Wednesday, March 03, 2010

7 Critical Stocks For Today

The ADP Employment Report will hit the wire first thing Wednesday morning potentially setting the tone for the day. A multitude of important earnings announcements including several from big box retail discount chains will add to the midweek flavor. Positive international news emanating from Greece combined with strong US merger activity led to a modest up close. The DJIA was the laggard due to selling in Microsoft, International Business Machines and Hewlett Packard. The DJIA added 1.81, the tech heavy Nasdaq climbed 7.22 and the broad based S&P 500 eased higher by 2.59.

Here are 7 stocks you need to know for Wednesday

An expected loss of 64 cents/share is awaiting investors in Take-Two Interactive Software, Inc TTWO after the close

Long time pet supply retailer, PETsMart Inc PETM reports after the final trade with a forecast EPS of 56 cents

Athletic shoe retail purveyor, Foot Locker inc FL, has analysts looking for 25 cents after the closing bell

8 cents/share is the consensus for rib eatery, Famous Dave’s DAVE upon the close

Insurance company, Progressive Corp PGR, reports during the trading day forecasting an EPS of 37 cents

Costco COST is looking at 71 cents/share prior to the trading day

96 cents/share is the expected figure for big box retail discount club BJ’s Wholesale Club BJ prior to trading

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