TradingMarkets 7 Stocks You Need to Know for Friday
- On 4:01 pm EDT, Thursday October 22, 2009
Strong earning reports from several key names counteracted weak macro economic news sending shares soaring on the session. Word of the Fed attempting to control bank pay in an effort to reign in reckless gambles and the Treasury slashing salaries at firms receiving bail out funds did little to stem the bullish sentiment. The DJIA advanced 131.95, the tech heavy Nasdaq climbed 14.65, and the broad based S&P 500 moved higher by 11.51.
Here are 7 stocks you need to know for Friday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work.
Wilmington Trust (NYSE:WL - News) is expecting to see third quarter earnings of 7 cents before the bell on Friday morning. The Stock PowerRating for WL is 8.
46 cents/share is the forecast third quarter figure for T. Rowe Price Group (NasdaqGS:TROW - News) prior to trading on Friday. The Stock PowerRating for TROW is 5.
Ingersoll-Rand Company (NYSE:IR - News) has its sights set on a third quarter result of 61 cents/share before the 9:30 AM EST market start on Friday. The Stock PowerRating for IR is 4.
95 cents/share is the consensus figure for Exelon (NYSE:EXC - News) third quarter on Friday morning prior to trading. The Stock PowerRating for EXC is 6.
Dr. Reddy's Labs (NYSE:RDY - News) is ready for its fiscal 2nd quarter 2010 earnings before the bell on Friday with an expected 20 cents/share result. The Stock PowerRating for RDY is 6.
An EPS of 77 cents is the projected figure for Whirlpool Corp (NYSE:WHR - News) third quarter revealed prior to trading on Friday morning. The Stock PowerRating for WHR is 7.
Fortune Brands (NYSE:FO - News) has forecast a third quarter EPS of 63 cents before the bell on Friday. The Stock PowerRating for FO is 6.
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