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Thursday, March 22, 2007

Hot Stocks to Watch Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Nike (NYSE:NKE - News) beat earnings Thursday afternoon with $1.37 EPS over a consensus of $1.33 EPS. NKE's PowerRating is 5.
Palm (NasdaqGS:PALM - News) beat earnings on Thursday after the close, announcing $0.16 EPS over an expected $0.12 EPS. PALM's PowerRating is 5.
KB Home (NYSE:KBH - News) beat earnings estimates Thursday morning, but also said that Q1 profit fell 84%. KBH's PowerRating is 3.
Activision (NasdaqGS:ATVI - News) announced a multi-year deal to develop and distribute videogames based on Live Nation's products. ATVI's PowerRating is 4.
Motorola (NYSE:MOT - News) cut its quarterly forecast from $10.46 billion to $9.2 billion, prompting major selling. Watch for more action into the week's end. MOT's PowerRating is 4.
Tyson Foods (NYSE:TSN - News) announced plans to sell two poultry plants in Alabama; around 400 people will lose their jobs in the acquisition. TSN's PowerRating is 5.
JP Morgan raised its target for Intermune (NasdaqGM:ITMN - News) from $29 to $34 because investors are undervaluing some of the company's key products. ITMN's PowerRating is 1.
PowerRatings are courtesy of TradingMarkets.com

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