TradingMarkets 7 Stocks You Need to Know for Friday
Here are 7 stocks for traders for Friday:
Cooper
(
COO |
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PowerRating) beat earnings on Thursday afternoon, announcing $0.76
EPS versus expectations of $0.69. COO’s PowerRating (for Traders) is 4.
National Semiconductor
(
NSM |
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PowerRating) beat expectations Thursday, with
$0.30 EPS over $0.25 EPS. NSM’s PowerRating (for Traders) is 5.
Merck
(
MRK |
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PowerRating) gained around 2% after announcing that the Supreme
Court has reversed an unfavorable ruling, which would have granted health
organizations and insurers the right to consolidate lawsuits against the
pharmaceutical giant. MRK’s PowerRating (for Traders) is 5.
Apple
(
AAPL |
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PowerRating) announced that its 8GB iPhone will drop in price
from $599 to $399, prompting investors to question overall consumer demand for
the product. AAPL’s PowerRating (for Traders) is 5.
Major retailers reported better-than-expected sales on Thursday. Wal-Mart
(
WMT |
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PowerRating) reported a 2.5% rise in same store sales from last year, while
Target
(
TGT |
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PowerRating) same store sales were up 6.1%. WMT’s PowerRating (for
Traders) is 5, and TGT’s PowerRating (for Traders) is 6.
Despite reporting a 39% increase in Q4 profit, Campbell Soup
(
CPB |
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PowerRating)
fell over 3% on Thursday. CPB’s PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com