Stocks on the Move

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Tuesday, May 6, 2008

Hot Stocks to Watch Tuesday

Yahoo (NasdaqGS:YHOO) rallied late in the day to finish down 15% after Microsoft withdrew its bid for the company. The Short Term PowerRating for YHOO is 5.
Shares of Sprint (NYSE:S) rallied on the news that the company was considering selling or spinning off Nextel as an independent entity. The Short Term PowerRating for S is 5.
Fannie Mae (NYSE:FNM) announces earnings before the open on Tuesday, with analysts expecting EPS of -$0.81. The Short Term PowerRating for FNM is 4.
Bank of America (NYSE:BAC) announced that it planned to complete its take over of Countrywide Financial despite an analyst report critical of the takeover. The Short Term PowerRating for BAC is 4.
Reporting earnings before the market opens on Tuesday, Sara Lee LE is expected to announce earnings per share of $0.24. The Short Term PowerRating forSLE is 4.
The box office success of "Ironman" encouraged traders to bid shares of Marvel Entertainment (NYSE:MVL) higher by more than 9% on Monday. The Short Term PowerRating for MVL is 5.
Shares of General Motors (NYSE:GM) lost more than 3% on news of a labor dispute at a plant in Kansas. The Short Term PowerRating for GM is 2.

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