TradingMarkets 7 Stocks You Need to Know for Thursday: GRMN, AMAT, ZEUS, NFLX, WYNN, DTG, NEM

Energy stocks were the main attraction for buyers on a day when the broader market was more inclined to continue selling off. Up nearly 2% and more than 2% respectively were stocks like ^CVX^ and ^COP^. Even more impressive were the gains in ^COG^. Shares of COG soared by more than 12% after a one-day dip to the edge of oversold territory on Tuesday.

A number of retailers are scheduled to announce quarterly earnings on Thursday, including ^KSS^, ^GPS^ and ^TGT^. Shares of Target have closed lower for five days in a row, falling back below their 200-day moving average in the first half of the month.

Here are 7 Stocks You Need to Know for Thursday.

After opening lower, shares of ^GRMN^ rallied to break even ahead of trading on Thursday. Garmin was among the stocks we highlighted yesterday in TradingMarkets 7 Stocks You Need to Know for Wednesday.

Closing lower for a second day in a row on Wednesday were shares of ^AMAT^. The company is scheduled to report quarterly earnings Thursday after the market closes.

^ZEUS^ (below) pulled back by more than 3% in Wednesday’s trading.

ZEUS chart

Scheduled to report quarterly earnings on Thursday, the stock has closed lower for two days in a row.

The sell-off in shares of ^NFLX^ continued for a sixth consecutive session. NFLX was down another 4% in Wednesday’s trading.

^WYNN^ (below) pulled back by more than 2% in trading on Wednesday.

WYNN

The pullback in WYNN puts the stock in oversold territory above the 200-day moving average for a second session in a row. WYNN was last oversold approximately a month ago after a five-day pullback.

Shares of ^DTG^ (below) pulled back by well over 1% in trading on Wednesday before rallying into the close.

DTG chart

Wednesday’s close was the second consecutive lower close for DTG, which reports quarterly earnings on Thursday.

Shares of ^NEM^ rallied back above their 200-day moving average on Wednesday, gaining more than 1%. NEM reports earnings for the quarter Thursday morning before the bell.

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David Penn is Editor in Chief of TradingMarkets.com