Wednesday, December 16, 2009

7 Stocks you need to know for Wednesday

The Fed was in full control of the stock market today as the FOMC meeting tomorrow depressed stocks. Fears of increased interest rate hints and stimulus retraction sent negative jitters across the board. Word of a drop in home builder sentiment and a climbing Greenback did little to help the bearish sentiment. The DJIA ended down 49.05, the Nasdaq gave back 11.05, and the broad based S&P 500 lost 6.18.

Here are 7 stocks you need to know for Wednesday.

Before the open, Joy Global (JOYG | Quote | Chart | News | PowerRating), reports with an expected EPS of $1.01.

Office chair maestro, Herman Miller (MLHR | Quote | Chart | News | PowerRating), announces after the close with a forecast number of 19 cents.

A loss of $1.49/share has been projected for home builder, Hovnanian Enterprises (HOV | Quote | Chart | News | PowerRating) after trading ends.

33 cents/share is the consensus figure for Paychex Inc (PAYX | Quote | Chart | News | PowerRating) after the close.

Boeing's (BA | Quote | Chart | News | PowerRating) much-anticipated Dreamliner aircraft took its maiden test flight Tuesday.

Both Papa John's (PZZA | Quote | Chart | News | PowerRating) and Domino's Pizza (DPZ | Quote | Chart | News | PowerRating) were upgraded to "buy" at Fetl & Co.

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