TradingMarkets 7 Stocks You Need to Know for Monday
Stocks ended a shortened trading session higher on Friday, with the Dow climbing more than 1%.
The Dow gained 102.43. The Nasdaq Composite added 3.47. And the S&P 500 closed higher by 8.56.
Here are 7 Stocks You Need to Know for Monday.
Carl Icahn reportedly boosted his stake in Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating) by 6.8 million shares. Icahn is now the fourth largest shareholder in the Internet company.
Politicians are looking to revisit the Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) bailout, suggesting that greater accountability should be required in return for the assistance given.
Ford Motor Company
(
F |
Quote |
Chart |
News |
PowerRating) is resisting calls for CEO Alan Mullaly to take a cut in pay at the same time Ford joins other automakers in requesting emergency Federal loans.
As part of a sizable restructuring effort, General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) is considering shutting down well-known brands including Saturn and Saab.
Among the earnings traders and investors will be looking for next week are those from Beazer Homes USA
(
BZH |
Quote |
Chart |
News |
PowerRating) and Toll Brothers
(
TOL |
Quote |
Chart |
News |
PowerRating). Shares of both homebuilders have moved dramatically higher in recent days.
Among the retailers analysts are expecting to weather any down turn in holiday spending is Macy’s
(
M |
Quote |
Chart |
News |
PowerRating), which has the advantage of larger size over its competitors.
Do you think Macy’s will be Up or Down on Tuesday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 each month by correctly guessing the direction of a stock!
Back by popular demand, our momentum trading strategy, the 5x5x5 Portfolio Method, has had an average compound annual return of 118.79% for more than 7 years, with 71% profitable trades since 2001. Click here to find out more about the 5x5x5 Portfolio Method Today!