Jim Cramer's Mad Money Review

Accenture (NYSE:ACN - News) beat earnings late Tuesday with $0.47 EPS over an expected $0.42 EPS. ACN's PowerRating is 6.
Arrow International (NasdaqGS:ARRO - News) missed earnings Tuesday afternoon; analysts were looking for $0.36 EPS, but the company announced $0.32 EPS. ARRO's PowerRating is 6.
It was reported that Sanofi-Aventis (NYSE:SNY - News) could be eying a partnership with Bristol-Meyers Squibb (NYSE:BMY - News). SNY's PowerRating is 4, and BMY's PowerRating is 5.
Paychex (NasdaqGS:PAYX - News), Resources Connect (NasdaqGS:RECN - News) and Sonic (NasdaqGS:SONC - News) all report on Wednesday after the market closes, so watch for heightened price action and volume ahead of the bell. PAYX's PowerRating is 6, RECN's PowerRating is 4 and SONC's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: ACN, ARRO, BMY, Hot Stocks, PAYX, RECN, SNY, SONC

10:00 am : Equities are still on the offensive as the bulk of industry leadership remains positive. However, while eight out of 10 sectors are trading higher, Energy pacing the way with only a 0.3% advance on what is expected to be a low-volume session ahead of the holiday weekend lends little conviction on the part of buyers. Consumer Staples ranks a close second following upside surprises from the likes of ConAgra (CAG 27.96 +1.11) and General Mills (GIS 58.89 +0.90), both of which are at new 52-week highs. Albeit not a sector component, Rite Aid (RAD 5.51 +0.14) swinging to a profit in Q3 leaves Drug Retail as one of this morning's best performing S&P industry groups. The absence of leadership from the Tech sector, following sales warnings from Jabil Circuit (JBL 24.55 -2.01) and PMC-Sierra (PMCS 6.68 -0.21), is contributing to the market's inability to move more aggressively to the upside. DJ30 +8.49 NASDAQ +2.53 SP500 +1.81 NASDAQ Dec/Adv/Vol 958/1562/152 mln NYSE Dec/Adv/Vol 1013/1629/70 mln
09:40 am : The market opens on an upbeat note as falling oil prices and a relatively encouraging batch of earnings reports help investors look past a downward revision to Q3 GDP. Before the bell, the Commerce Dept. showed that the U.S. economy grew at a slower pace (2.0%) than previously estimated (2.2%), marking the weakest quarter since Q4 of last year when the economy expanded at a 1.8% annual rate. Fortunately for the bulls, the dated nature of the report and the forward-thinking of the market have so far left investors more interested in the current strength of the economy and a focus on forecasts for 2007. DJ30 +10.28 NASDAQ +4.33 SP500 +1.96 NASDAQ Vol 78 mln NYSE Vol 40 mln
09:15 am : S&P futures vs fair value: +1.5. Nasdaq futures vs fair value: +1.5.
09:00 am : S&P futures vs fair value: +1.0. Nasdaq futures vs fair value: +1.5. S&P 500 and Nasdaq 100 futures continue to trade above fair value, but both contracts clinging to their positive bias leave little confidence that stocks will get back on the buying track following yesterday's breather. With the market having already sifted through most of the earnings news, investors may be waiting for today's Philly Fed data (12:00 ET) and testimony from Richmond Fed President Jeffrey Lacker (1:00 ET) to shed some more light on economic growth.
08:35 am : S&P futures vs fair value: +1.4. Nasdaq futures vs fair value: +2.5. The final read on Q3 GDP was surprisingly revised lower to 2.0% (consensus 2.2%) while the accompanying chain deflator -- a key measure on inflation -- ticked up slightly to 1.9% (consensus 1.8%). Initial claims rose 9K to 315K. However, given the dated nature of the GDP data, as well as the latest read on labor conditions merely matching economists' forecasts, neither report has had much influence on trading so far. Bonds, which were flat ahead of the report remain relatively unchanged; the 10-yr note is up 1 tick to yield 4.58%.
08:00 am : S&P futures vs fair value: +2.0. Nasdaq futures vs fair value: +1.0. Early indications are pointing to a slightly higher start for stocks. A pullback in oil prices and a batch of better than expected earnings results (e.g. NKE, CAG, GIS, PAYX, and ACN) are contributing to the positive disposition. However, with economic data returning to the forefront after a one-day hiatus, there is little conviction on the part of buyers as investors preoccupied with the pace of economic growth await the final read on Q3 GDP. Also hitting the wires at 8:30 ET, and possibly helping to set a more definitive tone to trading, will be weekly jobless claims that were compiled during the same week as the closely-watched payrolls report.
06:17 am : S&P futures vs fair value: +2.2. Nasdaq futures vs fair value: +2.5.
06:16 am : FTSE...6192.00...-6.60...-0.1%. DAX...6582.49...-4.42...-0.1%.
06:16 am : Nikkei...17047.83...+36.79...+0.2%. Hang Seng...19222.84...-17.28...-0.1%.
Source: Briefing.com

Labels: ACN, CAG, GIS, JBL, NKE, PAYX, PMCS, RAD

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Accenture (NYSE:ACN - News) beat earnings Wednesday afternoon, announcing $0.46 EPS over an expected $0.42 EPS. ACN's PowerRating is 6.
Cognos (NASDAQ:COGN - News) beat earnings after the close Wednesday with $0.48 EPS over an expected $0.43 EPS. COGN's PowerRating is 6.
Finish Line (NASDAQ:FINL - News) beat earnings on Wednesday afternoon; analysts were expecting -$0.08 EPS, but FINL came out with -$0.06 EPS. FINL's PowerRating is 6.
Nike (NYSE:NKE - News) barely beat earnings this afternoon, announcing $1.15 EPS over a consensus of $1.13 EPS. NKE's PowerRating is 6.
Paychex (NASDAQ:PAYX - News) also barely beat with $0.35 EPS over an expected $0.34 EPS. PAYX's PowerRating is 5.
General Mills (NYSE:GIS - News) reports earnings on Thursday before the bell; look for $1.03 EPS. GIS's PowerRating is 5.
Rite Aid (NYSE:RAD - News) reports quarterly earnings Thursday morning before the bell, with analysts expecting -$0.01 EPS. RAD's PowerRating is 8.
PowerRatings are courtesy of PowerRatings.net

Labels: ACN, COGN, FINL, GIS, NKE, PAYX, RAD