SOURCE: The Bedford Report

The Bedford Report

August 24, 2010 09:30 ET

Tuesday's Stocks to Watch -- Rio Tinto, BHP Billiton, Trina Solar and Bank of America

Note to Editors: The Following Is an Investment Opinion Being Issued by The Bedford Report

TORONTO--(Marketwire - August 24, 2010) -  The Bedford Report provides investors in-depth analysis on market movers such as Rio Tinto PLC (NYSE: RTP), BHP Billiton Ltd. (NYSE: BHP), Trina Solar Ltd. (NYSE: TSL) and Bank of America Corporation (NYSE: BAC). Sign up today at www.bedfordreport.com to access our complimentary analyst reports.

Investors seem unimpressed that Rio Tinto and an unnamed Chinese partner are considering a bid for Potash Corp. Shares of Rio Tinto opened down sharply as the company looks to be in a bidding war with BHP Billiton for Potash Corp. We encourage you to sign up free at www.bedfordreport.com for an in-depth review the ongoing Potash Corp acquisition drama.

Also this morning, China's Trina Solar reported second quarter earnings of 52 cents a share on revenues of $370.8 million. Moreover, the company stated that demand was expected to be strong. Earnings crushed consensus analyst estimates, but share price sputtered in pre-market trading. To find out why, and for Trina's outlook going forward, sign up today at www.bedfordreport.com.

The Bedford team has also taken notice of some interesting indicators on Bank of America's technical charts. We think the stock could finally be ready to break its downtrend, and provide free, in-depth technical analysis on BAC at www.bedfordreport.com.

Take the few minutes to register with us at www.bedfordreport.com and get access to numerous company reports and industry newsletters and stay abreast of market highlights so you can make the best investment decisions at the right time. Like you, we realize that timing is everything and so we only put out updates and analysis when the markets are ripe for immediate action.

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