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Thursday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
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Good Morning!

President Bush Warns of Credit Crisis Impact on Average Americans ... Berkshire Hathaway Invests 5 Billion in Goldman Sachs ... Oracle Enters Data-Mining Industry in Deal with HP ... Congress Pushes for Limits on Bailout Plan ... Existing Home Sales Continue To Slump

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 7 Stocks You Need to Know for Thursday

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

  • Research in Motion (RIMM | Quote | Chart | News | PowerRating) reports quarterly earnings Thursday after the market closes. Analysts are expecting EPS of 0.87.

  • Standard and Poor's downgraded the credit rating of Washington Mutual (WM | Quote | Chart | News | PowerRating) again on Wednesday. The stock was down more than 20% on the day.

  • The biggest loser in the Dow industrials on Wednesday was American International Group (AIG | Quote | Chart | News | PowerRating), which lost more than 29%.

  • Goldman Sachs (GS | Quote | Chart | News | PowerRating) is getting a $5 billion investment from Warren Buffett's Berkshire Hathaway.

  • Reporting earnings Thursday morning after the bell, Accenture (ACN | Quote | Chart | News | PowerRating) is expected to announce earnings per share of 0.66.

  • Broadcom (BRCM | Quote | Chart | News | PowerRating) rallied by more than 4% after a judge's ruling that Qualcomm (QCOM | Quote | Chart | News | PowerRating) had infringed on patents owned by Broadcom.

For a list of today's highest PowerRatings stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Steve Madden Inc. SHOO 9
Old National Bancorp ONB 9
Wintrust Financial Corporation WTFC 8
United Natural Foods Inc. UNFI 8
Texas Capital Bancshares Inc. TCBI 8
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