TradingMarkets 7 Stocks You Need to Know for Monday

• By David Goodboy
• On 4:12 pm EDT, Friday October 23, 2009

Early warnings from the railroad sector sent stocks steeply lower on the session. Better than expected housing data and strong earnings from several prime names did not counteract the railroad generated fear. The DJIA fell 109.13, the tech heavy Nasdaq gave back 10.82, and the broad based S&P 500 dropped 13.31.

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

Corning Inc (NYSE:GLW - News) has analysts expecting third quarter earnings of 39 cents/share prior to trading. The Stock PowerRating for GLW is 5.

$1.06/share is the forecast third quarter earnings for McGraw-Hill (NYSE:MHP - News) before the bell. The Stock PowerRating for MHP is 5.

Verizon (NYSE:VZ - News) is projecting third quarter earnings of 60 cents/share for the third quarter prior to the 9:30 AM EST market open. The Stock PowerRating for VZ is 4.

An EPS of 30 cents is the consensus guess for RadioShack's (NYSE:RSH - News) third quarter before the open. The Stock PowerRating for RSH is 6.

DryShips (NasdaqGS:DRYS - News) is expecting a third quarter EPS of 21 cents after the close of trading. The Stock PowerRating for DRYS is 5.

Chinese internet search powerhouse, Baidu.com (NasdaqGS:BIDU - News), has forecast a third quarter EPS of $1.80. The Stock PowerRating for BIDU is 5.

Vertex Pharmaceuticals (NasdaqGS:VRTX - News) is hoping its third quarter loss does not exceed the estimated 80 cents/share. The Stock PowerRating for VRTX is 8.

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Buzz up!