Friday, September 25, 2009

7 Stocks you need to know for Friday

The bears remained in control today as disturbingly lower home sales and a climbing dollar weighed on equities. Gold plummeted to below the technically critical support of $1000.00/oz while oil followed the downward spiral. The DJIA sunk 41.11, the Nasdaq dropped 23.81 and the broad based market barometer S&P 500 gave back 10.09.

Here are 7 stocks you need to know for Friday.

KB Home (KBH | Quote | Chart | News | PowerRating) is expecting a loss of 68 cents/share for their fiscal 3rd quarter 2009 on Friday before the trading day starts.

An EPS of 65 cents is forecast at AZZ Inc (AZZ | Quote | Chart | News | PowerRating) for their fiscal 2nd quarter 2010 prior to the opening bell on Friday morning.

Citigroup (C | Quote | Chart | News | PowerRating) is seriously considering reducing its 1001 branch network.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) has forecast a huge upswing in home sales for 2010, and has upgraded ratings for builders Toll Brothers (TOL | Quote | Chart | News | PowerRating), DR Horton (DHI | Quote | Chart | News | PowerRating), and Meritage Homes (MTH | Quote | Chart | News | PowerRating).

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