TradingMarkets 7 Stocks You Need to Know For Wednesday

Here are 7 stocks for traders for Wednesday:

Adobe Systems (ADBE | Quote | Chart | News | PowerRating) beat earnings Tuesday, with $0.30 EPS over an expected $0.29 EPS. 

Oracle (ORCL | Quote | Chart | News | PowerRating) also beat earnings on Tuesday after the close.  ORCL reported $0.25 EPS versus expectations for $0.22 EPS.

Halliburton (HAL | Quote | Chart | News | PowerRating) reported in Tuesday's session that they expect first-quarter earnings to come in below analyst forecasts.  HAL dropped 6% in today's session.  Watch for further price deterioration. 

Cintas (CTAS | Quote | Chart | News | PowerRating) missed earnings Tuesday afternoon reporting EPS of $0.48, while expectations were for $0.52 EPS.

Federal Express (FDX | Quote | Chart | News | PowerRating) reports quarterly earnings on Wednesday morning before the bell, with analysts looking for $1.33 EPS.

Morgan Stanley (MS | Quote | Chart | News | PowerRating) announces earnings on Wednesday morning; watch for $1.88 EPS.

Ross Stores (ROST | Quote | Chart | News | PowerRating) is set to announce its quarterly report before the bell; look for $0.66 earnings per share.

John Lee
Associate Editor
johnl@tradingmarkets.com

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