TradingMarkets 7 Stocks You Need to Know for Wednesday

Stocks advanced for their 6th straight daily gain. Research has indicated that 77% of the reporting companies on the S&P 500 have beat earnings estimates this period. Bernanke appeared slightly nervous during his testimony stating that the markets remain stressed and the budget deficit poses a serious threat to the recovery. Despite Bernanke’s nervousness, stocks closed higher with the DJIA adding another 67.79, the tech heavy Nasdaq advanced 6.91 and the broad based S&P 500 climbed 3.45.

Here are 7 stocks you need to know about for Wednesday.

Pizza chain king, Domino’s Pizza
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, reports second quarter earnings Wednesday morning before the bell with an expected EPS of 20 cents.

Eli Lilly
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LLY |
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is estimated to see an EPS of $1.02 prior to market open on Wednesday.

Drug giant, GlaxoSmithKline
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reports Wednesday before trading with an average analyst estimate of 86 cents/share.

Boeing
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BA |
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is counting on an EPS of $1.19 for the second quarter announced before the bell on Wednesday.

Exelon
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EXC |
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withdrew its offer to purchase Princeton NJ based NRG
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.

Wells Fargo
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announces 2nd quarter earnings before the open with an expected EPS of 35 cents.

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