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Wednesday, January 10, 2007

Hot Stocks to Watch Thursday

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Genentech (NYSE:DNA - News) beat earnings on Wednesday afternoon, with $0.61 EPS over an expected $0.55 EPS. DNA's PowerRating is 5.
U.S. Airways (NYSE:LCC - News) upped its hostile takeover bid for Delta Airlines to $5 billion in cash. LCC's PowerRating is 5.
Infosys (NASDAQ:INFY - News) reports earnings on Thursday before the open; look for $0.36 EPS. INFY's PowerRating is 6.
M&T Bank (NYSE:MTB - News) announces quarterly earnings on Thursday morning, with analysts expecting $1.88 EPS. MTB's PowerRating is 6.
MGIC Investment (NYSE:MTG - News) is expected to report $1.53 EPS on Thursday before trading begins. MTG's PowerRating is 6.
IHS (NYSE:IHS - News) reports earnings on Thursday afternoon, so watch for heightened price action and volume ahead of the close. IHS's PowerRating is 6.
Oil stocks remain a focus as crude continues to fall steadily. Chevron (NYSE:CVX - News) warned that Q4 revenues will be negatively effected by crude prices. CVX's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

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