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TradingMarkets 7 Stocks You Need to Know for Friday

By John Patrick Lee | TradingMarkets.com
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Stocks closed higher on Thursday, as weekly jobless claims rose less than expected and some positive stock news helped to raise investor sentiment. Click here to read the rest of today's Stock Market Recap.

Here are 7 stocks for traders for Friday:

Late Thursday, Lattice Semiconductor (LSCC | Quote | Chart | News | PowerRating) revised its Q3 revenue outlook downward to reflect a one-time restructuring charge.

Alcatel-Lucent (ALU | Quote | Chart | News | PowerRating) extended losses, falling an additional 8% after slashing revenue forecasts for 2007 earlier this week.

Build-A-Bear (BBW | Quote | Chart | News | PowerRating) rose about 8% on Thursday, on rumors that the company is on the market for a buyout acquisition.

Cephalon (CEPH | Quote | Chart | News | PowerRating) announced that some patients have died after being given the company's painkiller Fentora.

Kohl's (KSS | Quote | Chart | News | PowerRating) introduced its new Vera Wang collection of clothes and accessories, which the company feels will drive sales during the holiday. KSS rose over 6%.

Countrywide Financial (CFC | Quote | Chart | News | PowerRating) and NovaStar Financial (NFI | Quote | Chart | News | PowerRating) both jumped today on news that CFC managed to acquire and additional $12 billion through existing credit lines.


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