7 Stocks You Need to Know for Tomorrow(Wednesday March 12th 2008)

Stocks surged on Tuesday after the Federal Reserve made $200 billions of treasuries available in exchange for mortgage backed securities.The Dow gained +416.66, the Nasdaq Composite +86.42, and the S&P 500 +47.28.

Here are 7 stocks to watch…

The EU approved Google’s (NasdaqGS:GOOGNews) $3.1 billion acquisition of DoubleClick. GOOG’s Short Term PowerRating is 5.

In related news, a federal judge ruled that Viacom (NYSE:VIANews) can’t pursue $1 billion in punitive damages against YouTube, a unit of Google, for copyright infringement. VIA’s Short Term PowerRating is 5.

Wellpoint (NYSE:WLPNews) plunged more than 28% after missing earnings estimates. WLP’s Short Term PowerRating is 6.

After the close, J. Crew Group (NYSE:JCGNews) reported earnings in-line with estimates and raised guidance. JCG’s Short Term PowerRating is 4.

Take-Two Interactive Software (NasdaqGS:TTWONews) beat Q1 estimates by $0.10 and issued Q2 guidance in-line. TTWO’s Short Term PowerRating is 10.

Before the market open on Wednesday, Vimpel Communications (NYSE:VIPNews) is expected to report earnings of $0.39. VIP’s Short Term PowerRating is 8.

American Express (NYSE:AXPNews) was the biggest gainer in the Dow today, rising 9.47%. AXP’s Short Term PowerRating is 4.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • StumbleUpon
  • Technorati
  • BlinkList
  • Furl
  • Live
  • Propeller
  • Spurl
  • YahooMyWeb
  • NewsVine
  • Reddit
  • Socialogs
  • TailRank

Leave a Reply