SOURCE: Market Pulse

May 19, 2008 09:35 ET

Stocks on the Move for Monday, May 19, 2008: BCFT - Bancroft Uranium Begins Exploration on Elliott Lake Project!

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

ATLANTA, GA--(Marketwire - May 19, 2008) - Market Pulse is pleased to introduce our featured stock, Bancroft Uranium Inc. (OTCBB: BCFT), to the investment community! Bancroft Uranium Inc. is new to Market Pulse and is poised to become a significant player in the uranium industry! Bancroft Uranium just had excellent news out in a press release before today's opening bell announcing that the company has begun the 2008 exploration program on its Elliott Lake, Ontario uranium prospect! 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:

Energy Conversion Devices Inc. (NASDAQ: ENER) : Market Outperform

Sun Microsystems Inc. (NASDAQ: JAVA) : Bearish

Microsoft Corp. (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 Friday's Bell Market Commentary

On Friday, the markets closed little changed despite record oil prices as new home construction posted a surprise gain in April. Oil prices closed at a record high above $126 on a weakening dollar. Gold for June delivery climbed to an intraday high of $904.50. Consumer confidence plunged to a 28-year low. The Reuters/University of Michigan index of consumer confidence certainly highlighted the threat to economic growth, dropping to 59.5 in May. Starts on new U.S. homes rose by a surprisingly strong 8.2 percent in April, the biggest monthly increase in more than two years. The Dow Jones industrial average slipped 5.86 points, or 0.05 percent, to end at 12,986.80. The Nasdaq Composite Index dropped 4.88 points, or 0.19 percent, to 2,528.85. Standard & Poor's 500 Index inched up 1.78 points, or 0.13 percent, to 1,425.35. The Russell 2000 lost 2 points to 741.


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