TradingMarkets 7 Stocks You Need to Know for Wednesday
Investors are anxiously awaiting the start of Ben Bernanke’s testimony before congress midweek. A more hawkish tone is expected that may dampen the recent equity enthusiasm. Another hefty slate of earnings will also greet traders on Wednesday. A sharp, unexpected drop in the consumer confidence number sent shares sharply lower Tuesday. Strong results in the retail sector were not enough to keep the bullish ball rolling on the session. The DJIA plunged 100.97, the Nasdaq fell 28.59 and the broad based S&P 500 gave back 13.41.
Here Are 7 stocks you need to know for Wednesday.
^GIS^ reports after the close with a forecast EPS of 93 cents.
Struggling video rental chain, ^BBI^, is expecting a 17 cent/share loss after trading ends.
Mc Mansion masters, ^TOL^, announces during the trading day with an estimated EPS loss of 34 cents.
Trucker’s paradise, ^TA^, is looking at a $1.70/share loss prior to the opening bell.
A 2 cent/share loss is awaiting investors in upscale retailer ^SKS^ before the open.
^SJM^ is expected to post a tasty EPS of $1.05 prior to the trading day.
$1.43/share is in the cards for discount retailer ^DLTR^ before the bell.