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ValuEngine Upgrades Suncor Energy, Denbury Resources To A 5 Rating
(InvesTrend Via Acquire Media NewsEdge)
October 10, 2008 (FinancialWire) (Investrend Research Syndicate) --
ValuEngine, Inc. (http://www.valuengine.com) upgraded five companies,
including Suncor Energy Inc (NYSE: SU), Denbury Resources Inc (NYSE:
DNR), Cia De Saneamento Basico Do Esta (NYSE: SBS), and Mobile
Telesystems Ojsc (NYSE: MBT), to a 5 rating, the service s highest.
The ValuEngine Rating is an overall assessment of a stock's
attractiveness. It combines the following five factors: ValuEngine s
proprietary valuation, risk-return tradeoff, momentum, market
capitalization and ValuEngine s proprietary forecasted one-month return.
Also upgraded to a 5 rating was Georesources, Inc. (NASDAQ:
GEOI).Approximately 80 to 85 companies achieve this highest ValuEngine
rating out of VE s total coverage of over 5,000 publicly traded
companies. These ratings are computed daily and are often discussed on
financial broadcasts on General Electric (NYSE: GE) unit CNBC, Fox s
(NYSE: FOX) Fox News Channel, Bloomberg TV, and AOL Time Warner (NYSE:
AOL) unit CNNfn by leading market forecasters such as Richard Suttmeier.
The full ValuEngine analysis is available by subscription at
www.ValuEngine.com or in company specific research reports at
http://www.VEReports.com. ValuEngine is an affiliate of Investrend
Research and the reports, as well as proprietary research on some
20,000 public companies, may be accessed at
http://www.investrendresearch.com , the Web s center for independent
research.
ValuEngine.com is a stock valuation, investment forecasting service.
The company was co-founded by Dr. Zhiwu Chen, a professor of finance at
Yale University's School of Management. Dr. Chen, with the ValuEngine
research team, developed and tested the VE Stock Valuation Model,
econometric models for forecasting, and the VE portfolio construction,
tracking and advisory products.
ValuEngine is a member of the FIRST Research Consortium and
participates in the organization s standards development panel for
independent research providers. The Standards for Independent Research
Providers may be viewed at http://www.firstresearchconsortium.com .
FinancialWire is a fully independent, proprietary news wire service of
Investrend Information (a division of Investrend Communications, Inc.).
FinancialWire news is written by professional journalists, dedicated
to pure journalistic standards. FinancialWire does not receive or
accept any compensation from any individual or subject company (or
representative thereof) for its news or opinions. All FinancialWire
news is available at http://www.financialwire.net . Please address any
inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available
at http://investrend.ar.wilink.com/?level=279 .
(Distributed for Investrend Communications, Inc. via M2 Communications
Ltd (www.m2.com))
Copyright ? 2008 M2 Communications Ltd.
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