7 Stocks You Need to Know for Tuesday

Stocks endured a third straight day of heavy selling, as investors dumped financial stocks with renewed vigor. Oil surged above $108 per barrel, another record high, and the dollar continued its downward spiral.

The Dow lost -153.54, the Nasdaq Composite -43.15, and the S&P 500 -20.00.

Here are 7 stocks to watch

Bear Stearns (NYSE:BSC) plunged more than 11%, its largest fall since the '87 crash, on liquidity concerns. BSC's Short Term PowerRating is 6.

Blackstone Group (NYSE:BX) reported an 89% decline in Q4 profit, but its shares rose nearly 3%.

Texas Instruments (NYSE:TXN) cut its Q1 revenue and profit forecasts. TXN's Short Term PowerRating is 4.

WellPoint (NYSE:WLP) lowered Q1 and full-year guidance. WLP's Short Term PowerRating is 5.

After the close, homebuilder Hovnanian Enterprises (NYSE:HOV) missed earnings estimates by -$0.11. HOV's Short Term PowerRating is 5.

And before the market open, Kroger (NYSE:KR) is expected to report earnings of $0.47. KR's Short Term PowerRating is 4.

McDonald's (NYSE:MCD) reported an 11.7% rise in same store sales for the month and an 8.6% rise year-to-date. MCD's Short Term PowerRating is 5.

7 Stocks You Need to Know for Monday

Stocks tumbled on Friday after American International Group reported its biggest loss ever, sending shock waves through the market and causing widespread selling of financial stocks.

The Dow lost -315.79, the Nasdaq Composite -60.09 and the S&P 500 lost -37.05.

American International Group's (NYSE:AIG) record $5.29 billion loss led to widespread selling on Friday. AIG's Short Term PowerRating is 4.

Meanwhile, a 6% decline in quarterly profit at Dell (NasdaqGS:DELL) weighed on the technology sector. DELL's Short Term PowerRating is 4.

After the market close, Berkshire Hathaway (NYSE:BRK-A) reported an 18% decline in fourth quarter profit and warned investors that "insurance-industry profit margins, including ours, will fall significantly in 2008". BRKA's Short Term PowerRating is 5.

Northrop Grumman (NYSE:NOC) won a $35 billion contract to build air refueling tankers. NOC's Short Term PowerRating is 6.

The news Northrop Grumman was a major blow to market leader Boeing (NYSE:BA). BA's Short Term PowerRating is 5.

Late on Friday, The Wall Street Journal reported that Countrywide Financial (NYSE:CFC) may be sanctioned for "alleged abuses of the bankruptcy system." CFC's Short Term PowerRating is 5.

And finally, do you think Merrill Lynch (NYSE:MER) will close up or down on Tuesday? Short Term PowerRating is 5. Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.

7 Stocks You Need to Know for Friday

Microsoft (NasdaqGS:MSFT - News) beat earnings estimates on Thursday afternoon, announcing $0.50 EPS over a consensus of $0.46 EPS. MSFT's PowerRating (for Traders) is 6

Tempur-Pedic (NYSE:TPX - News) missed earnings, reporting $0.52 EPS versus expectations of $0.53 EPS. TPX's PowerRating (for Traders) is 2.

Cash America (NYSE:CSH - News) also missed earnings, with $0.88 EPS versus a consensus of $0.90 EPS. CSH's PowerRating (for Traders) is 3.

Caterpillar (NYSE:CAT - News) reports earnings on Friday morning, with traders expecting $1.50 EPS. CAT's PowerRating (for Traders) is 3.

When Commerce Bancorp (NYSE:CBH - News) announces quarterly results tomorrow morning, analysts will be looking for $0.30 EPS. CBH's PowerRating (for Traders) is 5.

Harley-Davidson (NYSE:HOG - News) is set to report $0.82 EPS on Friday before the bell. HOG's PowerRating (for Traders) is 4.

WW Grainger (NYSE:GWW - News) is expected to announce $1.27 EPS tomorrow morning. GWW's PowerRating (for Traders) is 3.