Monday, March 08, 2010

7 Stocks you need to know for Monday

Monday is a sparse day for economic announcements but investors can anticipate several T-Bill auctions with a small serving of earnings news. The Nonfarm Payrolls figure pleasantly surprised the bulls today triggering an across the board buying frenzy. Stocks surged higher on the better than expected employment news and decent consumer credit figures. The VIX or fear index reacted in kind plummeting ever lower on the session. The DJIA surged 122.06, the tech heavy Nasdaq advanced 34.04, and the broad based S&P 500 climbed 15.72.

Here are 7 stocks you need to know for Monday.

H&R Block Inc ( HRB | Quote | Chart | News | PowerRating) announces its EPS after the close with a forecast number of 15 cents.

A 27 cent loss awaits investors in MAKO Surgical Corp. ( MAKO | Quote | Chart | News | PowerRating) after the close.

Tivo Inc ( TIVO | Quote | Chart | News | PowerRating) is looking at a 12 cent loss after the day's last trade.

Apple Inc ( AAPL | Quote | Chart | News | PowerRating) releases its iPad device in the United States on April 3rd.

Google ( GOOG | Quote | Chart | News | PowerRating) bought DocVerse an application that allows the sharing of Microsoft Corp ( MSFT | Quote | Chart | News | PowerRating) Office programs over the internet.

Staffing companies such as Monster Worldwide Inc ( MWW | Quote | Chart | News | PowerRating) benefited positively from the employment news.

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