SOURCE: Market Pulse

February 08, 2011 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Tuesday, February 8, 2011: AJGH, MU, OREX, MSFT

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - February 8, 2011) - Market Pulse is pleased to introduce our featured stock, American Jianye Greentech Holdings, Ltd. (OTCBB: AJGH), to the investment community! American Jianye Greentech Holdings, Ltd. is new to Market Pulse and is poised to become a significant player in the renewable energy industry! American Jianye Greentech Holdings, Ltd. just had excellent news out in a press release before today's opening bell announcing another milestone in the form of support from the Guangxi Provincial Government for the siting and construction of three new retail gas stations in Xiangzhou City! Just last week the company also reaffirmed their strong guidance for 2010! This could be great news for investors! Other notable stocks that should be closely watched due to existing fundamental and technical factors affecting each company include:

Micron Technology Inc. (NASDAQ: MU) : Market Outperform

Orexigen Therapeutics Inc. (NASDAQ: OREX) : Attractive

Microsoft Corporation (NASDAQ: MSFT) : Market Outperform

Stock Pick Meanings

These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.

After Monday's Bell Market Commentary
On Monday, mergers and acquisitions along with strong earnings lifted the markets to a higher close. The Dow closed higher for the sixth straight day. Capital goods, conglomerates and financial sectors led the rally, while energy stocks underperformed. Egyptian government officials met with opposition leaders in an effort to end the nearly two weeks of political unrest that has ground normal operations to a halt in Cairo. Banks had reopened but the stock market remained closed. The March crude oil contract slid $1.55 to settle at $87.48 a barrel. The most actively traded April gold contract shed 80 cents after rising higher earlier to settle at $1,348.20 an ounce. The dollar index traded flat against a basket of currencies. The benchmark 10-year Treasury fell 3/32, lifting the yield to 3.650%. The Federal Reserve said consumers increased their borrowing by $6.1 billion in December to a seasonally adjusted rate of $2.41 trillion, a gain of 3%. Borrowing in the credit card category rose 3.5%, the first advance since 2008. Still, overall borrowing remains 6.6% below the July 2008 peak. The Dow Jones industrial average rose 69.48 points, or 0.6 percent, to 12,161.63. The Nasdaq composite gained 14.69, or 0.5 percent, to 2,783.99. The Standard & Poor's 500 index rose 8.18, or 0.6 percent, to 1,319.05. The Russell 2000 index rose 8.21, or 1.03 percent, to 808.32.

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