ValuEngine Upgrades Nestle SA, L-3 Communication Holdings And Cogo Group To ‘5′ Rating

July 13, 2009 (FinancialWire) (Investrend Research Syndicate) — ValuEngine, Inc. has upgraded Nestle SA (OTC: NSRGY), L-3 Communication Holdings Inc. (NYSE: LLL) and Cogo Group Inc. (NASDAQ: COGO) 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.

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.

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