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TradingMarkets 7 Stocks You Need to Know for Monday
By Ashton Dorkins | TradingMarkets.com | April 18, 2008
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Stocks ended the week with a big rally after well-received earnings, especially from Google, Citigroup and Caterpillar.

The Dow rose +228.87, the Nasdaq Composite +61.14 and the S&P 500 +24.77.

Here are 7 Stocks You Need to Know for Monday:

Shares of Google (GOOG | Quote | Chart | News | PowerRating) soared 20%, leading a broad-based market rally, after the Internet bellwether beat estimates by $0.32.

Citigroup (C | Quote | Chart | News | PowerRating) reported a $5.1 billion net loss, missing estimates by $0.07, after the banking giant was forced to write-down a further $13.9 billion.

Caterpillar (CAT | Quote | Chart | News | PowerRating) beat estimates by $0.12 and reaffirmed its full year 2008 earnings guidance of 5% to 10% revenue growth.

Before the market open on Monday, pharmaceutical giants Merck and Eli Lilly are scheduled to report earnings...

The consensus estimate for Merck (MRK | Quote | Chart | News | PowerRating) is $0.86, and the number for Eli Lilly (LLY | Quote | Chart | News | PowerRating) is $0.96 per share.

Haliburton (HAL | Quote | Chart | News | PowerRating) is also set to report, look for earnings of $0.64.

And finally, Bank of America (BAC | Quote | Chart | News | PowerRating) is expected to report earnings of $0.41 per share.

Do you think Bank of America will close up or down on Tuesday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes predicting the direction of a stock!


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