7 Stocks You Need to Know for Tomorrow(Wednesday March 12th 2008)
Posted in: Investments, By: admin, At: March 11th, 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:GOOG - News) $3.1 billion acquisition of DoubleClick. GOOG’s Short Term PowerRating is 5.
In related news, a federal judge ruled that Viacom (NYSE:VIA - News) 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:WLP - News) plunged more than 28% after missing earnings estimates. WLP’s Short Term PowerRating is 6.
After the close, J. Crew Group (NYSE:JCG - News) reported earnings in-line with estimates and raised guidance. JCG’s Short Term PowerRating is 4.
Take-Two Interactive Software (NasdaqGS:TTWO - News) 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:VIP - News) is expected to report earnings of $0.39. VIP’s Short Term PowerRating is 8.
American Express (NYSE:AXP - News) was the biggest gainer in the Dow today, rising 9.47%. AXP’s Short Term PowerRating is 4.


















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