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Article: Market Edge Upgrades Jefferson Pilot Corp. to Long (Buy).
- Article from:
- PR Newswire
- Article date:
- April 11, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, April 11 /PRNewswire/ --
Computrade Systems, Inc., developers of Market Edge(TM) and Second Opinion(TM), today upgraded Jefferson Pilot Corp. (NYSE: JP) to a Long (Buy).
Market Edge(TM) upgraded JP to Long (Buy) due to its improving technical conditions. The Market Edge(TM) Second Opinion(TM) notes that JP is under accumulation, has a strong upward chart pattern and has been outperforming the S&P 500 on a relative strength basis over the last 50 days. Stocks with a Long (Buy) opinion have positive supply and demand characteristics indicating a high likelihood of continued strong price performance over the near to intermediate term.
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