TradingMarkets 7 Stocks You Need to Know for Thursday
A late day rally pushed shares nicely into positive territory. Stocks took the news of Geithner extending the TARP program to October and Bank of America repaying 100% of their TARP loan as bullish signals. Concern over the global debt situation eased as buyers snapped up bargains on the session. The DJIA added 51.08, the Nasdaq expanded by 10.74 and the S&P 500 eased higher by 4.00.
Here are 7 stocks you need to know for Thursday.
60 cents/share is the projected earnings for Costco Wholesale
(
COST |
Quote |
Chart |
News |
PowerRating) before the open.
Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) has completely paid back its TARP funds.
Finance and other book publishing heavy weight, John Wiley & Sons
(
JWA |
Quote |
Chart |
News |
PowerRating), is expecting to see an EPS or 81 cents prior to trading.
National Beverage Corp
(
FIZZ |
Quote |
Chart |
News |
PowerRating) announces during the trading day with a forecast EPS of 17 cents.
Huge relative option call volume in Research In Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) triggered by a marketing move into the world’s largest cell phone market, China, appears to indicate a bullish tenor for the shares.
Sprint Nextel
(
S |
Quote |
Chart |
News |
PowerRating) and 3M
(
MMM |
Quote |
Chart |
News |
PowerRating) advanced on Citigroup upgrades and rumors of a potential merger for Sprint.