TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks bounced back and forth from modest losses to modest gains on Monday. But selling in the final hour drove stocks to their lowest levels of the day.
The Dow fell 203.18. The Nasdaq Composite lost 46.13. And the S&P 500 closed lower by 27.85.
Here are 7 Stocks You Need to Know for Tuesday.
Verizon
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PowerRating) was one of Monday’s best performers, climbing by nearly 10% on news that the telecommunications company’s profits for the third quarter were up by more than 30%.
Reporting earnings Tuesday after the close, Centex
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PowerRating) is expected to announce EPS of -0.94.
Both SunTrust Banks
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PowerRating) and Capital One Financial Corporation
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COF |
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PowerRating) accepted more than $30 billion from the Treasury department’s bank bailout program.
Texas Instruments
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PowerRating) was among the better performing stocks in the New York Stock Exchange on Monday, gaining more than 4%. Trading below its 200-day moving average, TXN in increasingly overbought.
Deutsche Bank upgraded shares of PepsiCo Inc.
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PowerRating) to “buy” from “hold”, citing reduced earnings risk relative to the value of the stock.
U.S. Steel
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X |
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PowerRating) is expected to announce quarterly earnings of 7.08 when it reports Tuesday morning before the market opens.
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