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Technology Stock Advisor News Alert: New Companies Added to Technology Stock Watch List

Technology Stock Advisor Adds AZZ Incorporated and TTM Technologies To Technology Stock Watch List
 

FOR IMMEDIATE RELEASE

PR Log (Press Release)Jun 04, 2008 – Raleigh, N.C. The Technology Stock Advisor, an online newsletter investment advisor with a patented stock selection methodology for picking technology stocks, added two new stocks to the newsletter’s watch list today.

“Our watch list stocks are good companies in the right high tech industrial value chains in America,” said Thomas Vass, the investment advisor who runs the online newsletter. Watch list stocks meet some, but not all, of the rigorous evaluation criteria established by the patent for selecting a stock for investment,” explained Vass.

In this case, both AZZ and TTM Technologies meet the initial screening criteria for the right type of technology, and some of the right financial criteria, such as stable or increasing revenues over a 3-year period of time.

“I like what the senior management of the companies are doing in managing their resources,” said Vass. The current drawback for our patented stock selection method is the absence of dividends and in one case, too much long-term debt. If they can get that part of their operations in line, then they would be terrific investment candidates.”

Companies placed in the Technology Stock Advisor Watch List are monitored on a daily basis for news and financial updates to determine if the screening criteria for entering the next level of monitoring will be met at a future time.

Currently, there are about 400 technology companies being monitored in the TSA Watch List. When a company on the watch list meets all of the screening criteria, they move from the watch list into one of the three active stock lists, A, B, or C, as defined by the quality rating provided Standard & Poor’s, the world’s foremost provider of independent credit ratings, indices, risk evaluation, investment research and data.

“We have a total of about 150 companies that are in the active stock lists,” said Vass. “The patented process used by the Technology Stock Advisor sets buy limits and sell limits on prices, so even if a company is on the active list, its current stock price may not be in the buy range, even if all the other screening criteria are met,” he explained.

About AZZ: (Symbol AZZ) AZZ Incorporated, based in Fort Worth, Texas, manufactures electrical equipment and components for power generation, transmission, and distribution, as well as for industrial markets in the United States. Of the nine high technology industrial clusters, the company fits into the industrial machinery cluster.

About TTM Technologies: (Symbol TTMI) TTM Technologies, Inc. located in Santa Ana, California, provides printed circuit boards and backplane assemblies in the United States and internationally. The company serves commercial markets, and aerospace and defense markets, including the networking/communications infrastructure sectors. The company is an intermediate supplier to the Information Services value chain.

About The Technology Stock Advisor www.technologystockadvisor.com The Technology Stock Advisor is an online weekly newsletter that covers the high technology industrial clusters in America. The newsletter provides stock advice, insights and market commentary on trends in technological innovation in America. The patent for selecting high technology stocks held by Technology Stock Advisor is based upon the theoretical insights of Wassily Leontief regarding how certain technological industrial sectors trade with each other. The methodology for deriving the nine high technology clusters was pioneered by Professor Ed Feser, of the University of Illinois.
The nine high technology value chain main categories are:
1.   Chemicals
2.   Precision Instruments
3.   Engine Equipment
4.   Computer and Electronic Equipment
5.   Information Services
6.   Pharmaceuticals
7.   Fertilizer and Chemical Products
8.   Industrial Machinery and Distribution Equipment
9.   Aerospace

# # #

About The Technology Stock Advisor www.technologystockadvisor.com The Technology Stock Advisor is an online weekly newsletter that covers the high technology industrial clusters in America. The newsletter provides stock advice, insights and market commentary on trends in technological innovation in America. The patent for selecting high technology stocks held by Technology Stock Advisor is based upon the theoretical insights of Wassily Leontief regarding how certain technological industrial sectors trade with each other. The methodology for deriving the nine high technology clusters was pioneered by Professor Ed Feser, of the University of Illinois.


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Email Contact:Click to email
Issued By:The Private Capital Market, Inc
Website:http://www.technologystockadvisor.com
Phone:9199754856
Address:6001 Waters Way
Zip:27606
City/Town:Raleigh
State/Province:North Carolina
Country:United States
Categories:Finance, Technology, Business
Tags:technology stocks, investing, investing advice
Shortcut:http://prlog.org/10077629

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