TradingMarkets 7 Stocks You Need To Know For Thursday
Stocks were mixed Wednesday, with the S&P making a
new 4 1/2 year high, but the tech-laden Nasdaq closing down slightly.
The Russell 2000 closed just short of an historic high. Utilities were
strong on merger talks.
The trade deficit hit an all-time high in October at $68.89 billion vs 66.1
billion in September. Import prices fell 1.7%; export prices fell 0.9%.
The dollar saw the largest single-day drop vs. the yen in over three years.
Ken Tower, Chief Market Strategist for Cybertrader Inc./Charles
Schwab, said: “There are some very positive things going on in the markets
today besides the move to new highs on the S&P and the Dow getting close to
11,000–volatility is falling, and I think that is a positive sign. One concern
is that technology is not playing a leadership role right here; it’s not a very
strong day for semiconductors or tech stocks in general.”
Now, here are seven stocks to watch on Thursday:
Apollo Group
(
APOL |
Quote |
Chart |
News |
PowerRating) reports before the open Thursday; look for 0.70. APOL’s
PowerRating
is 5.
Bear Stearns
(
BSC |
Quote |
Chart |
News |
PowerRating) reports as well; look for $2.63. BSC‘s
PowerRating
is 6.
Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) reports before the open; look for $3.35. GS’s
PowerRating
is 5.
KB Homes
(
KBH |
Quote |
Chart |
News |
PowerRating) reports Thursday; look for $3.34. KBH’s
PowerRating is 5.
Lennar
(
LEN |
Quote |
Chart |
News |
PowerRating) reports Thursday; look for $3.34. LEN’s
PowerRating is 5.
Amgen
(
AMGN |
Quote |
Chart |
News |
PowerRating)
will acquire
Abgenix
(
ABGX |
Quote |
Chart |
News |
PowerRating) for $22.50/share. AMGN’s
PowerRating
is 7.
What’s the PowerRating for your favorite
stock? Click here.
Brice Wightman
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