StockPickReport.com Announces Stock Evaluation Ratings for Broadcom, NVIDIA, Pepsico, Washington...

Business Editors

SHREVEPORT, La.--(BUSINESS WIRE)--March 20, 2003

StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw) makes these short-term stock recommendations:

Broadcom (NASDAQ:BRCM) - BUY - http://pr.stockpickreport.com/BRCM.htm

Pepsico (NYSE:PEP) - BUY - http://pr.stockpickreport.com/PEP.htm

Washington Mutual (NYSE:WM) - BUY - http://pr.stockpickreport.com/WM.htm

Broadcom (NASDAQ:BRCM)

StockPickReport.Com Rating: BUY (2)

http://pr.stockpickreport.com/BRCM.htm

Broadcom provides highly integrated silicon solutions that enable broadband communications and networking of voice, video and data services.

We predict BRCM should keep up the current price direction and see elevated prices, as indicated by BRCM's newest short-term stochastic indicator. The stock's 15-day price rate-of-change average ended the most recent market session above the price for the same session last week. Traders may want to note that BRCM's average volume trended up from the previous week.

In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying BRCM) at current levels offers traders a nice chance for a profitable trade.

NVIDIA (NASDAQ:NVDA)

StockPickReport.Com Rating: BUY (2)

http://pr.stockpickreport.com/NVDA.htm

NVIDIA designs, develops and markets graphics and media communication processors and related software for personal computers (PCs), workstations and digital entertainment platforms.

Our researchers are of the opinion that the stock will stay with the recent market direction with upside potential, as predicted by the stock's new short-term stochastic indicator. Moreover, the stock's price short-term average hit new highs over the last week. Investors might find it interesting to note that the stock's average shares-traded rose over the previous week.

In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying NVDA) at current levels offers traders a nice chance for a profitable trade.

Pepsico (NYSE:PEP)

StockPickReport.Com Rating: BUY (2)

http://pr.stockpickreport.com/PEP.htm

Pepsico Inc is a beverage company which brands include Pepsi, Diet Pepsi, Pepsi Twist, Pepsi ONE, Pepsi Blue, Wild Cherry Pepsi, Mountain Dew, Mountain Dew Code Red, Mug, Sierra Mist, Slice, Aquafina, SoBe, Dole single-serve juices and FruitWorks.

Our researchers are of the opinion that PEP should persist with the recent trade activity in a probable move upward, in accordance with the stock's newest near-term stochastic index. Meanwhile, the stock's price average rose over the recent week. Subsequently, we see that PEP's daily average volume continues to move to the upside.

In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying PEP) at current levels offers traders a nice chance for a profitable trade.

Washington Mutual (NYSE:WM)

StockPickReport.Com Rating: BUY (5)

http://pr.stockpickreport.com/WM.htm

Washington Mutual is a growth retailer of consumer financial services that provides a diversified line of products and services to consumers and small- to mid-sized businesses.

Our researchers are of the opinion that WM should keep up the current market direction and move higher still, as indicated by the newest short-term stochastic chart. WM investors might want to note that WM's closing price edged upward throughout the last few trading sessions based on a 1-week average of the 3-week rate-of-change moving average. Lastly, the stock's average daily volume trended down from the prior week.

In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying WM) at current levels offers traders a nice chance for a profitable trade.

WHAT THESE RATINGS MEAN:

StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that reflect our opinion of a stock's potential price movement over the next five to ten trading sessions. The stock ratings range from +10 (which indicates our view that a stock has a great chance to move higher) to - 10 (which indicates our belief that a stock has a great chance to move lower). These ratings may change based on daily market conditions.

ABOUT STOCKPICKREPORT.COM:

StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.

Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.

StockPickReport.Com's goal is to provide stock research FREE from bias or conflicts. You can get your FREE trial to StockPickReport.Com at http://www.stockpickreport.com/?src=bw