TradingMarkets 7 Stocks You Need to Know for Tuesday

Stocks advanced strongly early in the day only to finish significantly off their highs. This was true of the Nasdaq, which still closed up more than 1%.

The Dow ended the day up 48.03. The Nasdaq Composite finished ahead 25.85. And the S&P 500 closed up 9.00.

Here are 7 Stocks You Need to Know for Tuesday.

Home Depot (HD | Quote | Chart | News | PowerRating) rallied for a second consecutive day, closing above its 200-day moving average for the first time in more than a year.

Waste Management Inc. (WMI | Quote | Chart | News | PowerRating) increased its hostile bid for Republic Services (RSG | Quote | Chart | News | PowerRating) to $6.73 billion, more than 8% above its previous offer.

Analysts Goldman Sachs (GS | Quote | Chart | News | PowerRating) suggested that limited discounting by retailers should improve quarterly profits. Shares of Wal-Mart (WMT | Quote | Chart | News | PowerRating) were dramatically higher on Monday before finishing off their highs.

Shares of Amazon.com (AMZN | Quote | Chart | News | PowerRating) soared more than 9% on Monday after analysts at Citigroup (C | Quote | Chart | News | PowerRating) doubled their sales forecast for the online retailer's Kindle Reader, a device for accessing electronic media.

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