TradingMarkets 7 Stocks You Need to Know for Wednesday

Stocks erased heavy early losses to close mixed on Tuesday. The Dow lost -45.10, the S&P 500 -4.59, while the Nasdaq Composite gained +1.68.

Here are 7 stocks to watch…

Citigroup
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lost more than 4% after analysts at Merrill Lynch lowered their earnings forecast for the company.

Intel
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worried investors after the company lowered its outlook for the current quarter.

Staples
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reported earnings of $0.47 per share, in-line with estimates.

Clearwire
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reported much worse than expected results. The company’s earnings were -$4.58 per share, versus expectations of -$1.01.

Chico’s FAS
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is scheduled to report before the market open tomorrow. Analysts are expecting a Q4 2007 loss of -$0.15 per share.

Also before the open, BJ’s Wholesale Club
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is expected to report earnings of $0.74 per share.

Do you think Barrick Gold
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will close up or down on Thursday? Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.