Sunday, February 07, 2010

7 Stocks you need to know for Monday

Stocks start fresh Monday after a difficult week. Excitement is running high for earnings on several key names. The session ended Friday on a bullish note despite a sharp early sell off. Mixed information from the nonfarm payrolls number was counteracted by positive manufacturing employment data pushing shares higher on the day. Encouraging words from Greece combined with a better than expected number from the consumer credit report added to the late day surge. The DJIA advanced 10.05, the Nasdaq fought higher by 15.69, and the S&P 500 climbed 3.08.

Here are 7 stocks you need to know for Monday.

73 cents/share is awaiting investors in CNA Financial Corporation ( CNA | Quote | Chart | News | PowerRating) before the opening bell.

Drugstore operator, Cvs Caremark Corp ( CVS | Quote | Chart | News | PowerRating), announces prior to the open with an expected EPS of 78 cents.

Hasbro Inc ( HAS | Quote | Chart | News | PowerRating) is looking at 81 cents/share before Monday's open.

Hartford Financial Services Group ( HIG | Quote | Chart | News | PowerRating) reports after the close with a forecast EPS of $1.40.

General Electric Co ( GE | Quote | Chart | News | PowerRating) and Caterpillar Inc ( CAT | Quote | Chart | News | PowerRating) are among the large firms starting to hire leading to manufacturing payrolls increasing.

Walgreen Co ( WAG | Quote | Chart | News | PowerRating) and other drug chains stand to reap large profits as Lipitor and other drugs patents expire allowing their inexpensive replication by generics.

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