TradingMarkets 7 Stocks You Need to Know for Monday
Stocks moved back into overbought territory on Friday, though many technology names continued to underperform, including Microsoft
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PowerRating), which was down four.
The Dow closed ahead 164.80. The Nasdaq Composite ended the day higher by 22.76. And the S&P 500 finished up 21.85.
Here are 7 Stocks You Need to Know for Monday.
Citigroup
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Sellers are becoming increasingly aggressive in taking profits in IBM
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PowerRating). The stock has closed lower for four consecutive days above its 200-day moving average and is now more oversold than at any point in the past month.
DISH Network
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Down for three days in a row above its 200-day moving average on Friday were shares of Home Depot
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PowerRating). The stock managed to close significantly off its intraday lows.
An EPS loss of 37 cents per share is what analysts are expecting to hear from Nissan Motor Company
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PowerRating), which is scheduled to report quarterly earnings Monday morning. Oversold conditions from Thursday helped lure in buyers on Friday who bid the stock higher by more than 3% intraday.
Soaring by more than16% intraday on Friday and closing above its 200-day moving average for the first time since August 2008, VeriSign
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PowerRating) beat analyst estimates by six cents per share.
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