TradingMarkets’ 7 Stocks You Need To Know About For Tuesday
Stocks were mixed Monday, with
the Nasdaq showing relative strength on several acquisitions.
Lower oil also helped drive stocks, with oil closing
down 0.74 at 63.34.
EBay
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week’s speculation and said it would buy internet phone company Skype for up to
$4.1 billion. Oracle
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is buying Siebel for $5.85 billion, or $10.66/share. Siebel’s board voted
in favor for the transaction, which is expected to close in early 2006.
Ford is selling its Hertz unit to
Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch for about $15
billion.
Now, here are some stocks to watch for Tuesday:
Amazon
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broke out of an angular trendline.
Our buddy Baidu
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good day. I received an email from a gentleman who had a nice day in this stock.
Be careful on new longs–trees don’t grow to the sky.
Best Buy
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reports earnings before the bell Tuesday; look for 0.38.
Kroger
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also reports before the bell; look for 0.27.
There was a widespread power outage in Los
Angeles on Monday afternoon, and alternative energy stock like Beacon
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As will Capstone
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Finally, Sohu
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the lows.
Brice Wightman