TradingMarkets 7 Stocks You Need to Know for Tuesday
Selling and more selling characterized trading on the first trading day of March. Losses were most pronounced in the S&P 500 which closed down well over 4%.
The Dow fell 299.64. The Nasdaq Composite ended lower by 54.99. And the S&P 500 closed down 34.27.
Here are 7 Stocks You Need to Know for Tuesday.
AutoZone
(
AZO |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting earnings per share of 1.85.
Analysts are expecting an EPS loss of 17 cents when Chico FAS
(
CHS |
Quote |
Chart |
News |
PowerRating) reports earnings Tuesday morning.
Also reporting quarterly earnings Tuesday before the bell is Tech Data Corporation
(
TECD |
Quote |
Chart |
News |
PowerRating), which is expected to announce EPS of 73 cents.
Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating) revised its earnings outlook lower, while announcing that the company would be releasing 15 new drugs between now and 2010. Genentech continues to resist a hostile bid from Swiss pharmaceutical giant, Roche.
American International Group
(
AIG |
Quote |
Chart |
News |
PowerRating) will get an additional $30 billion in public assistance after reporting a record fourth quarter loss of more than $60 billion.
Considered one of the better managed of those institutions still standing on Wall Street, Morgan Stanley
(
MS |
Quote |
Chart |
News |
PowerRating) nonetheless pulled back by more than 8% on Monday.
VeriFone Holdings Inc.
(
PAY |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings after the market closes on Tuesday. Analysts are expecting PAY to announce earnings per share of 11 cents.
Our highest Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free, 7-day trial to our Short Term PowerRatings!