Sunday, January 6, 2013

Wall Street Watcher & 5 Must Know Stocks for Wednesday

Stocks continued their bullish ways closing higher across the board.� Positive consumer sector news counteracted the Chinese rate increase lifting stocks solidly into the black. It was reported that the Fed still believes inflation is too low signaling prices should stay stable for the near future.� Crude Inventories and another important earnings session await traders on Wednesday.

5 Must Know Stocks for Wednesday

Ameristar Casinos (Nasdaq:ASCA) The gaming company reports fourth-quarter earnings before the bell with an expected figure of 16 cents.� The stock is trading higher by more than 3% in optimistic anticipation.

Coca Cola (NYSE:KO) The king of soft drinks has forecast to earn 72 cents for its fourth quarter prior to trading.� Shares are fractionally higher.

Boyd Gaming (NYSE:BYD) An upgrade by Bank of America sent shares soaring more than 10% on the session.

Metlife (NYSE:MET) The insurance company reports fourth-quarter earnings after the close with a consensus estimate of� $1.10 per share.� The stock is trading flat on the day.

Urban Outfitters (Nasdaq:URBN): Shares of the retailer are trading up by more than 5% as strong retail figures lifted the sector.

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