Fast Money Stock Picks

Fast Money Stock Picks – July 16, 2008 – Financials, Oil and Tech

Adami:
USB – USB – Buy with a 30-handle
XOM – Exxon – Buy
COP – ConocoPhillips – Buy
SLB – Schlumberger – Buy ahead of earnings – “Final Trade”
JNJ – Johnson & Johnson – Buy
BTU – Peabody – Buy
MSFT – Microsoft – Buy with a 30-handle
GOOG – Google – Buy if it takes a hit on earnings

Najarian:
UYG – Ultra Financials ProShares – Buy if you think the financials have turned
DUG – DUG – Buy if you think oil is broken
XAL – Airlines – Buy for a trade
IBM – IBM – Buy
GOOG – Google – Buy if it takes a hit on earnings
NVS – Novartis – Buy – “Final Trade”

Macke:
USO – USO – If you trade, do it with tight stops, and get out if it dips below $105
INTC – Intel – Sell
IBM – IBM – Buy
MSFT – Microsoft – Buy – “Final Trade”

Finerman:
PG – Proctor & Gamble – Buy
MSFT – Microsoft – Buy – “Final Trade”
AXP – American Express – Buy

Steve Cortes, founder of Veracruz Research:
XLE – XLE – Short

Pops (stocks that jumped higher):
SCHW – Charles Schwab (14%) – Earnings beat Street estimates
UPS – UPS (5%) – Moved in the opposite direction of oil
TGT – Target (6%) – Macke: I’d use it as a selling opportunity
CSX – CSX Corp (6%) – Najarian: I like their pricing power
USB – US Bancorp (18%) – Finerman: I like this stock
AMZN – Amazon (7%) – Macke: It’s a cacooning play sort of, but it’s still a tough environment for retail
STJ – St. Jude Medical (7%) – Najarian: I think everything looks great for them
ODFL – Old Dominion Freight Line (24%) – Announced it will beat second quarter EPS estimates and raised its annual EPS forecast
PIR – Pier 1 Imports (21%) – A Wedbush Morgan note said customers were making small impulse buys at its stores and analysts saw ‘medium traffic’ during Pier 1 semiannual sale
ALTR – Altera (12%) – Beat, and Canaccord Adams analyst Bobby Burleson raised his price target for the stock from $18 to $20

Drops (stocks that slid lower):
CBI – Chicago Bridge & Iron Co (16%) – Adami: I’d buy this stock with a stop out below $30
GCI – Gannett Co (5%) – Finerman: I can’t believe how low this stock is

Fast Money Stock Picks – July 15, 2008 – The US Dollar

Macke:
ATVID – Activision Blizzard – Buy – “Final Trade”

Adami:
JNJ – Johnson & Johnson – Buy – “Final Trade”

Terranova:
AMZN – Amazon – Buy – “Final Trade”

Seymour:
XLF – Financial Services Sector – Short
VIP – Vimpel-Comm – Buy – “Final Trade”
*Get long the dollar

Steve Liesman, CNBC:
*Get long the dollar

Kris Jenner, T. Rowe Price Health Sciences Fund portfolio manager:
GILD – Gilead – Buy
BAX – Baxter – Buy

Pops (stocks that jumped higher):
STT – State Street (7%) – Adami: The stock should work, but remember it’s in the financial services space
MELI – MercadoLibre (4%) – No clear reason
ESLR – Evergreen Solar (11%) – Signed a new $1.2 billion contract with German-based IBC Solar AG
IKN – IKON Office Solutions (4%) – Raised its forecast citing higher profit margins
ATVID – Activision Blizzard (7%) – Took a new ticker and traded higher after boosting its first quarter guidance

Drops (stocks that slid lower):
XOM – Exxon Mobil (4%) – Terranova: I’d play Suncor and Petrobras instead
KMB – Kimberly-Clark (6%) – Macke: I’d rotate over to P&G
CNX – Consol Energy (6%) – Seymour: I think the resource area is cracked
HES – Hess Corp (7%) – Terranova: They’re directly tethered to the price of crude
ETN – Eaton Corp (7%) – Cut its forecast for the year citing customer weakness
PII – Polaris (4%) – Slid despite beating the Street

Fast Money Stock Picks – July 14, 2008 – Banks and Tech

Macke:
POT – Potash – Buy
INTC – Intel – Sell – “Final Trade”

Finerman:
PG – Proctor & Gamble – Buy
CSCO – Cisco – Buy
PDE – Pride International – Buy – “Final Trade”

Seymour:
STD – Banco Santander – Buy
ABX – Barrick – Buy
AAUK – Anglo American – Buy
ICA – Empresas – Buy – “Final Trade”

Terranova:
DNA – Genentech – Buy
NKE – Nike – Buy – “Final Trade”

Bill Fleckenstein, of Fleckenstein Capital:
COF – Capital One – Short

Tim Luke, Lehman analyst:
INTC – Intel – Buy

Carter Worth:
FFIV – F5 Networks – Buy
SWKS – Skyworks – Buy

Pops (stocks that jumped higher):
M – Macy’s (4%) – Macke: You couldn’t make me buy it at gunpoint
ABV – AmBev (5%) – Seymour: I like it
HOV – Hovnanian Enterprises (3%) – Chairman & founder Kevork Hovnanian bought 22,000 shares on July 3rd
OC – Owens Corning (5%) – Terranova: I think this stock is under water
CSIQ – Canadian Solar (18%) – Seymour: I think the numbers were strong
ATI – Allegheny Technologies (10%) – Lifted its second quarter forecast, claiming it benefited from risk-management programs that reduced the impact of volatile raw material costs
COH – Coach (3%) – No clear reason

Drops (stocks that slid lower):
STD – Banco Santander (2%) – Seymour: I like this stock on the dip
HOT – Starwood Hotel & Resorts (7%) – Finerman: It’s down 40% for the year, so maybe Goldman is late to the party (in adding it to its conviction sell list)
SUN – Sunoco (4%) – Terranova: I think it’s at a point where you can step in
SONC – Sonic Corp (3%) – Macke: It’s a sell

Fast Money Stock Picks – July 11, 2008 – Pharmaceuticals and Banks

Najarian:
FNM – Fannie Mae – Buy, but buy puts too
INTC – Intel – Sell
JNJ – Johnson & Johnson – Buy
MCD – McDonald’s – Buy – “Final Trade”
*Get long BAC (Bank of America) and short one of the following:
HBC – HSBC
UBB – Unibanco
UBS – UBS
IBN – ICICI Bank

Finerman:
DUG – DUG – Buy if you want to bet that oil will pull back
PDE – Pilgrim’s Pride – Buy – “Final Trade”

Adami:
JNJ – Johnson & Johnson – Buy ahead of earnings – “Final Trade”

Doug Cliggott, CIO of Dover Management:
JNJ – Johnson & Johnson – Buy
PFE – Pfizer – Buy
AMGN – Amgen – Buy
CELG – Celgene – Buy
*Short the big tech names

Pops (stocks that jumped higher):
MO – Altria (6%) – Ratigan: This market doesn’t keep people from smoking
GILD – Gilead (5%) – Adami: I still like this stock
YHOO – Yahoo (10%) – Najarian: I’m bullish on the deal and I own calls

Drops (stocks that slid lower):
CHK – Chesapeake (5%) – Najarian: Don’t forget the stock moved higher late in the week
CME – CME Group (11%) – Macke: I can’t think of anything nice to say about the exchanges
BIG – Big Lots (7%) – Finerman: I’m short and I think it goes lower still
WB – Wachovia (22%) – Adami: You can probably buy it if they drop the dividend
MGM – MGM Mirage (14%) – Slid to a 4-year low as the gaming sector grapples with effects of the slowing economy
DIN – DineEquity (22%) – Lowered its 2008 sales forecast
EMC – EMC Corporation (15%) – Adami: Seems like nothing is working right now
TSO – Tesoro Corp (15%) – Najarian: The price of oil isn’t so good for them

Fast Money Stock Picks – July 10, 2008 – Financials, Tech, and Retail

Adami:
LEH – Lehman – Buy with a tight stop
CELG – Celgene – Buy
GLW – Corning – Buy
COL – Rockwell Collins – Buy after earnings
AA – Alcoa – Buy – “Final Trade”

Najarian:
WB – Wachovia – Watch; their money flows might give them trouble
EMN – Eastman Chemical – Watch; could be a takeover target
CE – Celanese – Watch; could be a takeover target
DNA – Genentech – Buy on a pullback
ELN – Elan – Watch for its Alzheimer’s drug
CSCO – Cisco – Buy – “Final Trade”

Finerman:
HUN – Huntsman
CSCO – Cisco – Buy, but start small
INTC – Intel – Buy, but start small
TGT – Target – Buy
BIG – Big Lots – Short – “Final Trade”

Macke:
USO – US Oil Fund – Buy – “Final Trade”
COST – Costco – Buy
WMT – Wal-Mart – Buy

Pops (stocks that jumped higher):
SPWR – SunPower (14%) – Najarian: I like it
SGR – The Shaw Group (10%) – Najarian: They have a backlog of $16 billion
DVA – Davita (7%) – Finerman: If you own this stock, take some profits
XLTC – Excel Technology (36%) – The GSI Group announced it will buy Excel for $32 a share
PPC – Pilgrim’s Pride (13%) – BMO Capital Markets upgraded it from ‘Market Perform’ to ‘Outperform’
PLCE – Children’s Place (3%) – Said June same-store sales beat Wall Street expectations

Drops (stocks that slid lower):
MAR – Marriot International (7%) – Adami: The economy is not their friend
JCP – J.C. Penney (10%) – Finerman: Department stores aren’t doing so well right now
NYX – NYSE Euronext (2%) – Adami: Everything seems to be going right except the stock price
ICE – Intercontinental Exchange (11%) – Macke: I wouldn’t touch exchanges for as long as the government wants to get into their business
CXR – Cox Radio (9%) – Adami: Interesting