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http://www.PSPicks.com, provider of Winning Microcap Stock Alerts, Penny Stock Rumor Alerts, High Quality Stocks, and Breakout Stock Plays, offers a newsletter to investors looking for the best stocks daily announced NYSE, AMEX, NASDAQ, and OTCBB Stocks Hitting New 52 Week Lows.
Huntington Beach, CA (PRWEB) October 13, 2012
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All three major US indexes logged their biggest weekly drop since the first week of June. The New 52-Week High/Low indicates a stock is trading at its highest or lowest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock’s performance. One popular strategy employed by stock traders is to purchase companies hitting new lows. Here are several companies PSPicks is watching.
Intel Corporation hit a new 52 week low of $21.40. The Company designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. PSPicks feels this is one to consider buying on the way down.
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ZaZa Energy Corporation hit a new low of $2.21. The Company together with its subsidiaries, engages in the exploration and development of unconventional onshore oil and gas resources in the United States and Europe.
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The stock hit a new low of $2.74. PSPicks is watching this a a potential day trade play.
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