Yahoo! Finance
03-18-2008, 07:30 PM
Yahoo Finance Investing Picks
Wednesday's list includes: Adobe Systems, Morgan Stanley and Visa.
Stocks surged on Tuesday, after strong gains in Europe and Asia, with financial stocks leading the advance. Before the market open, Goldman Sachs and Lehman Brothers reported stronger than expected earnings. Later in the day, the Federal Reserve slashed its benchmark rate by 75bp to 2.25% in an attempt to ease the credit crisis and help the slowing U.S. economy.
The Dow gained +420.41, while the Nasdaq Composite lost +91.25, and the S&P 500 +54.14.
Here are 7 stocks to watch...
Goldman Sachs (NYSE:GS) reported a 53% decline in net profit, after writedowns and lower fixed income revenues. However, first quarter earnings of $3.23 per share beat estimates by $0.65. GS' Short Term PowerRating is 3.
complete article here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/tm/080318/16898.html?.v=2)
Wednesday's list includes: Adobe Systems, Morgan Stanley and Visa.
Stocks surged on Tuesday, after strong gains in Europe and Asia, with financial stocks leading the advance. Before the market open, Goldman Sachs and Lehman Brothers reported stronger than expected earnings. Later in the day, the Federal Reserve slashed its benchmark rate by 75bp to 2.25% in an attempt to ease the credit crisis and help the slowing U.S. economy.
The Dow gained +420.41, while the Nasdaq Composite lost +91.25, and the S&P 500 +54.14.
Here are 7 stocks to watch...
Goldman Sachs (NYSE:GS) reported a 53% decline in net profit, after writedowns and lower fixed income revenues. However, first quarter earnings of $3.23 per share beat estimates by $0.65. GS' Short Term PowerRating is 3.
complete article here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/tm/080318/16898.html?.v=2)