TradingMarkets’ 7 Stocks You Need To Know About Thursday

Stocks rose as crude made another three-week low.
Several Dow stocks received upgrades, including:
Hewlett Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating)
,
which was upgraded to Buy at UBS. JP Morgan
(
JPM |
Quote |
Chart |
News |
PowerRating)
was upgraded to
outperform at Piper Jaffray and McDonald’s
(
MCD |
Quote |
Chart |
News |
PowerRating)
was upgraded to
outperform at Bear Stearns.

After the close, Comverse Technology
(
CMVT |
Quote |
Chart |
News |
PowerRating)
beat by a penny and
also beat on revenues. (full
story
) Solectron’s CFO
(
SLR |
Quote |
Chart |
News |
PowerRating)
resigned, saying he will take a job
at Intuit
(
INTU |
Quote |
Chart |
News |
PowerRating)
. (full
story
)  Cooper Companies
(
COO |
Quote |
Chart |
News |
PowerRating)
beat by 0.18 and issued
upside guidance. (full
story
) Take Two Interactive
(
TTWO |
Quote |
Chart |
News |
PowerRating)
was in-line but guided lower.

Now, here are a few stocks to watch for Thursday:

This week, Beijing is hosting the Chinese Business Summit, and Chinese stocks
are in focus. Netease
(
NTES |
Quote |
Chart |
News |
PowerRating)
popped nicely on good volume.

Our old friend Baidu.com
(
BIDU |
Quote |
Chart |
News |
PowerRating)
did as well.

So did Sohu
(
SOHU |
Quote |
Chart |
News |
PowerRating)
.

Sina
(
SINA |
Quote |
Chart |
News |
PowerRating)
showed bit of life at its 50-day moving average.

Cooper Companies
(
COO |
Quote |
Chart |
News |
PowerRating)
reported excellent earnings (see above).

Deutsche Bank started coverage on Tyco
(
TYC |
Quote |
Chart |
News |
PowerRating)
with a Buy.

Hovnanian
(
HOV |
Quote |
Chart |
News |
PowerRating)
beat by a penny after the close but issued downside guidance.

Brice Wightman