TradingMarkets 7 Stocks You Need to Know for Friday
Here are 7 stocks for traders for Friday:
Nike
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PowerRating) beat earnings Thursday afternoon with $1.37 EPS over a consensus of $1.33 EPS. NKE’s PowerRating is 5.
Palm
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PowerRating) beat earnings on Thursday after the close, announcing $0.16 EPS over an expected $0.12 EPS. PALM’s PowerRating is 5.
KB Home
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PowerRating) beat earnings estimates Thursday morning, but also said that Q1 profit fell 84%. KBH’s PowerRating is 3.
Activision
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PowerRating) announced a multi-year deal to develop and distribute videogames based on Live Nation’s products. ATVI’s PowerRating is 4.
Motorola
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PowerRating) cut its quarterly forecast from $10.46 billion to $9.2 billion, prompting major selling. Watch for more action into the week’s end. MOT’s PowerRating is 4.
Tyson Foods
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PowerRating) announced plans to sell two poultry plants in Alabama; around 400 people will lose their jobs in the acquisition. TSN’s PowerRating is 5.
JP Morgan raised its target for Intermune
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PowerRating) from $29 to $34 because investors are undervaluing some of the company’s key products. ITMN’s PowerRating is 1.
PowerRatings are courtesy of TradingMarkets.com