TradingMarkets 7 Stocks You Need to Know for Monday

Stocks bounced back strongly on Friday with the Dow gaining more than 300 points on the day.

The Dow closed up 302.89. The Nasdaq Composite ended the day ahead by 58.37. And the S&P 500 gained 30.25.

Here are 7 Stocks You Need to Know for Monday.

One of the more surprising earnings announcements in recent quarters was MBIA's (MBI | Quote | Chart | News | PowerRating) report of $0.96 per share. Analysts had expected a loss of $1.37 per share.

Amazon.com (AMZN | Quote | Chart | News | PowerRating) was among the stronger performers in the Nasdaq on Friday. Up more than 4%, the stock closed at its highest levels since late June.

Dow stocks were among Friday's big gainers, with shares of Home Depot (HD | Quote | Chart | News | PowerRating) climbing as high as 8%.

An improved annual sales forecast helped send Fuel Systems Solutions Inc. (FSYS | Quote | Chart | News | PowerRating) soaring on Friday. The stock was up more than 28% on the day.

Shares of Qwest (Q | Quote | Chart | News | PowerRating) were higher by more than 9% on Friday on a Morgan Stanley analyst's upgrade of the stock from "equal weight" to "over weight."

Another impressive performance from the Dow industrials was Citigroup's (C | Quote | Chart | News | PowerRating) gain of nearly 5% on Friday.

McDonalds (MCD | Quote | Chart | News | PowerRating) foray into Southern style cuisine with its chicken biscuit sandwiches and sweet tea helped the number one restaurant chain report better than expected sales in July.

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