7 Stocks you need to know for Monday
The Christmas week went out with a bang as the major stock indexes hit yearly highs on the session. Congress moving to raise the US debt ceiling to avoid a federal default was mostly ignored by the equity market. Investors focused on a surging tech sector and positive words from the factory orders front sending stocks higher for the fifth day in a row. The DJIA surged 53.66, the Nasdaq added 16.05, and the S&P 500 climbed 5.88 to 1126.48.
Here are 7 stocks you need to know for Monday
CalMaine Foods (CALM | Quote | Chart | News | PowerRating) announces before the open with an expected EPS of 63 cents.
A loss of 11 cents is on tap for Northwest Pipe Company (NWPX | Quote | Chart | News | PowerRating) prior to trading.
Valley National (VLY | Quote | Chart | News | PowerRating) has just repaid its TARP funds.
Standpoint Research downgraded Mosaic (MOS | Quote | Chart | News | PowerRating) to hold.
Apple (AAPL | Quote | Chart | News | PowerRating) is in talks with Disney (DIS | Quote | Chart | News | PowerRating) and CBS Corp (CBS | Quote | Chart | News | PowerRating) for launching a subscription internet TV service next year.
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