TradingMarkets 7 Stocks You Need to Know for Monday

Here are 7 stocks for traders for Monday:

Schnitzer Steel
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reports earnings Monday before the bell, with analysts watching for $0.69 EPS. SCHN’s PowerRating is 5.

Lawson Software
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reports Monday after the bell, so watch for heightened price action and volume ahead of the close. LWSN’s PowerRating is 3.

Kirk Kerkorian offered DaimlerChrysler
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$4.5 billion for the company’s U.S. auto division. It is rumored that Magna International
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and General Motors
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are also eying the U.S. division of DCX. DCX’s PowerRating is 5, MGA’s PowerRating is 5, and GM’s PowerRating is 5.

Nokia
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paid Qualcomm
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$20 million for the use of its 3rd generation patent licenses; despite striking a deal, the two companies are still at odds over other pending patent battles. NOK’s PowerRating is 5, and QCOM’s PowerRating is 6.

PowerRatings are courtesy of PowerRatings.net