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Thursday, June 14, 2007

Hot Stocks to Watch Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Adobe Systems (NasdaqGS:ADBE) beat earnings on Thursday after the close, announcing $0.37 EPS over an expected $0.36 EPS. ADBE's PowerRating is 5.
Winnebago Industries (NYSE:WGO) reports earnings on Friday morning before the bell; watch for $0.49 EPS. WGO's PowerRating is 3.
Steel Dynamics (NasdaqGS:STLD) announced plans to buy The Techs, a steel galvanizing company, for $360 million. STLD's PowerRating is 6.
Progressive Corporation (NYSE:PGR) announced a stock buyback plan of 100 million share over the next 24 months. PGR's PowerRating is 5.
Goldman Sachs (NYSE:GS) and Bear Stearns (NYSE:BSC) both reported earnings on Thursday morning, which were affected by the broad fallout of the subprime mortgage meltdown. GS's PowerRating is 5, and BSC's PowerRating is 4.
Colgate-Palmolive (NYSE:CL) announced that counterfeit Colgate toothpaste was discovered in 4 different states. CL's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

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