TradingMarkets 7 Stocks You Need to Know for Tuesday
The aggressive selling continued on the first day of the week. Deep seated fears that the recovery is built on a shaky foundation and consumer spending concerns drove shares sharply lower. After the initial opening sell off, stocks struggled in vain to regain footing while the VIX fear gauge held onto most of its gains. The DJIA spiked down 186.06, the tech heavy Nasdaq was slammed 54.68, and the broad based S&P 500 cracked the 1000 support level falling 24.36.
Here are 7 stocks you need to know for Tuesday.
Big box home do-it-yourself giant, Home Depot
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PowerRating), is expecting to see 59 cents/share for its fiscal second quarter 2010. HD reveals before the bell on Tuesday.
High end retailer, Saks
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The favorite fashion retailer of bargain craving fashionistas, Target
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PowerRating), has 66 cents/share in its sights for the fiscal second quarter 2010 announced Tuesday prior to the bell.
86 cents/share is the projected fiscal fourth quarter 2009 results for Cardinal Health
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PowerRating) before trading starts on Tuesday.
La-Z-Boy
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PowerRating) is relaxing when waiting for a projected fiscal first quarter 2010 loss of 6 cents to be revealed after the trading day ends on Tuesday evening.
Computer firm, Hewlett Packard
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PowerRating), has its eye on fiscal third quarter 2009 earnings of 89 cents/share.
Announcing before the bell, Perrigo Company
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PowerRating), is expecting to see fiscal fourth quarter 2009 earnings of 46 cents/share.
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