To: Annette who wrote (24787 ) 7/2/1999 7:22:00 PM From: DOUG H Respond to of 41369
This'll get ya in the mood. Bring on the fireworks! Top 25 Momentum Companies for date of Friday, July 02, 1999 U.S. Markets Closed America Online (76 points) continued to receive the most bullish comments from Wall Street as 19 firms gave the stock a "buy" rating in the last 90 days despite it's volatile trading pattern. Medtronic stormed into second place with a score of 68 points on the strength of 17 buy ratings from the brokerage community. Click here for an explanation of how the Nordby Momentum Ratings were developed. Click here for a list of all brokerage firms from which the Nordby Momentum Ratings are compiled. Rank Symbol Momentum Rating Buys Holds Sells 1 AOL 76 19 0 0 2 MDT 68 17 0 0 3 WCOM 52 14 2 0 4 ALD 48 12 0 0 4 BMY 48 12 0 0 4 CSCO 48 12 0 0 4 ORCL 48 13 2 0 4 WLA 48 12 0 0 9 AMGN 44 12 2 0 9 BSX 44 11 0 0 9 CBS 44 11 0 0 9 TLAB 44 12 2 0 13 AMAT 42 11 1 0 13 INTC 42 12 3 0 13 SUNW 42 11 1 0 16 EMC 40 10 0 0 16 GDT 40 10 0 0 16 IBM 40 11 2 0 19 VSTR 38 10 1 0 19 WMT 38 10 1 0 21 ABT 36 10 2 0 21 ANF 36 9 0 0 21 CPWR 36 9 0 0 21 HWP 36 11 4 0 21 MRK 36 11 1 1 About Nordby Momentum Ratings The premise behind the Nordby Momentum Ratings is simple: the more analysts that cover a stock (within the past 90 days), the more clients that will follow their recommendations. The more clients in any single stock, the more money fueling that issue's advance. Taking this theory further, if only two analysts have a "buy" recommendation on a stock, that is not nearly as bullish as 15 analysts with a "buy" rating simply because there is not nearly as much money, and therefore, momentum behind the issue. After reviewing all of the broker reports for more than 5,000 stocks, it is our opinion that any stock with a score of 20 or higher is deserving of a closer look. View the methodology.