Fast Money Stock Picks - March 18, 2008 - Financials, Credit Cards, and Nike
Fast Money Stock Picks – March 18, 2008 – Financials, Credit Cards, and Nike
Macke:
LEH – Lehman – Take gains
*Buy financials on the dips
V – Visa – Buy
NKE – Nike – Buy; “You have to own this stock,” going into the Olympics
GLD – Gold – Sell; sell gold in general – “Final Trade”
Najarian:
*Buy puts along with stocks
MA – MasterCard – Sell
V – Visa – Buy
MS – Morgan Stanley – Sell; should beat others, but sell because of the overall tone of financials
NKE – Nike – Buy
DE – Deere – Buy
TSO – Tesoro – Buy – “Final Trade”
Adami:
MA – MasterCard – Buy
MS – Morgan Stanley – Buy
USB – US Bancorp – Buy
ORCL – Oracle – Buy – “Final Trade”
Seymour:
CHL – China Mobile – Buy
FXE – FXE – Short; which is a long play on the Euro – “Final Trade”
Dan Fitzpatrick, president of Stockmarketmentor.com:
GOOG – Google – Buy, on its way up
Pops (stocks that jumped higher):
TSN – Tyson Foods (6%) – Macke: buy food maker stocks like this
GM – General Motors (9%) – Seymour: good news that it’s not affected by Bear Sterns, but U.S. auto sales are still lagging
TMA – Thornburg Mortgage (27%) – Seymour: it has the continued cooperation of its lenders thanks to the Fed
NYX – NYSE Euronext (10%) – Adami: it’s about time! This stock is down 40% over the past year
MF – MF Global (35%) – Najarian: some potentially devastating rumors proved false and now MF gets a nice rally
SBUX – Starbucks (6%) – Adami: it deserves a $19-handle
Drops (stocks that slid lower):
SRZ – Sunrise Senior Living (15%) – Macke: assuming it files its report, it could be a dip worth buying
NEM – Newmont Mining (5%) – Adami: down 5% on an up 400 day? Not good; stay away from the miners
AMGN – Amgen (4%) – Najarian: nothing is working for Amgen



