SOURCE: Market Pulse

August 25, 2009 09:00 ET

Stocks to Watch for Tuesday, August 25, 2009: MNGA -- MagneGas Appoints Internal Manufacturer's Rep to Further Promote Fuel Sales in the $680 MM Metal Working Market!

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

ATLANTA, GA--(Marketwire - August 25, 2009) - Market Pulse is pleased to introduce our featured stock, MagneGas Corporation (OTCBB: MNGA), to the investment community! MagneGas Corporation is new to Market Pulse and is poised to become a significant player in the $680 million metal cutting market! MagneGas Corporation just had excellent news out in a press release before today's opening bell announcing that it now has the infrastructure in place to support existing and future partner sales efforts in Florida with the appointment of its internal manufacturer's rep! The company said that the appointment of Michael Cokas as the Company's first manufacturer's rep is a move consistent with that plan, and one that demonstrates the Company's commitment to quickly addressing the $680 MM metal working market! 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:

Dell Inc. (NASDAQ: DELL): Market Outperform

MultiCell Technologies Inc. (OTCBB: MCET): Attractive

Advanced Micro Devices Inc. (NYSE: AMD): 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, stocks pulled back from early highs and four days of gains to close flat. Investors are anxious ahead of the Conference Board's consumer confidence index and the Reuters/University of Michigan report on consumer sentiment Friday, while the Commerce Department reports on new home sales for July on Wednesday. Bond prices rose as investors prepared for $197 billion in auctions this week. The dollar rose slightly against other major currencies. Gold prices fell. Oil prices rose 48 cents to $74.37 a barrel. The Dow rose 3.32, or less than 0.1 percent, to close at 9,509.28, after earlier rising as much as 82 points. The Nasdaq composite index fell 2.92, or 0.1 percent, to close at 2,017.98. The Standard & Poor's 500 index fell 0.56, or 0.1 percent, to close at 1,025.57. The Russell 2000 index slipped 1.27, or 0.2 percent, to close at 580.24.


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