Wednesday Morning Coffee with TradingMarkets

Good Morning!

Stocks Finish Higher After Soft Open … Nasdaq, S&P 500 Gain More Than 2% as Market Near Overbought Territory …Escape from TARP: Banks Lobby for Looser Exit Rules … Earnings on Deck for Today Include: BA, FCX, T, WFC, MCD ….

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TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

  • Reporting earnings after the close on Tuesday, Yahoo!
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    announced per share earnings of 0.08, in line with expectations.

  • A large number of key stocks are reporting quarterly earnings Wednesday morning. These include consumer-related names like McDonald’s
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    , which is expected to report EPS of 0.82, and Pepsi Bottling Group
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    , which is expected to announce per share earnings of 0.05.

  • Among the financial companies reporting earnings before the bell on Wednesday is Wells Fargo
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    . Earnings per share of 47 cents is what analysts are expecting to hear from Wells Fargo.

  • Industrial and materials stocks will be represented in Wednesday’s pre-market earnings reports, as well. For the industrials, Boeing
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    is expected to announce per share earnings of 0.96. In the earnings spotlight for the basic materials sector will be Freeport McMoran Copper & Gold
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    . Analysts are expecting EPS of 0.13 from Freeport McMoran.

  • AT&T
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    reports earnings Wednesday morning before the bell. Analysts are expecting EPS of 50 cents.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Terra Nitrogen Company LP TNH 9
Qwest Communications Q 8
Ford Motor Company 8
Broadcom Corporation BRCM 8
Taiwan Semiconductor ADRs TSM 8

View More Stocks

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