TradingMarkets 7 Stocks You Need to Know for Monday
A broad-based rally led by the technology stocks of the Nasdaq helped make the first close of 2009 a higher one. The Dow ended the day well above the 9,000 mark.
The Dow added 258.30. The Nasdaq closed higher by 55.18. And the S&P 500 finished the day up 28.55.
Here are 7 Stocks You Need to Know for Monday.
General Motors
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PowerRating) received $4 billion in emergency assistance from the Treasury Department. Shares of the automaker were up sharply on the news.
As of the new year, two big mergers have been consummated: Wells Fargo
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WFC |
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PowerRating) completed its takeover of Wachovia and Merrill Lynch is now a part of Bank of America
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PowerRating).
As one of the few Dow stocks to have a positive 2008, Wal-Mart
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PowerRating) is increasingly seen by analysts as likely to take market share from rival Target
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PowerRating) in 2009.
Solar energy stocks rebounded on Friday as the cost of crude oil moved higher. Shares of both JA Solar
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JASO |
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PowerRating) and First Solar
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FSLR |
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PowerRating) were both higher on the day.