Stocks to Watch for Tuesday, December 15, 2009: CTEI -- Cemtrex's Green DCV Approved for Energy Management System Rebate by Xcel
16 December 2009 - 1:00AM
Marketwired
Market Pulse is pleased to introduce our featured stock, Cemtrex
Inc. (OTCBB: CTEI), to the investment community! Cemtrex Inc. is
new to Market Pulse and is poised to become a significant player in
the scientific and technical instruments technology industry!
Cemtrex Inc. just had excellent news out in a press release before
today's opening bell announcing that Xcel Energy of Colorado shall
give a 20% rebate to customers who install Cemtrex's Green DCV
equipment as part of energy management system in their buildings!
The company also said they are working with several utilities
nationwide to setup a similar rebate program which would create
additional incentives for increased sales! 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:
Apple Inc. (NASDAQ: AAPL): Market Outperform
Blue Gem Enterprise (OTCBB: BGEM): Attractive
SIGA Technologies Inc. (NASDAQ: SIGA): 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, the markets closed modestly higher. Investors were
optimistic about mergers and acquisition activity. Exxon Mobil said
it would acquire XTO Energy Inc. The Middle Eastern city-state Abu
Dhabi stepped up with $10 billion to pay down part of Dubai World's
debt. The dollar fell against other currencies. Gold rose. Oil fell
36 cents to settle at $69.51 a barrel. The yield on the benchmark
10-year Treasury note rose. The Dow rose 29.55, or 0.3 percent, to
10,501.05, its highest close since October last year. The Nasdaq
composite index rose 21.79, or 1 percent, to 2,212.10. The S&P
500 index rose 7.70, or 0.7 percent, to 1,114.11, its highest
finish since October last year. The Russell 2000 index rose 9.42,
or 1.6 percent, to 609.79.
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company. MP has been compensated five thousand dollars from Cemtrex
Inc. In addition, MP was also compensated one hundred thousand
restricted shares of Cemtrex Inc. by the company. Additionally, MP
has pending five thousand dollars and fifty thousand restricted
shares of Cemtrex Inc. by the company. MP's officers and directors
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