TradingMarkets 7 Stocks You Need to Know for Tuesday
Poor manufacturing data and disappointing auto sales – to say nothing of anticipation over the Presidential election tomorrow – kept stocks at a virtual standstill as markets closed on Monday.
The Dow slipped lower by 5.18. The Nasdaq Composite edged higher by 5.38. And the S&P 500 closed down 2.45.
Here are 7 Stocks You Need to Know for Tuesday.
MasterCard
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PowerRating) reported quarterly earnings of 2.47 Monday after the market closed, handily beating analyst estimates. Shares were up more than 6% immediately after the announcement.
A positive research report on semiconductor stocks by Citigroup helped boost shares of stocks like Varian Semiconductor
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PowerRating), which gained more than 6% late in trading on Monday and SanDisk Corporation
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PowerRating), which was up more than 3%.
Archer-Daniels Midland
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PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of 0.69.
Circuit City
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PowerRating) announced on Monday that it was closing 155 stores and laying off as much as 17% of its workforce in the United States.
Reporting earnings Tuesday morning before the bell, Marvel Enterprises
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PowerRating) is expected to announce earnings per share of 0.43.
Merrill Lynch issued a report suggesting that the slowing economy will hurt theme park profits at The Walt Disney Company
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PowerRating). Shares of Disney were down more than 3% late in trading on Monday.
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