TradingMarkets 7 Stocks You Need to Know for Tuesday
Great news from the credit markets that the LIBOR dropped below 0.50% and bullish word from the new home sales front were not enough to trigger aggressive buying in equities. Negative earning news from several bellwethers suppressed any rally attempt with the major indexes just pushing above break even late in the session. The DJIA late day surge pushed it up 15.27, the Nasdaq eased higher by 1.93 and the broad based S&P 500 added 2.92.
Here are 7 Stocks you need to know about for Tuesday.
Mid level luxury handbag and leather good maker, Coach
(
COH |
Quote |
Chart |
News |
PowerRating), is expecting to see fiscal fourth quarter earnings Tuesday morning before the bell, with an expected EPS of 42 cents/share.
One of the original internet companies, EarthLink
(
ELNK |
Quote |
Chart |
News |
PowerRating), announces its 2nd quarter performance prior to trading Tuesday, with an expected EPS of 26 cents.
Fresh Del Monte Produce
(
FDP |
Quote |
Chart |
News |
PowerRating) is forecast to reveal a second quarter EPS of 70 cents before the bell on Tuesday.
The largest gain in new home sales in eight years triggered a bullish surge in such stalwarts as Lennar
(
LEN |
Quote |
Chart |
News |
PowerRating) and Centex
(
CTX |
Quote |
Chart |
News |
PowerRating).
Generic drug giant, Teva Pharmaceuticals
(
TEVA |
Quote |
Chart |
News |
PowerRating), has analysts waiting for a second quarter EPS of 80 cents before trading starts on Tuesday.
Struggling computer innovator, Unisys
(
UIS |
Quote |
Chart |
News |
PowerRating), is forecasting a loss of 1 cent for the second quarter before the bell Tuesday morning.
According to a recent report, eight out of ten securities traded are exchange-traded funds (ETFs). Learn to trade ETFs! Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading.