TradingMarkets 7 Stocks You Need to Know for Wednesday
Another bumper crop of major earnings releases await investors by midweek as stocks surged higher for the second straight session. Positive word from pending home sales and a stellar sales report from Ford Motor Company lifted shares across the board. Investors ignored potentially bearish news of the Fed tampering with bank’s trading operations and rising unemployment. The DJIA advanced 111.32, the Nasdaq pushed higher by 18.86 and the S&P 500 climbed 14.13.
Here are 7 stocks you need to know for Wednesday.
^CSCO^ is expecting an EPS of 30 cents after the close on Wednesday.
Credit card kingpin, ^V^, reports after the bell on Wednesday evening with a forecast EPS of 91 cents.
American Express Financial Services, now known as ^AMP^, has analysts waiting for an EPS of 75 cents after the 4:00PM EST close on Wednesday.
Before the opening bell expect to hear from cable TV top dog, ^CMCSA^ with a forecast EPS of 27 cents.
23 cents/share is the projected number for ^IP^ prior to the opening bell.
Electronic maker, ^HIT^, is bracing for a 57 cent loss before the market opens.
Tool specialist, ^BDK^, announces pre-open with a consensus estimate of 76 cents/share.