7 Stocks you need to know for Wednesday

Stocks advanced for their 6th straight daily gain. Research has indicated that 77% of the reporting companies on the S&P 500 have beat earnings estimates this period. Bernanke appeared slightly nervous during his testimony stating that the markets remain stressed and the budget deficit poses a serious threat to the recovery. Despite Bernanke's nervousness, stocks closed higher with the DJIA adding another 67.79, the tech heavy Nasdaq advanced 6.91 and the broad based S&P 500 climbed 3.45.

Here are 7 stocks you need to know about for Wednesday.

Pizza chain king, Domino's Pizza (DPZ | Quote | Chart | News | PowerRating), reports second quarter earnings Wednesday morning before the bell with an expected EPS of 20 cents.

Eli Lilly (LLY | Quote | Chart | News | PowerRating) is estimated to see an EPS of $1.02 prior to market open on Wednesday.

Drug giant, GlaxoSmithKline (GSK | Quote | Chart | News | PowerRating) reports Wednesday before trading with an average analyst estimate of 86 cents/share.

Boeing (BA | Quote | Chart | News | PowerRating) is counting on an EPS of $1.19 for the second quarter announced before the bell on Wednesday.

Exelon (EXC | Quote | Chart | News | PowerRating) withdrew its offer to purchase Princeton NJ based NRG (NRG | Quote | Chart | News | PowerRating).

Wells Fargo (WFC | Quote | Chart | News | PowerRating) announces 2nd quarter earnings before the open with an expected EPS of 35 cents.