Tuesday Morning Coffee with TradingMarkets

Good Morning!

Fed Announcement Expected 2:15 p.m. Today … U.S. Stocks End Monday Lower … Asian Stocks Retreat Overnight … Google Seeks Its Own Fast Lane on Internet … Goldman Sachs, Best Buy, Adobe Systems, Hovnanian Report Earnings Today …

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TradingMarkets 7 Stocks You Need to Know for Tuesday

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:

  • Goldman Sachs
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    lowered Apple
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    to neutral on Monday, pointing to concerns over softer consumer spending. Goldman Sachs reports quarterly earnings Tuesday morning before the market opens.

  • The White House has pledged to consider specific financial assistance to General Motors
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    and Chrysler in the wake of the automaker loan package dying in the Senate last week.

  • Coca Cola
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    has plans to switch to a new, natural, calorie-free sweetener based on the herb Stevia for its soft drinks and Odwalla juice line. Coca Cola’s new sweetener has yet to be approved by the FDA.

  • Reporting quarterly earnings Tuesday morning before the market opens, Best Buy
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    is expected to announced EPS of 25 cents.

  • With Goldman Sachs and Morgan Stanley both reporting earnings this week, traders also may want to pay attention to JP Morgan Chase
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    , which was off significantly on Monday but will not report earnings until January.

  • Adobe Systems
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    is expected to announce earnings per share of 58 cents when it reports Tuesday after the market closes.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Force Protection Inc. FRPT 9
Universal Technical Institute UTI 8
Rohm and Haas ROM 8
NPS Pharmaceuticals Inc. NPSP 8
HMS Holdings Corporation HMSY 8

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