CybeRelease: Last week of Summer - Summertime Blues Turn to Autumn Opportunities
(CybeRelease, August 28, 2006) - Lake Harmony, PA - Itís probably best to enjoy summer without worrying about the market, especially because itís almost always the weakest period of the year. However, that doesnít mean we shouldnít locate special opportunities now and I thought it would be interesting to identify some of the best performing companies over the past month that were softened up during the dog days of summer, Alvarion Ltd (NASDAQ: ALVR), Harmonic Lightwaves Inc (NASDAQ: HLIT), and Travelzoo Inc (NASDAQ: TZOO), operate in the 3 best performing industries, Telecommunications Equipment, General Mining and Travel & Tourism, over the last month and have the momentum going forward into fall.
By locating the companies that were hit hard during the summer, but have made a solid recovery in August, yet not too far a move to eclipse its 52-week high, we may find some of the issues primed for biggest moves of the last part of this year.
Surprisingly none of the mining stocks made the list, but one of the companies, Texxon (OTC BB: TXXN), is a crossover product. The Companyís TelePlus subsidiary provides international communication services for the global traveler.
CybeRelease Gainers are Airspan Networks Inc. (Nasdaq: AIRN), Expedia, Inc. (Nasdaq: EXPE), Travelzoo Inc. (Nasdaq: TZOO), Ambassadors International, Inc. (Nasdaq: AMIE), priceline.com Incorporated (Nasdaq: PCLN), XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) and Brocade Communications Systems, Inc. (Nasdaq: BRCD).
CybeRelease Decliners are Daktronics, Inc. (Nasdaq: DAKT), CORUS Bankshares, Inc. (Nasdaq: CORS), Cephalon, Inc. (Nasdaq: CEPH), Healthways, Inc. (Nasdaq: HWAY), Illumina, Inc. (Nasdaq: ILMN), BankUnited Financial Corporation (Nasdaq: BKUNA and Wynn Resorts, Limited (Nasdaq: WYNN).
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