TradingMarkets 7 Stocks You Need to Know for Friday

By | TradingMarkets.com | August 16, 2007 12:00 AM
Symbols: GM, HPQ, CFC, SJM, LANC

Here are 7 stocks for traders for Friday:


Hewlett-Packard ( HPQ | Quote | Chart | News | PowerRating) beat earnings on Thursday afternoon,
announcing $0.71 EPS over an expected $0.66 EPS. HPQ's PowerRating is 6.


J.M. Smucker ( SJM | Quote | Chart | News | PowerRating) reports quarterly earnings on Friday before the
bell; watch for $0.67 EPS. SJM's PowerRating is 6.


Lancaster Colony ( LANC | Quote | Chart | News | PowerRating) should announce $0.62 EPS on Friday
morning before the market opens.LANC's PowerRating is 5.


Mortgage lender Countrywide Financial ( CFC | Quote | Chart | News | PowerRating) drew on a $11.5
billion line of credit to cover massive losses; Moody's also downgraded CFC's
senior debt rating to the lowest investment-grade rating. CFC's PowerRating is
7.


General Motors ( GM | Quote | Chart | News | PowerRating) plummeted after a mortgage originator,
Residential Capital owned by the auto maker was cut to junk status by Moody's.
GM's PowerRating is 5.


Oil sold off over 4% today, so watch for major oil companies to be affected,
like Exxon Mobil ( XOM | Quote | Chart | News | PowerRating) and Chevron ( CVX | Quote | Chart | News | PowerRating). XOM's
PowerRating is 6, and CVX's PowerRating is 6.


PowerRatings (for Traders) are courtesy of TradingMarkets.com


Original publication: August 16, 2007

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