Dec 9, 2010

Stock recommendations today

Jakarta Composite Stock Index is predicted to continue its gain today. However, investors also should be aware of profit taking against a number of stocks that have posted a high increase. HRUM, ADRO, and PGAS are a number of stocks deserve for a closely watch. Here are the full recommendations taken from several securities companies as reported by today:

e-Trading Securities:
JCI is expected to move within a range of 3,700-3,800 in today's trading. The shares that can be considered to watch include HRUM, ADRO, INTP, and JSMR.
Yesterday, the index was closed higher 1.28% or 47.65 points to a level of 3,769.99. Foreign investors recorded a net buy amounting IDR204 billion. The index still has potency to continue its gain and break its highest level at 3,777.

Erdikha Sekuritas:
The index is predicted to move within a range of 3,700-3,790 today. ADRO, PGAS, and SMGR are included in recommended stock list.
Technically, the index will be increase, but investors should be aware on profit-taking action of some stocks that has posted a big gain. Meanwhile, yesterday, the increase in the index was bolstered by blue chip stocks including mining and miscellaneous industry.

Disclosure: No position at the stocks mentioned above. 

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