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Friday, March 30, 2007

Hot Stocks to Watch Monday

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Arena Resources (NYSE:ARD - News) announces earnings Monday before the market opens; watch for $0.46 EPS. ARD's PowerRating is 4.
Merix (NasdaqGM:MERX - News) reports earnings after the bell Monday, with analysts looking for $0.12 EPS. MERX is not PowerRated due to volume constraints.
United Technologies (NYSE:UTX - News) made an offer to acquire the electronic security division of Rentokil Initial for $1.17 billion. UTX's PowerRating is 6.
Eli Broad and Ron Burkle bested Sam Zell's $8 billion the takeover offer for Tribune (NYSE:TRB - News) by $1 a share. TRB's PowerRating is 5.
Oil prices are near their highs for this year. Watch oil producers and energy stocks like Conoco-Phillips (NYSE:COP - News), Exxon Mobil (NYSE:XOM - News) and the US Oil Fund (AMEX:USO - News). COP's PowerRating is 6, XOM's PowerRating is 5 and USO's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

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