TradingMarkets 7 Stocks You Need to Know for Monday
Stocks ended the week with a big rally after well-received earnings, especially from Google, Citigroup and Caterpillar.
The Dow rose +228.87, the Nasdaq Composite +61.14 and the S&P 500 +24.77.
Here are 7 Stocks You Need to Know for Monday:
Shares of Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) soared 20%, leading a broad-based market rally, after the Internet bellwether beat estimates by $0.32.
Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) reported a $5.1 billion net loss, missing estimates by $0.07, after the banking giant was forced to write-down a further $13.9 billion.
Caterpillar
(
CAT |
Quote |
Chart |
News |
PowerRating) beat estimates by $0.12 and reaffirmed its full year 2008 earnings guidance of 5% to 10% revenue growth.
Before the market open on Monday, pharmaceutical giants Merck and Eli Lilly are scheduled to report earnings…
The consensus estimate for Merck
(
MRK |
Quote |
Chart |
News |
PowerRating) is $0.86, and the number for Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating) is $0.96 per share.
Haliburton
(
HAL |
Quote |
Chart |
News |
PowerRating) is also set to report, look for earnings of $0.64.
And finally, Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) is expected to report earnings of $0.41 per share.
Do you think Bank of America will close up or down on Tuesday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes predicting the direction of a stock!