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An end-of-session rally? That's just how stocks closed out the week on Friday, with the Dow up more than 6% and back above 8,000.
The Dow climbed by 494.13. The Nasdaq Composite added 68.23. And the S&P 500 closed higher by 47.59.
Here are 7 Stocks You Need to Know for Monday.
An analyst with Oppenheimer Company upgraded shares of Microsoft (MSFT | Quote | Chart | News | PowerRating) from "perform" to "overperform" on Friday and set a price target of $22.
Wal-Mart (WMT | Quote | Chart | News | PowerRating) announced that chief executive officer, Lee Scott, was retiring. He will be replaced by Mike Duke, who heads Wal-Mart's overseas operations.
Campbell Soup (CPB | Quote | Chart | News | PowerRating) reports quarterly earnings on Monday before the market opens. Analysts are expecting EPS of 76 cents.
A surprising earnings beat and a Citigroup upgrade from "hold" to "buy" helped send shares of retailer Gap Inc. (GPS | Quote | Chart | News | PowerRating) higher on Friday.
With gold moving to a one-month high on Friday, money flowed into gold stocks such as AngloGold Ashanti Ltd. (AU | Quote | Chart | News | PowerRating) which soared by more than 30%.
Also higher on Friday was basic materials company Alcoa (AA | Quote | Chart | News | PowerRating), gaining more than 20% as one of the leading stocks in the Dow on the day.
Amid rumors that the company might consider selling parts of its business - or even look to sell itself entirely - Citigroup (C | Quote | Chart | News | PowerRating) shares slid below $4 on Friday.
Do you think that Citigroup will be Up or Down on Tuesday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 each month by correctly guessing the direction of a stock!
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