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Tuesday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
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Good Morning!

Dow Rallies More Than 11% ... Treasury Plows Capital Into Goldman, Citi, JP Morgan, Bank of America, Morgan Stanley ... Bank Recapitalizations Send Asian Stocks Soaring ... Machinist Strike Continues at Boeing ... Gold Lower, Crude Oil Edges Higher

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 7 Stocks You Need to Know for Tuesday

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:

  • Reporting earnings Tuesday morning before the market opens, Johnson & Johnson (JNJ | Quote | Chart | News | PowerRating) is expected to announce earnings per share of 1.11.

  • Waste Management Industries (WMI | Quote | Chart | News | PowerRating) will drop its bid for Republic Services (RSG | Quote | Chart | News | PowerRating) citing the current economic climate.

  • Intel (INTC | Quote | Chart | News | PowerRating) reports quarterly earnings Tuesday afternoon after the market closes. Analysts expect the company to report earnings per share of 0.34.

  • Abbott Laboratories (ABT | Quote | Chart | News | PowerRating) announced a $5.5 billion share buyback program on Monday.

  • Morgan Stanley (MS | Quote | Chart | News | PowerRating) reported that it had completed an agreement with Mitsubishi UFJ that will provide for a $9 billion stake in the Wall Street firm.

  • Genentech Inc. (DNA | Quote | Chart | News | PowerRating) reports earnings Tuesday after the close. Analysts are expecting EPS of 0.88.

For a list of today's highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Jos A Bank Clothiers JOSB 9
Geo Group Inc. GEO 8
Lear Corporation LEA 8
Affymetrix Inc. AFFX 8
Clear Channel Outdoor Holdings CCO 8
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