Tuesday September 26, 11:01 am Eastern Time
Press Release
SOURCE: Computrade Systems, Inc.
Market Edge Upgrades Valero Energy Corp. to Long (Buy)
ATLANTA, Sept. 26 /PRNewswire/ -- Computrade Systems, Inc., developers of Market Edge(TM) and Second Opinion(TM), today upgraded Valero Energy Corp. (NYSE: VLO - news) to a LONG (BUY).
Market Edge(TM) upgraded VLO to Long (Buy) due to its improving technical conditions. The Market Edge(TM) Second Opinion(TM) notes that VLO is under accumulation, has a strong upward chart pattern and has been outperforming the S&P 500 on a relative strength basis over the last 50 days. Stocks with a Long (Buy) opinion have positive supply and demand characteristics indicating a high likelihood of continued strong price performance over the near to intermediate term.
To view the entire Second Opinion(TM) report, go to stkwtch.com.
Computrade Systems, Inc., based in Atlanta, Georgia, is a privately-held information management company and is a leading provider of research to institutions, stockbrokers and private investors. Its Market Edge(TM) research service is a sophisticated, quantitatively based suite of investment tools that uses advanced computerized models to analyze over 5000 stocks listed on the New York Stock Exchange, American Stock Exchange and NASDAQ. Computrade's web site may be accessed at WWW.STKWTCH.COM. To contact Computrade, email support@stkwtch.com or call 1.888.STKWTCH.
Market Edge(TM) and Second Opinion(TM) are neither offers to sell nor solicitations of offers to buy any security.
SOURCE: Computrade Systems, Inc. |
