TradingMarkets 7 Stocks You Need to Know for Monday
Stocks ended mixed on the final trading day of the week with the Dow finishing in the red and both the Nasdaq and S&P 500 closing higher.
The Dow lost 11.72. The Nasdaq edged up by 3.05. And the S&P 500 gained 2.65 on the day.
Here are 7 Stocks You Need to Know for Monday.
Shares of Chipotle Mexican Grill
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PowerRating) fell by more than 20% in trading on Friday after providing lower third quarter guidance.
Also dramatically lower in the wake of a lowered earnings forecast was building materials maker, Cemex
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PowerRating), which lost more than 7% on the day.
Goldman Sachs
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PowerRating) reports earnings on Tuesday before the bell. Analysts are expecting EPS of $1.78.
Reflecting the recovering in basic materials stocks, shares of Alcoa
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AA |
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PowerRating) were higher by more than 3% on Friday. Alcoa was the best performing stock in the Dow industrials.
And reflecting the continued weakness in the financial sector, traders aggressively sold shares of American International Group
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PowerRating), which was down a whopping 30%+ on the day.
Bank of America
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PowerRating) is widely rumored to be at the head of the pack of potential acquirers of Lehman Brothers Holdings
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PowerRating).
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