Stocks experienced a roller coaster ride on Tuesday, before closing in the red. An early morning rally, on positive earnings and deal news, was reversed in the afternoon, with all the major averages surrendering their gains, leading to a heavy selloff in the last hour of trading. Click here for the rest of today's Stock Market Recap.
Here are 7 stocks for traders for Wednesday:
Chipotle Mexican Grill, Inc. (CMG | Quote | Chart | News | PowerRating) beat earnings estimates after Tuesday's close. The company reported $0.60 EPS versus estimates of $0.44 EPS.
Whole Foods Markets Inc. (WFMI | Quote | Chart | News | PowerRating) reported $0.35 EPS versus estimates of $0.33 EPS after the close on Tuesday.
Arcelor Mittal (MT | Quote | Chart | News | PowerRating) is expected to announce $1.82 EPS on Wednesday morning.
Cigna Corp. (CI | Quote | Chart | News | PowerRating) is looking to report $0.88 EPS when the company announces earnings on Wednesday morning.
Mastercard Inc. (MA | Quote | Chart | News | PowerRating) should report $1.32 EPS early Wednesday.
Time Warner (TWX | Quote | Chart | News | PowerRating) is looking to have EPS of $0.20 on Wednesday before the market opens.
Teva Pharmaceutical Industries (TEVA | Quote | Chart | News | PowerRating) should report $0.55 earnings per share early Wednesday.
John Lee
Associate Editor
johnl@tradingmarkets.com
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