Wednesday, November 04, 2009

7 Stocks you need to know for Wednesday

Warren Buffett placed the largest wager of his life by agreeing to purchase Burlington Northern Santa Fe Corp for $26 billion dollars. He is calling this bet an "all-in-wager" on the economic future of the United States. Despite this show of confidence, stocks closed

mixed today as recovery worries weighed heavily on shares. The DJIA closed down 17.53, the tech heavy Nasdaq added 8.12 and the broad based S&P 500 climbed 2.53.

Here are 7 stocks you need to know for Wednesday.

Cheap phone service provider, Vonage (VG | Quote | Chart | News | PowerRating), is looking at a loss of 5 cents/share before the open on Wednesday.

An EPS of 99 cents is the expected number for insurer Allstate (ALL | Quote | Chart | News | PowerRating) prior to the bell on Wednesday.

Home building giant Pulte (PHM | Quote | Chart | News | PowerRating) is hoping their loss does not exceed 63 cents/share revealed Wednesday morning prior to trading.

Cisco Systems (CSCO | Quote | Chart | News | PowerRating) reports after the close with a forecast EPS of 26 cents for their fiscal 1st quarter 2010.

Credit score masters, Fair Isaac (FICO | Quote | Chart | News | PowerRating) is expecting to see an EPS of 43 cents after the bell for their fiscal 4th quarter 2009.

Qualcomm (QCOM | Quote | Chart | News | PowerRating) announces after the close with and expected fiscal 4th quarter EPS of 46 cents.

Prudential (PRU | Quote | Chart | News | PowerRating) has its eyes set on an EPS of $1.33 after the close on Wednesday evening.

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