7 Stocks You Need To Know For Thursday 28Sep06

TradingMarkets.com
7 Stocks You Need To Know For Thursday
Wednesday September 27, 4:32 pm ET
By Brice Wightman

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Amgen (NASDAQ:AMGN - News) said the F.D.A. approved its colon cancer drug Vectibix, a competitor to Imclone's (NASDAQ:IMCL - News) Erbitux. AMGN traded higher and IMCL traded lower on the news. AMGN's PowerRating is 6.

Federated (NYSE:FD - News) said that billionaire investor Carl Icahn plans to buy an additional $113 - $500 million in shares. "I just think it's undervalued," Mr. Icahn, who currently owns about 2 million shares, said. FD's PowerRating is 5.

Safeco (NASDAQ:SAFC - News) said it will list its stock on the NYSE starting November 30. New symbol: SAF. SAFC's PowerRating is 5.

Resources Connection (NASDAQ:RECN - News) missed by $0.02. RECN's PowerRating is 4.

Family Dollar O is scheduled to report before the open tomorrow; look for $0.23. FDO's PowerRating is 4.

American Greetings (NYSE:AM - News) also reports before the open; look for ($0.16). AM's PowerRating is 4.

Brice Wightman

PowerRatings are courtesy of PowerRatings.Net

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Brice Wightman is Associate Editor at TradingMarkets.com. A graduate of UC Berkeley, Brice is a 14-year veteran of the brokerage industry, having worked at Merrill Lynch, Quick & Reilly, and Associated Securities. He has spoken at technical analysis seminars, and has written several educational articles found at TM University. Brice also co-moderates the chatroom and posts intraday setups in Traderswire.