TradingMarkets 7 Stocks You Need to Know for Monday

• By David Goodboy
• On 4:13 pm EDT, Friday August 28, 2009

Cranky consumers ended the 7 day stock rally on this final trading day of the week. Consumer optimism hit a 4 month low deflating the surging stock market. However, tech giants Dell and Intel increased their forecasts lifting the Nasdaq higher while the DJIA and S&P 500 closed lower on the day. The DJIA fell 36.43, the tech heavy Nasdaq eased higher by 1.04 , and the broad based S&P 500 gave back 2.05.

Here are 7 stocks you need to know for Monday.

Sun Microsystems (NasdaqGS:JAVA - News) is hoping that their loss isn't greater than 9 cents/share for the fiscal fourth quarter 2009. JAVA reports on Monday before the bell. The Short Term PowerRating for JAVA is 5.

China Mass Media Advertising (NYSE:CMM - News) has its sights set on an EPS of 14 cents for the second quarter, and will announce prior to the trading day on Monday morning.

Mattress maker, Culp (NYSE:CFI - News), will reveal its fiscal first quarter 2010 EPS after the close Monday, with an expected earnings of 12 cents/share.

Game king, Take-Two Interactive (NasdaqGS:TTWO - News), has analysts expecting a fiscal third quarter 2009 loss of 78 cents/share. The Short Term PowerRating for TTWO is 2.

High end retailer, Saks Fifth Ave (NYSE:SKS - News) has just inked a deal to sell hipster brand Timberland (NYSE:TBL - News) in several of its stores. SKS and TBL both have a Short Term PowerRating of 4.

International Paper Company (NYSE:IP - News) has announced its plans to create forests of genetically engineered super trees. The Short Term PowerRating for IP is 2.

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