TradingMarkets 7 Stocks You Need to Know for Monday
Stocks finished off their highs on Friday, with the Nasdaq Composite being the day’s biggest percentage gainer.
The Dow was lower by 7.90. The Nasdaq Composite gained 14.34 on the day. And the S&P 500 was up by 2.12.
Here are 7 stocks you need to know for Monday
Dell
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PowerRating) gained more than 5% on Friday as the company announced that overseas revenues had overtaken domestic revenues for the first time ever this past quarter.
Shares of Harris Corporation
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PowerRating) rallied on Friday on rumors of takeover bids that were valuing the military electronics company at more than $10 billion. The stock was up more than 6% on the day.
Continued strong sales of the Blackberry by Research in Motion
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PowerRating) and iPhones from Apple
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PowerRating) helped Marvell Technology Group
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PowerRating), which produces chips for both devices, beat analyst estimates for earnings and revenues.
Eastman Kodak
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PowerRating) anounced that it will be raising prices on some of its products by 20% to deal with rising raw materials costs.
Increases in the company’s long-term earnings outlook and a forecast double-digit sales growth in 2008 led brokerages to raise their price targets for Mastercard Inc.
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PowerRating) to as high as $363. The stock closed at just under $309 on Friday.
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