TradingMarkets 7 Stocks You Need to Know for Thursday

• By David Goodboy
• On 4:36 pm EDT, Wednesday September 30, 2009

The stock market flipped more times than a sizzling hamburger on a too hot grill today. The session started on a positive note as bullish economic data lifted shares on the open. Soon after the Chicago PMI indicated that the economy was slowing triggering a sharp sell off. Greed driven bargain hunters took advantage of the carnage shooting the market back into positive territory midday. Economic reality soon struck the bulls via Alan Greenspan's bearish sentiment pushing the market into negative territory for the close. The DJIA ended the session lower by 29.92, the tech heavy Nasdaq fell 1.62, and the broad based S&P 500 dipped 3.54.

Here are 7 stocks you need to know for Thursday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work.

Constellation Brands (NYSE:STZ - News) is expecting to see a fiscal second quarter EPS of 41 cents prior to trading on Thursday. The Stock PowerRating for STZ is 6.

47 cents/share is the forecast fiscal third quarter 2009 results for CRA International (NasdaqGS:CRAI - News) before the bell on Thursday morning. The Stock PowerRating for CRAI is 5.

MSCI Inc (NYSE:MXB - News) has its sights set on an EPS of 29 cents for the fiscal third quarter 2009 on Thursday prior to the session. The Stock PowerRating for MXB is 5.

After the close, Accenture (NYSE:ACN - News), will reveal its fiscal fourth quarter 2009 earnings with an expected 63 cents share. The Stock PowerRating for ACN is 5.

Corel Corp (NasdaqGM:CREL - News) is expecting fiscal third quarter 2009 EPS to be 12 cents/share after trading ends on Thursday.

65 cents is the expected fiscal first quarter 2010 for Global Payments (NYSE:GPN - News) after the bell Thursday evening. The Stock PowerRating for GPN is 5.

Penske Automotive Group (NYSE:PAG - News) has called off plans to buy the Saturn brand from General Motors. The Stock PowerRating for PAG is 5.

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