SOURCE: Market Pulse

May 14, 2008 09:00 ET

Stocks to Watch for Wednesday, May 14, 2008: BCFT - Bancroft Uranium Updates Progress With First Nations and Initiates Program to Increase Monmouth Uranium Project Claim Holdings!

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

ATLANTA, GA--(Marketwire - May 14, 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 an update of the status of ongoing discussions with local First Nations representatives regarding its Monmouth Uranium Project, located near Gooderham, Ontario! Before Tuesday's bell Bancroft announced in a press release it initiates program to increase Monmouth Uranium Project claim holdings! 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

Firstgold Corp. (OTCBB: FGOC) : Attractive

Applied Materials Inc. (NASDAQ: AMAT) : Market Underperform

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 Tuesday's Bell Market Commentary

On Tuesday, the markets closed mixed. The Commerce Department reported that retail sales fell by 0.2 percent in April. The National Association of Realtors said the median value of existing U.S. single-family home sales in metropolitan areas fell 7.7 percent in the first quarter from a year ago. Oil prices rose to a trading record of $126.98 a barrel and later settled up $1.57 at $125.80. Bond prices fell. Gold for June delivery closed at $869.60 an ounce. The U.S. dollar climbed against other major currencies. The Dow Jones industrial average fell 44.13, or 0.34 percent, to 12,832.18. The Nasdaq composite index rose 6.63, or 0.27 percent, to 2,495.12. The Standard & Poor's 500 index fell 0.54, or 0.04 percent, to 1,403.04. The Russell 2000 index of smaller companies rose 3.62, or 0.49 percent, to 736.85.


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