TradingMarkets 7 Stocks You Need to Know for Thursday
ABK, BIG, CHS, BJ, PETM, URBN, XOM

Stocks rose on Wednesday, despite oil and gold hitting record highs, the dollar falling to a record low, and Ambac Financial’s plunge. The Dow gained +41.19, the Nasdaq Composite +12.53, and the S&P 500 +6.95.

Here are 7 stocks to watch…

Ambac Financial
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lost nearly 20% after the company announced plans to raise $1.5 billion and stop insuring mortgage-backed securities.

Big Lots
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was the biggest gainer in the S&P500 after the company beat estimates and raised guidance.

Chico’s FAS
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lost nearly 14% after revenues fell short.

BJ’s Wholesale Club
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rose nearly 7% after the company beat estimates and reported an increase in same store sales.

After the close, PETsMART
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missed earnings estimates by $0.07.

Urban Outfitters
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is scheduled to report before the market open, with analysts expecting $0.29.

Do you think Exxon Mobil
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will close up or down on Friday? Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.