TradingMarkets 7 Stocks You Need to Know for Wednesday
A boatload of heavy hitting earnings announcements hit the wire midweek. Earnings combined with Bernanke’s testimony, the CPI, and retail sales promises to create an exciting session. Stocks pushed higher on the second trading day of the week. A positive Greek T-bill auction combined with improved earnings lifted shares. A growing trade deficit offset slight negative news from Alcoa. Earnings from Intel and CSX after the close should set the tone for after market action. The DJIA gained 13.45, the Nasdaq moved higher by 8.12, and the S&P 500 eased ahead by 0.82.
Here are 7 stocks you need to know for Wednesday.
Investment banking kingpin, ^JPM^ reports before the bell with a forecast EPS of 64 cents.
^PGR^ carries the torch for the insurance sector, with an expected, before the open, EPS of 37 cents.
$1.37/share is the consensus estimate for ^GWW^ prior to trading.
After the close, analysts are expecting to hear from ^YUM^ with a forecast EPS of 52 cents.
^JBHT^ has its sites set on an EPS of 26 cents after the bell.
^LSTR^ is trucking toward an EPS of 32 cents at the close of trading.
^C^ is being put through the wringer by the Fed for using so called “liquidity puts” to lift sales.