2009-02-23

TradinMarkets 7 Top Stocks You Need to Know for Monday

A late rally helped bring top stocks higher from their lowest levels of the session on Friday. Strength could be found in telecommunications and technology shares.

The Dow lost 100.28. The Nasdaq Composite slipped 1.59. And the S&P 500 ended the day down 8.89.

Here are 7 hot stocks You Need to Know for Monday.

Reporting earnings before the market opens on Monday is Campbell Soup (NYSE:CPB - News). The food company is expected to announce earnings per share of 64 cents. The Short Term PowerRating for CPB is 5.

Goldman Sachs (NYSE:GS - News) placed discount retailer Dollar Tree (NasdaqGS:DLTR - News) on its "conviction buy list" on Friday. The Short Term PowerRatings for GS and DLTR is 5 and 4 respectively.

Among the bright spots on Friday was the performance of technology best stocks including Dell (NasdaqGS:DELL - News), which was up nearly 3% intraday. The Short Term PowerRating for DELL is 6.

A number of companies are announcing quarterly earnings after the close on Monday. Among them are Hertz Global (NYSE:HTZ - News), which is expected to report EPS of -0.05, Nordstrom (NYSE:JWM - News), which is expected to announce earnings per share of 30 cents; and DTE Energy (NYSE:DTE - News). Analysts are expecting earnings per share of 98 cents. The Short Term PowerRatings for HTZ and DTE is 5 and 7 respectively.

 

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