May 2008


Fast Money Recaps30 May 2008 08:21 am

Fast Money Stock Picks – May 29, 2008 – Oil and Tech

Najarian:
*If oil breaks below $120, get out
V – Visa – Buy
JOYG – Joy Global – Buy on a pullback
BUCY – Bucyrus – Buy on a pullback
BOBE – Bob Evans – Short
BWLD – Buffalo Wild Wings – Short
AMLN – Amylin – Go out to July and buy the 35 strike calls
CHK – Chesapeake Energy – Buy – “Final Trade”

Macke:
*Buy oil back if it slides another $5
MSFT – Microsoft – Buy
JCG – J. Crew – Buy – “Final Trade”

Adami:
DELL – Dell – Take profits
INTC – Intel – Buy, for long term
MA – Mastercard – Don’t stay in for short term
JOYG – Joy Global – Buy on a pullback
BUCY – Bucyrus – Buy on a pullback
TSO – Tesoro – Buy – “Final Trade”
MSFT – Microsoft – Buy

Finerman:
BSX – Boston Scientific – Buy
C – Citigroup – Buy – “Final Trade”

Joe Terranova, independent oil trader:
HES – Hess – Short
LUV – Southwest Airlines – Buy
*Go long the Canadian dollar

Pops (stocks that jumped higher):
HNZ – Heinz (3%) – Macke: They’re a good operator
BIG – Big Lots (8%) – Finerman: I’m short this stock
UA – Under Armour (2%) – Closed higher after Credit Suisse raised their price target for competitor Nike
TRMP – Trump Entertainment Resorts (23%) – Macke: I’m not playing
GCO – Genesco (6%) – Finerman: Not so bad
EXPE – Expedia (6%) – Continued speculation of privatization
KOSN – Kosan Biosciences (229%) – Bristol Myers agreed to pay $190 million to gain control of Kosan’s experimental cancer treatments
AMLN – Amylin (5%) – Advanced ahead of ASCO this weekend
CWTR – Coldwater Creek (7%) – Loss this quarter was smaller than expected and the retailer said it might post a profit for full-year 2008

Drops (stocks that slid lower):
MAR – Marriott (2%) – Najarian: Business travel is getting squeezed
GLD – Gold ETF (3%) – Strengthening dollar
MW – Men’s Warehouse (10%) – First quarter profits were below estimates, and they lowered their full year outlook

Fast Money Recaps28 May 2008 08:08 pm

Fast Money Stock Picks – May 28, 2008 – Pharmaceuticals, Chemical, and Brazil

Adami:
AMR – American Airlines – Buy
DD – DuPont – Buy with a stop out at $46.75
HD – Home Depot – Buy
USB – US Bancorp – Buy
JEC – Jacobs Engineering – Buy
CELG – Celgene – Buy – “Final Trade”

Najarian:
EMN – Eastman Chemical – Buy
SSL – Sasol – Buy
DD – DuPont – Buy
OSIP – OSI Pharmaceuticals – Watch
BIIB – Biogen – Watch
ELN – Elan – Watch
BHI – Baker Hughes – Buy
HAL – Halliburton – Buy
AMLN – Amylin – Buy – “Final Trade”

Finerman:
XLF – Financial Select SPDR – Buy
USO – US Oil Fund – Buy puts if you play oil services
WLP – WellPoint – Buy – “Final Trade”

Macke:
RL – Ralph Lauren – Buy
USO – US Oil Fund – Buy
YHOO – Yahoo – Buy – “Final Trade”

Seymour:
UBB – Unibanco – Buy
PDA – Perdigao – Buy
SDA – Sadia – Buy
SBS – Companhia de Saneamento Basico – Buy

Stacey Gilbert, Susquehanna Financial Market Strategist:
DELL – Dell – Buy
GLW – Corning – Buy
AAPL – Apple – Buy

Mike Huckman, CNBC Pharmaceuticals Reporter:
*Watch the following pharmaceuticals:
IMCL – ImClone
LLY – Lilly
DNA – Genentech
CELG – Celgene

Pops (stocks that jumped higher):
EXPE – Expedia (5%) – Najarian: Options action suggests this stock could move higher
SGR – Shaw Group (6%) – Adami: The new nuclear power plants won’t be completed until 2016
CFC – Countrywide Financial (9%) – Finerman: Not interested
AKAM – Akamai (5%) – Najarian: This could be interesting
DAR – Darling International (5%) – Macke: I think it’s a sell
DAKT – Daktronics (12%) – Adami: Take profits
SSCC – Smurfit-Stone Container Corp (10%) – Finerman: I think it’s because a competitor is rumored to be raising prices
DRYS – DryShips (10%) – Gained back some ground after losing more than 20% in two weeks
CHS – Chico’s (14%) – Beat estimates on revenue and EPS

Drops (stocks that slide lower):
BUD – Anheuser Busch (3%) – Finerman: I think the excitement has died down
BGP – Border’s Group (7%) – Macke: I said this was a “sell” last week

Fast Money Recaps28 May 2008 08:29 am

Fast Money Stock Picks – May 27, 2008 – Energy, Credit, and Staying Home

Najarian:
BHI – Baker Hughes – Buy
CSCO – Cisco – Buy
JNPR – Juniper – Buy
AXP – American Express – Buy
V – Visa – Buy
MA – Mastercard – Buy
GBX – Greenbriar – Buy
HD – Home Depot – Buy
WM – Washington Mutual – Buy – “Final Trade”
*Look at wind power, natural gas, and solar

Adami:
DUG – UltraShort Oil & Gas ProShares – Closed higher, could signal a top for oil
XOM – Exxon Mobil – Buy with an $86 handle
BWA – Borg Warner – Buy
AXL – American Axel – Buy
SIX – Six Flags – Buy
CLNE – Clean Energy Fuels – Buy
MDU – MDU Resources – Buy on a pullback
CHTR – Charter Communications – Buy – “Final Trade”

Macke:
WMT – Wal-Mart – Buy
PEP – Pepsi – Buy
TAP – Molson Coors – Buy
BGP – Border’s Group – Buy – “Final Trade”

Finerman:
TSN – Tyson – Buy
AOI – Alliance One – Buy, but it comes with “tons of risk” – “Final Trade”
*Look at the cable companies
*Look at wind power

Steve Cortes, CEO of Veracruz:
FXI – iShares FTSE/Xinhua China 25 Index – Short
SPY – SPDR Trust – Buy
HUM – Humana – Buy
WMT – Wal-Mart – Buy
COST – Costco – Buy

Gene Munster, senior research analyst at Piper Jaffray:
GOOG – Google – Buy
ADBE – Adobe – Buy

Pops (stocks that jumped higher):
HSY – Hershey (9%) – Najarian: Be careful with this trade
DRI – Darden Restaurants (5%) – Macke: I think it’s too early to go into casual dining
FLS – Flowserve (4%) – Finerman: I think it’s a fantastic company
PLCE – Children’s Place (4%) – Macke: I think it goes higher
PII – Polaris Industries (10%) – Finerman: There’s a lot of short interest in this stock
LRCX – LAM Research (7%) – Upgraded at Merrill Lynch with a $47 price target
JPM – J.P. Morgan (2%) – Withstood comments from a Goldman Sachs analyst who said he expected the Bear Stearns acquisition to result in weaker results going forward

Drops (stocks that slid lower):
GLD – Gold ETF (2%) – Adami: I’d be scared to be long gold
CHL – China Mobile (6%) – Najarian: I think this stock could be near its bottom
ADM – Archer Daniels Midland (3%) – Adami: I would avoid this stock for the time being
DRYS – DryShips (3%) – Najarian: It’s very volatile, but interesting at current levels

Fast Money Recaps27 May 2008 09:52 am

Fast Money Stock Picks – May 23, 2008 – Memorial Day Weekend Trades

Macke:
TAP – Molson Coors – Buy
*Buy crude on a dip, and don’t short it

Adami:
BWA – Borg Warner – Buy
MGM – MGM – Watch
INTC – Intel – Buy on a dip
SAM – Boston Beer – Buy

Jon Najarian:
AAPL – Apple – Buy
XLF – Financial Select Sector SPDR – Sell
MAS – Masco – Sell
ESLR – Evergreen Solar – Buy on dips

Seymour:
ABV – Companhia de Bebidas das Americas – Buy
GNK – Gecno – Buy on the dip

Pops (stocks that jumped higher):
FL – Foot Locker (13%) – CEO said he expects improving profitability over the year
KO – Coca-Cola (3%) – Seymour: I like it as a Memorial Day weekend play
EXC – Excelon (4%) – Got a pair of upgrades from Credit Suisse & Deutsche Bank

Drops (stocks that slid lower):
.XAL – Airlines (20%) – Jon Najarian: You could buy it for a quick play on oil, but then get out
HD – Home Depot (8%) – Adami: I like it on a dip
MCO – Moody’s (24%) – Macke: I think they need to justify their existence
CHL – China Mobile (9%) – A restructuring company forced it to take over a slow-growing fixed-line carrier
CHK – Chesapeake (11%) – Jon Najarian: They’re diluting the stock with some debt they’re putting out there
JPM – J.P. Morgan (9%) – Adami: I like this stock around $41
PSUN – Pacific Sunwear (18%) – Posted a loss of $37 million and a same store sales drop of 1% for the quarter
DKS – Dick’s Sporting Goods (23%) – Had its biggest drop ever after a disappointing profit forecast

Fast Money Recaps22 May 2008 10:40 pm

Fast Money Stock Picks – May 22, 2008 – Shipping and Travel

Adami:
F – Ford – Sell
MRT – Morton’s – Sell
RUTH – Ruth’s Chris – Sell
PCLN – Priceline – Buy

Macke:
F – Ford – Sell
AMR – American Airlines – Buy with a tight stop below any close under $6
NRG – NRG Energy – Buy
GME – GameStop – Sell and buy back later when it’s lower
HTZ – Hertz – Sell
DIS – Disney – Buy
WMT – Wal-Mart – Buy

Jon Najarian:
NRG – NRG Energy – Buy
CPN – Calpine – Buy
DRYS – DryShips – Buy
AMR – American Airlines – Buy
UAUA – United – Buy

Seymour:
PTR – PetroChina – Sell
GWR – Genesee & Wyoming – Buy
MAR – Marriott – Buy

Pops (stocks that jumped higher):
WEN – Wendy’s (6%) – Macke: I’d stay away
WLP – WellPoint (3%) – Jon Najarian: I expect it to go higher and I’m long
CRM – Salesforce.com (6%) – Jon Najarian: Some analysts have targets in the $80s
TASR – Taser (1%) – Said it received orders from 4 agencies in Australia, Hawaii, Kentucky, and Texas
PLCE – Children’s Place (16%) – Earnings showed that shedding the Disney Store franchise  this quarter had a positive impact on the bottom line
TX – Ternium (6%) – Seymour: I think it looks like a buy

Drops (stocks that slid lower):
JTX – Jackson Hewett Tax Services (10%) – Reported a lower annual profit because of fewer handled returns
MCO – Moody’s (7%) – See yesterday’s news
BCE – BCE (13%) – Concerns that a court decision could put an end to its buyout
UA – Under Armour (9%) – Thomas Weisel Partners analyst Jim Duffy said the weak sporting goods environment could make it difficult to reach its guidance
AKAM – Akamai (7%) – Goldman Sachs downgraded it from “neutral” to “sell”
RAD – Rite Aid (12%) – Issued $150 million in convertible bonds

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