Wall Street News Alert's "stocks to watch" this morning are: Axis Technologies Group, Inc. (PINKSHEETS: AXTG), Texas Instruments Inc. (TI) (NYSE: TXN), Lowe's Companies, Inc. (NYSE: LOW) and Staples Inc. (NASDAQ: SPLS).
Axis Technologies Group, Inc. (PINKSHEETS: AXTG) is a new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. The company issued a press release Monday after the markets closed, announcing that it will install the Axis Dimming/Daylight Harvesting (DDH) ballasts in two Harrah's Casinos parking garages in New Jersey, with additional installations expected to follow at various Harrah's locations.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Axis Technologies! "We are thrilled to have established this relationship with Harrah's and feel the installation of Axis products in their facilities is a significant milestone for our company," said Kip Hirschbach, CEO of Axis. "With revenues of over $7.1 billion in 2005 and 39 locations we feel that Harrah's is an account that will provide Axis with enormous growth potential in the near term," added Hirschbach.
Continue to watch this company! Yesterday it was announced that the company has been rated "Outperform" with a target price of $3.06 by Beacon Equity Research. The stock of the company went from virtually not trading, to trading over 4.3 million shares and closing up over 16% to close at $1.05.
In the report, the analyst writes, "Axis Technologies markets energy-saving daylight dimming/daylight harvesting ballasts for the commercial light sector. Axis has spent well over four years developing their energy-saving products and has dubbed the Company as 'The Future of Fluorescent Lighting.' The Underwriters Laboratory (UL) has approved Axis' proprietary dimming/daylight harvesting ballast system in both the United States and Canada. The costs of the ballasts are priced to be very competitive, and Axis' ballast is the only product available that can be marketed as a daylight harvesting system replacement to a standard ballast. To date, Axis has sold, or has potential orders for about 500,000 units of their dimming/daylight harvesting ballast system. While Axis is a relatively small firm, it does have an advantage in that it has developed a superior product with lower overhead costs compared to a majority of its competition." The full report is available at http://www.BeaconEquityResearch.com.
In addition, it was also announced yesterday that Kennebunk Schools, in Kennebunk, ME, opted to install the Axis Technologies Dimming/Daylight Harvesting (DDH) ballast. The Axis DDH ballast incorporates a patented dipswitch that allows fixed-level dimming in 10% increments from 100% of output to 40% output, with a corresponding reduction in electrical energy. This means the fixture can be "tuned" to the light level desired, or to reduce "overlit" conditions. Further, a patented photocell attached to each ballast measures sunlight coming through windows or skylights and dims the fixture to as much as an 80% lighting reduction. This is all totally automatic and is unnoticed by building occupants.
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Axis CEO Kip Hirschbach recently stated, "We have recently added additional sales reps as the demand for our product grows in various regions. We are looking forward to a tremendous 2007 after receiving a multitude of inquiries from very high profile companies!"
This is a "MUST WATCH" company! With its' proprietary line of energy-saving ballasts, a huge market and high-profile companies beginning to install the product, the potential for this company to grow is tremendous.
For an in-depth profile of Axis Technologies, visit http://www.thenewssvc.com/AXTG111306.html
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
In case you are not familiar with the company: Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technology, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technology, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.
Texas Instruments Incorporated (TI) (NYSE: TXN) up 0.7% on 16.9 million shares traded.
Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers' real world signal processing requirements.
Lowe's Companies, Inc. (NYSE: LOW) down 0.5% on 7.3 million shares traded.
Lowe's Companies, Inc. is a FORTUNE® 50 company, and is one of the largest home improvement retailer in the world.
Staples Inc. (NASDAQ: SPLS) up 1.6% on 5.8 million shares traded.
Staples, Inc. is one of the world's largest office products company.
Market Commentary:
"Microsoft Inc. will debut the new Zune, competing with Apple's iPod this Tuesday. For $249 you get a 30-gigabyte portable music player, video, and photo capabilities. Music downloads at Zune Marketplace will cost 99 cents each," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
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compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Forty Thousand Dollars for coverage of Axis Technologies, Inc. (PINKSHEETS: AXTG), by a third party (ATN Enterprises LLC), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release.) WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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