SOURCE: Market Pulse

June 03, 2008 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Tuesday, June 3, 2008: NCEN, BEXP, KDKN, GRMN

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

ATLANTA, GA--(Marketwire - June 3, 2008) - Market Pulse is pleased to introduce our featured stock, NACEL Energy Corporation (OTCBB: NCEN), to the investment community! NACEL Energy Corporation is new to Market Pulse and is poised to become a significant player in the energy and utilities industry! NACEL Energy just had excellent news out in a press release before today's opening bell announcing they achieved their objectives with 640 MW wind power in development. The company also said it set a new 1000 MW target and prepares itself for rapid expansion! 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:

Brigham Exploration Co. (NASDAQ: BEXP) : Market Outperform

Kodiak Energy Inc. (OTCBB: KDKN) : Attractive

Garmin Ltd. (NASDAQ: GRMN) : Bearish

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, the Commerce Department reported that construction activity fell 0.4 percent in April, following a 0.6 percent decline in March. The Institute for Supply Management said that its manufacturing index rose to 49.6 from 48.6 percent in April. The ISM index has been hovering near its lowest level in five years. Bonds rose. The dollar was mixed against other major currencies. Gold prices edged higher. Light, sweet crude for July delivery rose 41 cents to settle at $127.76 a barrel. Disappointing manufacturing data along with downgrades in the financial sector sent the markets tumbling to close sharply lower. The Dow Jones industrial average fell 134.50, or 1.06 percent, to 12,503.82. The Nasdaq composite fell 31.13, or 1.23 percent, to 2,491.53. The Standard & Poor's 500 fell 14.71, or 1.05 percent, to 1,385.67. The Russell 2000 index fell 7.26, or 0.97 percent, to 741.02.


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