) are from our Biggest Up Changes category.
Sirius Satellite Radio (PowerRating) (SIRI | Quote | Chart | News | PowerRating) was the third most requested PowerRating on 12/23.
NuroMetrix (PowerRating) (NURO | Quote | Chart | News | PowerRating) was the only stock to close the week with a PowerRating of 10.
Ashton Dorkins
ashtond@tradingmarkets.com
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