TradingMarkets 7 Stocks You Need To Know For Thursday

  • December 7, 2005
  • Brice Wightman


Stocks fell Wednesday on negative breadth, though finished off their
intraday lows.  Some investors feel
the market is due for a pullback.

Steve Shobin, Chief Strategist at Americap Advisors said “I
think the market has gotten a little bit ahead of itself; it’s due for a little
bit of a correction but I don’t see a big top just yet.”

Crude inventories rose 2.7 million barrels; distillate inventories
rose 2.7 million barrels. Crude oil fell 0.73 to $59.21.

Wellpoint
(
WLP |
Quote |
Chart |
News |
PowerRating) warned for
2006.

Ford
(
F |
Quote |
Chart |
News |
PowerRating) will eliminate up to 30,000 jobs over 5 years, closing 10
plants.

Cisco
(
CSCO |
Quote |
Chart |
News |
PowerRating) was upgraded at JP Morgan, to overweight.

Now, here are a few stocks to watch on Thursday:

Hovnanian
(
HOV |
Quote |
Chart |
News |
PowerRating)
beat by 0.11 but guided Q1 and FY 2006 lower.

Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) gives its mid-quarter update.

Veritas
(
VTS |
Quote |
Chart |
News |
PowerRating) beat by 0.12 and beat on revenues.

Xilinx
(
XLNX |
Quote |
Chart |
News |
PowerRating)  raised guidance and now sees December sales
up 4-8% sequentially.

Brinker International
(
EAT |
Quote |
Chart |
News |
PowerRating) guided FY 2006 lower.

Centex
(
CTX |
Quote |
Chart |
News |
PowerRating) announced an additional 5 million share buyback.

Diebold
(
DBD |
Quote |
Chart |
News |
PowerRating) announced an additional 4 million share buyback.

Brice Wightman


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