TradingMarkets 7 Stocks You Need to Know for Wednesday
Stocks ended a roller coaster Tuesday session in the green for the most part, with homebuilders being among the better performing groups, along with financials and telecommunications stocks.
The Dow added 36.08. The Nasdaq Composite finished lower by 7.29. And the S&P 500 ended the day head 5.58.
Here are 7 Stocks You Need to Know for Wednesday.
Warning that the selling in shares of Google
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GOOG |
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PowerRating) was excessive, Barclays analysts pointed to a rebound in search advertising as a positive catalyst going forward.
Goldman Sachs
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GS |
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PowerRating) and Morgan Stanley
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MS |
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PowerRating) are the two banks taking the lead in selling FDIC-guaranteed debt.
In a cost-cutting effort, Cisco
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PowerRating) said that the company plans to shut down for the final week of the year. The move is expected to help save Cisco $1 billion.
Fears that Research in Motion
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PowerRating) might miss its subscriber goals for the quarter ending in November led to selling in the stock on Tuesday.
Shares of E*Trade
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ETFC |
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PowerRating) soared on optimism that the online brokerage firm would be able to access funds from the Federal Troubled Asset Relief Program or TARP.
Deere
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DE |
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PowerRating) reports quarterly earnings Wednesday morning before the markets open. Analysts are expecting EPS of 0.99.
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