TradingMarkets 7 Stocks You Need To Know For Today

June 16, 2006
Brice Wightman

Here are 7 stocks for traders for
Friday:

Microsoft

(
MSFT |
Quote |
Chart |
News |
PowerRating) said that, effective July 2008, Bill Gates will no longer have a
day-to-day role in the company. Gates plans to spend more time with the Bill &
Melinda Gates Foundation.Â Bloomberg reports that Gates still plans
to remain the company’s largest shareholder. MSFT’s

PowerRating is 4.

Intel

(
INTC |
Quote |
Chart |
News |
PowerRating) was upgraded to Buy from Neutral at HSBC.
The stock was also mentioned in The Wall
Street Journal’s Heard on the Street column, in which it was mentioned
that the negative news is priced into the shares, and that while some feel the
stock is “dead money” others feel there isn’t much downside to the stock at
current levels. INTC’s PowerRating
is 3.

Adobe
(
ADBE |
Quote |
Chart |
News |
PowerRating) beat by a penny, but
missed on revenues; the company also guided lower for Q3. RBC upgraded the
stock to Outperform from Sector Perform, and Oppenheimer upgraded the stock to
Buy from Neutral. ADBE’s
PowerRating is 4.

KB Home
(
KBH |
Quote |
Chart |
News |
PowerRating) beat by $0.03, but revenues were less than
expected. Bank of America cut its target on the stock to $42 from $49. KBH’s
PowerRating is 4.