Fast Money Stock Picks

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 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

Fast Money Stock Picks – May 21, 2008 – Financials, Oil Services, and Tech

Finerman:
C – Citigroup – Buy
OIH – Oil Services HLDRS – Buy
USO – U.S. Oil Fund – Buy puts while buying OIH – “Final Trade”

Najarian:
FRO – Frontline – Buy
AMR – AMR – Buy
DIS – Disney – Buy – “Final Trade”

Macke:
WMT – Wal-Mart – Buy
USO – US Oil Fund – Buy with a $105 stop – “Final Trade”

Adami:
COST – Costco – Buy
FLR – Fluor – Buy
JEC – Jacobs Engineering – Buy
AMR – AMR Corp – Buy – “Final Trade”

Dick Bove, of Ladenburg:
LEH – Lehman Bros – Sell
MS – Morgan Stanley – Sell
MER – Merrill Lynch – Sell
GS – Goldmas Sachs – Sell
JPM – JP Morgan – Sell

Joe Clark, Financial Enhancement Group Founder & CIO:
IBM – IBM – Buy
MSFT – Microsoft – Buy
HPQ – Hewlett-Packard – Buy

Pops (stocks that jumped higher):
TWC – Time Warner Cable (4%) – Adami: Play at your own risk
BGP – Borders Group (9%) – Macke: Sell the news
MDT – Medtronic (3%) – Goldman Sachs recommended it and said shares would hit $57 within 6 months
MU – Micron (2%) – A Deutsche Bank analyst upgraded it, citing continued demand for “D-RAM” (dynamic random access memory) chips
INTU – Intuit (3%) – The maker of TurboTax software said profits were up 21%
SLM – Sallie Mae (6%) – Bloomberg reported that it’s on the cusp of winning favorable terms from the Dept of Education on loans they cannot pass on to investors

Drops (stocks that slid lower):
AIG – AIG (3%) – Finerman: Considering Wednesday’s market, not so bad
BA – Boeing (5%) – Adami: I think it’s a dip to buy
MCO – Moody’s (16%) – Investigating whether a computer glitch mistakenly assigned AAA ratings to securities that later lost value
PVH – Phillips-Van Heusen (6%) – Posted a second quarter shy of estimates
MOT – Motorola (4%) – No news