May 6, 2008
SpeculatingStocks.com Stock Pick: RH Donnelley Corp. (RHD)
Stock Price: $6.25
R.H. Donnelley Corporation operates as a yellow pages and online local commercial search company in the United States. The company publishes and distributes print and online directories.
RHD started to rebound today and crossed through its 50-day moving average and pushed through resistance quickly.
RHD is operating in an exciting and important growing industry, connecting people to local businesses. The company is trading at a market cap of only around $429.92 million and has grown revenue from $0.95 million in 2005 to $1.89 million in 2006 and $2.68 million in 2007.
Most of the bad news was priced into RHD at its recent bottom. We believe the company and RHD's stock is ready to move ahead.