TradingMarkets’ 7 Stocks You Need To Know About For Thursday
Stocks rose Wednesday as crude oil eased back below
$69.
Construction-related stocks did extremely well, including Building
Materials
(
BMHC |
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PowerRating), +14% Vulcan Materials
(
VMC |
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PowerRating), +10%,
Eagle Materials
(
EXP |
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PowerRating) Martin Marietta Materials
(
MLM |
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PowerRating), +8.8%,
Texas Industries
(
TXI |
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PowerRating), +10%, Imperial Industries
(
IPII |
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PowerRating),
+19%, Florida Rock
(
FRK |
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PowerRating), +9.5% and Jacobs Engineering
(
JEC |
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PowerRating),
+7%.
After the close, Men’s Wearhouse
(
MW |
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PowerRating) reported August comps rose
8.5%, more than expected.
Bloomberg reported that Mexican billionaire Carlos Slim feels Bellsouth
(
BLS |
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PowerRating), SBC
(
SBC |
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PowerRating) and Verizon
(
VZ |
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PowerRating) are attractive
and owns stakes in all.
Now, here are some stocks to watch for Thursday:
Caterpillar
(
CAT |
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PowerRating)
looks poised to break out.
James River Coal
(
JRCC |
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PowerRating) is in the same position–and may benefit from the high crude prices.
W.W. Grainger
(
GWW |
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PowerRating) may also breakout.
GlaxoSmithKline
(
GSK |
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PowerRating) got its Fluarix flu vaccine approved by the FDA.
Stanley Works
(
SWK |
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PowerRating) may try to rally from this extended pullback (note the volume today
was not spectacular, however).
Whirlpool
(
WHR |
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PowerRating)
closed well, and on good volume.
Nokia
(
NOK |
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PowerRating)
bounced off an extended trendline.
Brice Wightman