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Wednesday, March 10, 2010

TradingMarkets 7 Stocks You Need to Know for Wednesday

Wholesale Trade and the Treasury Budget hit the wires midweek. Several important earnings announcements will also take place prior to the trading day. Bulls celebrated their one year of dominance by closing higher on the session. Bearish pressure was placed on the United States by the European Union to rein in short trading euro speculators and Credit Swap Default traders. This pressure resulted in a topsy turvy day with a positive overall close. The DJIA climbed 11.86, the tech heavy Nasdaq index advanced 8.47, and the broad based S&P 500 eased higher by 1.94.
Here are 7 stocks you need to know for Wednesday.
A hefty $4.65 per share is expected prior to trading for Bon Ton Stores Inc. The Stock PowerRating for BONT is 2.
Candy maker, Cadbury plc, announces before the open with a forecast EPS not revealed.
Children's Place Retail Stores has traders awaiting $1.03/share prior to the opening bell. The Stock PowerRating for PLCE is 2.
Ski resort operator, Vail Resorts, hopes its EPS beats the consensus estimate of $1.13. The Stock PowerRating for MTN is 5.
An overhyped Cisco router failed to energize tech bulls upon release. The Stock PowerRating for CSCO is 4.
Rumors are sweeping the street that American International Group will soon divest more divisions. The Stock PowerRating for AIG is 2.
Exxon is digging deeper to locate unconventional assets to get an edge over their competitors. The Stock PowerRating for XOM is 4.
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