SOURCE: Market Pulse

June 05, 2007 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Tuesday, June 5, 2007: PEP, RIMM, TELK, XOM

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

ATLANTA, GA--(Marketwire - June 5, 2007) - Market Pulse is pleased to introduce our featured stock, Petrostar Petroleum Corporation (TSX-V: PEP), to the investment community! Petrostar is new to Market Pulse and is poised to become a significant player in the oil and gas exploration industry! Petrostar just had excellent news out in a press release before today's opening bell announcing the successful completion of its initial field testing of its Enhanced Oil Recovery Technology or as it is currently described as its Down Hole Heating Device (DHT)! Investors need to go to the company's website and review this exciting technology! The company believes it can deliver the DHT at a cost that can effectively and economically revitalize tens of thousands of proven North American medium and heavy oil wells! 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:

Research In Motion Ltd. (NASDAQ: RIMM) : Market Outperform

Telik Inc. (NASDAQ: TELK) : Bearish

Exxon Mobil Corp. (NYSE: XOM) : 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, oil futures jumped more than $1 a barrel. Light, sweet crude for July delivery rose $1.13 to settle at $66.21 a barrel. The dollar slipped against other major currencies, while gold prices also fell. The markets closed modestly higher despite a weakness in factory orders as investors focused on mergers and acquisitions activity and shook off an 8.3 percent slide in the benchmark Shanghai Composite Index. The Commerce Department reported that orders to U.S. factories were weaker than expected in April. The report showed 0.3 percent in manufacturing growth in April, and economists expected a rise of 0.7 percent after a 3.1 percent jump in March. The Dow rose 8.21, or 0.06 percent, to 13,676.32. The Nasdaq composite index rose 4.37, or 0.17 percent, to 2,618.29. The S&P 500 index rose 2.84, or 0.18 percent, to 1,539.18. The Russell 2000 index was up 1.68, or 0.20 percent, at 855.09.


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