Fast Money Stock Picks - May 12, 2008 - Oil, Tech, and Retail
Fast Money Stock Picks – May 12, 2008 – Oil, Tech, and Retail
Adami:
MSFT – Microsoft – Buy
INTC – Intel – Buy
CSCO – Cisco – Buy – “Final Trade”
IBM – IBM – Buy
FLR – Fluor Corp – Buy
WMT – Wal-Mart – Buy with a 60-handle
DRYS – DryShips Inc – Buy, but know that it’s volatile
ZMH – Zimmer Holding – Buy
Najarian:
AAPL – Apple – Buy
TSO – Tesoro – Buy
VLO – Valero – Buy
TGT – Target – Buy
HNSN – Hansen Medical – Buy
ISRG – Intuitive – Buy
ARAY – Accuray – Buy
AMAT – Applied Material – Buy – “Final Trade”
AMLN – Amylin – Buy for CNBC’s Million Dollar Portfolio Challenge game
Seymour:
FXE – CurrencyShares Euro Trust – Short
FXY – CurrencyShares Japanese Yen Trust – Short
WMT – Wal-Mart – Buy
BIDU – Baidu.com – Buy
SOHU – Sohu.com – Buy
GA – Giant Interactive – Buy
TKC – Turkcell – Buy – “Final Trade”
Macke:
WMT – Wal-Mart – Buy on any dip – “Final Trade”
DRYS – DryShips Ince – Let it come down before you jump in
BBI – Blockbuster – Buy for CNBC’s Million Dollar Portfolio Challenge, but it’s too risky for real money
Jon Merriman of Merriman, Curhan & Ford:
ENER – Energy Conversion Devices – Buy
EMKR – EMCORE Corp – Buy
John Roque, Natexis Bleichroeder Technical Analyst:
DRYS – DryShips Inc – Buy
EP – El Paso Corp – Buy
OII – Oceaneering International – Buy
Pops (stocks that jumped higher):
AA – Alcoa (7%) – Adami: I like this stock
BBI – Blockbuster (5%) – Macke: I love this stock right now, but only for the CNBC Million Dollar Portfolio Challenge
VLO – Valero (6%) – Seymour: This trade looks sick to me
DE – Deere & Co (4%) – Adami: This stock could trade at $100
PPS – Collective Brands (17%) – Macke: The only people who win in court are the lawyers; it’s not reason to buy this stock
HOC – Holly Corp (8%) – Najarian: Oil needs to go down for this stock to really work
FIG – Fortress Investment Group (9%) – Little news other than word the brokerage sold the loan on Michael Jackson’s Neverland Ranch to a private equity group, preventing it from going into foreclosure
ANN – AnnTaylor Stores (16%) – Macke: I don’t see a trade here
COGT – Cogent (12%) – Forecast full-year profits and sales above expectations
EJ – E-House (5%) – Seymour: They’re growing their earnings but I wouldn’t say it’s a buy
Drops (stocks that slid lower):
CLWR – Clearwire (10%) – Najarian: I don’t know about this stock
VIP – Vimplecom (3%) – Seymour: I’m bullish



