TradingMarkets 7 Stocks You Need to Know for Friday
Stocks edged higher on Thursday, with the Nasdaq up more than 1% on the day.
The Dow industrials gained 34.03. The Nasdaq Composite was up by 32.36. And the S&P ended Thursday ahead by 5.02.
Here are 7 Stocks You Need to Know for Friday
Rising medical costs sent healthcare stocks lower across the board on Thursday, with stocks like UnitedHealthGroup
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UNH |
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PowerRating) losing more than 7%.
Broadcom
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PowerRating) shares benefited from a positive analyst report out of Lehman Brothers that suggested sales of the Nintendo Wii video game console in the second half of 2008 would boost demand for Broadcom’s semiconductor chips.
A Goldman Sachs recommendation for investors to sell shares in both Sirius Satellite Radio and XM Satellite Radio
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PowerRating) sent both stocks reeling on Thursday.
An analyst upgrade from Citigroup
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C |
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PowerRating) put a “buy” rating on shares of American International Group
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PowerRating), which were up nearly 5% on Thursday.
Carnival Cruise Lines
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PowerRating) beat analyst estimates by a whopping $0.18 per share this morning in its earnings announcement before the open.
Concerns that Motorola
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PowerRating) may have difficulties with the planned spin-off of its handset unit encouraged traders to sell the stock on Thursday. Motorola lost nearly 6%.
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