TradingMarkets 7 Stocks You Need To Know For Wednesday
Stocks fell in late trading but remained near flat
as good economic data was balanced by profit-taking and a major retailer’s
weak outlook.
October PPI rose 0.7%, Core PPI fell 0.3% (report).
October Retail Sales fell 0.1%, Ex-Autos rose 0.9% (report).
NY Empire State Index was 22.8 (report).
Target
(
TGT |
Quote |
Chart |
News |
PowerRating) said its November comps will be
under the planned 4-6%.
Bernanke said he’d continue Greenspan’s interest-rate
policies, if confirmed, and that he favors the central bank setting a formal
inflation target. For reports and analysis, including highlights of Ben
Bernanke’s testimony, go to our
Economic
News section.
Money manager Tim Truebenbach said “The market is following a
technical pattern that’s been unfolding for a couple of months. The market
remains in a confirmed uptrend and you should be buying any kind of pullbacks
right now as prices look like they’re going higher.”
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Here are a few stocks to watch on Wednesday:
Analog Devices
(
ADI |
Quote |
Chart |
News |
PowerRating) beat by 0.02
and beat on revenues
Abercrombie & Fitch
(
ANF |
Quote |
Chart |
News |
PowerRating) (not
pictured) beat by 0.08 and guided higher. Talbots
(
TLB |
Quote |
Chart |
News |
PowerRating) is due to report on Tuesday; look for 0.63.
PetSmart
(
PETM |
Quote |
Chart |
News |
PowerRating) is also
scheduled to report; look for 0.19.
La-Z-Boy
(
LZB |
Quote |
Chart |
News |
PowerRating) beat by 0.05 and
guided higher.
KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating) meets
with analysts Tuesday.
Blue Coat
(
BCSI |
Quote |
Chart |
News |
PowerRating) missed by 0.02.
Brice Wightman
Be sure and vote in the
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& Commodities 2006 Readers’ Choice Awards
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