TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks ended their winning streak today closing the session mixed. Positive earnings from Starbucks and Apple lifted the Nasdaq into positive territory but falling oil prices and banks depressed the DJIA and S&P 500. Highly negative sentiment emanated from Morgan Stanley who stated the current rally may be transitory and clients should sell into any strength. The DJIA fell 34.68, the Nasdaq gained 10.18 and the broad based S&P 500 fell 0.51.
Here are 7 stocks you need to know for Thursday.
A slight uptick in home prices has focused investor attention on builders KB Home
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PowerRating) and Lennar Corp
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PowerRating).
An EPS of 51 cents is what telephone giant AT&T
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PowerRating) is expecting to see before the open Thursday morning.
Struggling U.S. Automaker Ford
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McDonald’s
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PowerRating) has forecast second quarter earnings to be 96 cents/share with the actual number being announced before the bell Thursday.
Analysts are predicting a second quarter EPS of 46 cents for gold miner Newmont Mining
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PowerRating) announcing Thursday morning before trading starts.
Bristol Myers Squibb
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PowerRating) will announce its 2nd quarter EPS during trading hours with a forecast number of 47 cents/share.
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