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Sunday, November 11, 2007

Hot Stocks to Watch Monday

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Leap Wireless (NasdaqGS:LEAP - News) lost 35% on Friday, after announcing plans to correct accounting revenue mistakes from 3 years ago. LEAP's PowerRating (for Traders) is 7.
Merck (NYSE:MRK - News) rallied over 4% on Friday, on news that the company will pay nearly $5 billion to settle the majority of the company's Vioxx-related lawsuits. MRK's PowerRating (for Traders) is 6.
Blackstone (NYSE:BX - News) reports earnings on Monday before the bell, with traders looking for $0.33 EPS. BX does not have a PowerRating (for Traders) due to its short trading histroy.
Analysts are watching for EchoStar (NasdaqGS:DISH - News) to announce $0.44 EPS on Monday before the market opens. DISH's PowerRating (for Traders) is 5.
Tyson Foods (NYSE:TSN - News) is looking to report $0.10 EPS on Monday morning. TSN's PowerRating (for Traders) is 5.
Globecomm Systems (NasdaqGM:GCOM - News) and Bob Evans (NasdaqGS:BOBE - News) both report earnings after the close on Monday, so watch for heightened price action and volatility ahead of the bell. GCOM's PowerRating (for Traders) is 7, and BOBE's PowerRating (for Traders) is 5.

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