7 Stocks You Need to Know for Monday
On Friday, Gap (NYSE: - ) rose 5% after announcing that Q2 profit rose 19% from the year before. GPS's PowerRating (for Traders) is 4. American Woodmark (NasdaqGS: - ) gained 7% on Friday, after the company increased its dividend and initiated a $100 million stock buyback. AMWD's PowerRating (for Traders) is 4. Recent IPO Blackstone (NYSE: - ) announced that a proposed tax bill legislation currently in the Senate would triple the private-equity firm's yearly taxes. BX does not have a PowerRating (for Traders) due to a short trading history. Shanda Interactive (NasdaqGS: - ) should report $0.36 EPS after the bell on Monday. SNDA's PowerRating (for Traders) is 4. CDC Corporation (NasdaqGM: - ) and China Medical Technologies (NasdaqGS: - ) both report earnings on Tuesday before the bell, so watch for heightened price action and volatility ahead of the close on Monday. CHINA's PowerRating (for Traders) is 4, and CMED's PowerRating (for Traders) is 4. PowerRatings (for Traders) are courtesy of TradingMarkets.com
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