TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks rocked higher today, extending last week’s aggressive rally. Economically positive news from the Conference Board combined with beleaguered commercial lender, Cit Group, obtaining funding to avoid bankruptcy powered the optimistic spirit. Goldman Sachs joined the euphoria by stating that the second half of 2009 may trigger the most forceful stock market rally since 1982. The DJIA soared another 104.21 closing on the high of the day, the tech heavy Nasdaq followed suit adding 22.68 and the broad based S&P 500 gained 10.75.
Here are 7 stocks you need to know for Tuesday:
Tuesday is an extremely active earnings release day.
Coca-Cola
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PowerRating) is expecting to see an EPS of 82 cents before the bell on Tuesday.
Second quarter earnings of Lockheed Martin
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PowerRating) are forecast to be $1.81/share. The actual figure will be announced prior to trading Tuesday.
Yahoo
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PowerRating) is holding off until after the close to reveal their results with an estimated 8 cents/EPS.
Wyeth
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PowerRating) shareholders have voted to be acquired by Pfizer
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PowerRating) for $68 billion dollars.
Computer company Apple
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PowerRating) is anticipating an EPS of $1.15 prior to the opening bell.
Coffee giant Starbucks
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PowerRating) announces earning before the bell Tuesday morning with an analyst estimate of 19 cents/share.
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