Tuesday, January 05, 2010

7 Stocks you need to know for Tuesday

A literal bull stampede greeted the first trading session of the New Year. Any remaining bears were forced back into their caves as soaring manufacturing data and a falling U.S. dollar triggered aggressive equity buying. Major indexes hit a 15-month high despite continued increased global tensions on the first day of 2010. The DJIA advancing 155.91, the tech heavy Nasdaq climbed 39.27, and the broad based S&P 500 soared 17.89.

Here are 7 stocks you need to know for Tuesday.

Synnex Corp ( SNX | Quote | Chart | News | PowerRating) announces after the close on Tuesday with an expected EPS of 76 cents.

14 cents/share is the forecast figure for Sonic Corp ( SONC | Quote | Chart | News | PowerRating) revealed after the bell on Tuesday.

's Bank Of America Corp ( BAC | Quote | Chart | News | PowerRating) CEO, Brian Moynihan, has taken a softer stance on new bank regulation than the bank's previous CEO, but still strongly disagrees with moves to break up banks by the Fed.

Gun maker, Sturm Ruger & Co Inc ( RGR | Quote | Chart | News | PowerRating), was upgraded to "strong buy" by CL King.

Novartis Ag Ads ( NVS | Quote | Chart | News | PowerRating) has offered to purchase the remaining parts of Alcon Inc ( ACL | Quote | Chart | News | PowerRating).

Boeing Co ( BA | Quote | Chart | News | PowerRating) obtained an upgrade to "overweight" at Barclay Capital.

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