Fast Money Stock Picks

Fast Money Stock Picks – September 3, 2008 – Falling Oil

Macke:
POT – Potash – Buy at $150 with a stop at $145

Adami:
POT – Potash – Buy
HD – Home Depot – Sell
GLW – Corning – Buy
USB – USB – Buy on a pullback
XOM – Exxon – Buy then sell as it approaches $82

Pete Najarian:
FTO – Frontier Oil – Buy
HMC – Honda – Buy

Jon Najarian:
NOK – Nokia – Buy
YUM – Yum Brands – Buy
MCD – McDonald’s – Buy

Finerman:
JCG – J. Crew – Take profits

Jeff Saut, Raymond James chief investment strategist:
Oil – Buy if it drops to $100

Carter Worth:
MER – Merrill – Sell
MS – Morgan Stanley – Sell
LEH – Lehman – Sell
AMTD – TD Ameritrade – Buy
SCHW – Charles Schwab – Buy
RJF – Raymond James – Buy

Pops (stocks that jumped higher):
SSCC – Smurfit-Stone (30%) – Adami: I wouldn’t chase it
SPLS – Staples (2%) – Finerman: It’s modestly positive
HMC – Honda (4%) – Najarian: I see no reason to jump in this stock
IACID – IAC/Interactive (1%) – A WSJ blog suggests it would do better if it parted ways with Barry Diller
SNDA – Shanda Interactive (9%) – Reported strong earnings
UNFI – United Natural Foods (4%) – Beat on earnings

Drops (stocks that slid lower):
CAG – ConAgra (8%) – Macke: I think it’s a sell
JOYG – Joy Global (19%) – Adami: I’d avoid it for a while
FRX – Forest Labs (14%) – Revealed disappointing trial results for its new lung drug
ETH – Ethan Allen (5%) – A bleak earnings outlook
PIR – Pier 1 Imports (9%) – Posted a decline in same-store sales
NOK – Nokia (4%) – Samsung accepted its offer to buy out its stake in Symbian

Fast Money Stock Picks – September 2, 2008 – Retail and Tech

Adami:
JNJ – Johnson & Johnson – Buy
CHD – Church & Dwight – Buy
HD – Home Depot – Buy on a dip
AMD – AMD – Buy with a 7-handle
GPS – Gap – Buy on a dip
URBN – Urban Outfitters – Buy on a dip

Macke:
GM – General Motors – Buy for a trade if you can catch it
SHLD – Sears – Buy
WMT – Wal-Mart – Buy

Finerman:
MDC – MDC – Buy if you want to play the housing space
CTX – Centex – Buy if you want to play the housing space
AAPL – Apple – Buy
JCG – J. Crew – Buy

Najarian:
SCHW – Charles Schwab – Buy
AMTD – TD Ameritrade – Buy
LXK – Lexmark – Buy
LMT – Lockheed Martin – Buy

Gene Munster, Piper Jaffray analyst:
GOOG – Google – Buy

Pops (stocks that jumped higher):
American Airlines (9%) – AMR, its parent company, and other airlines found strength in oil’s weakness
PRU – Prudential (5%) – Barron’s recommended it as a good buy
GT – Goodyear Tire (4%) – Macke: I’d sell the rally
SPLS – Staples (2%) – Finerman: I’m not optimistic about their numbers
CCL – Carnival (5%) – Macke: I’d sell
SCRX – Sciele Pharma (59%) – A Japanese drugmaker agreed to buy the company for a 61% premium
RF – Regions Financial (19%) – Said it will obtain all deposits from Integrity Bank of Alpharetta in a state and federal planned transaction

Drops (stocks that slid lower):
GILD – Gilead Sciences (4%) – Adami: I think the dip is a buying opportunity
CHK – Chesapeake Energy (6%) – Najarian: Commodities are falling across the board
BUCY – Bucyrus (11%) – Adami: I think it’s getting interesting
LAZ – Lazard (5%) – Announced plans to sell up to $334 million of stock in the company
EEM – Emerging Markets Fund (3%) – Merrill Lynch downgraded Russia to neutral, citing high inflation and political turbulence

Fast Money Stock Picks – August 29, 2008 – Financials and Tech

Finerman:
IYR – iShares Dow Jones US Real Estate – Short
BBT – BB&T – Short
GLNG – Golar LNG – Buy – “Final Trade”

Najarian:
RIMM – Research In Motion – Buy and hold
PALM – Palm – Watch
WFC – Wells Fargo – Buy – “Final Trade”

Terranova:
RIMM – Research In Motion – Buy around $115 and hold
EXM – Excel Maritime – Buy – “Final Trade”

Addison Armstrong, Tradition Energy director of market research:
OIH – Oil Services HLDRS – Buy if Hurricane Hannah starts to head into the Gulf of Mexico

Zach Karabell:
GLD – Gold ETF – Buy – “Final Trade”

Morgan Stanley analysts:
*Avoid most industrial stocks, including the following:
CAT – Caterpillar
EMR – Emerson
HON – Honeywell
UTX – United Tech

Pops (stocks that jumped higher):
AIG – AIG (8%) – Strong GDP numbers lifted all the financials
UNP – Union Pacific (5%) – Rising coal futures, more coal transported
MBI – MBIA Inc (59%) – Finerman: Too volatile for me
AMD – Advanced Micro Devices (9%) – Broadcom agreed to but a unit of the company for $192.8 million
JRJC – China Finance Online (8%) – Karabell: I’m not excited about this stock
PETM – PetSmart (7%) – Finerman: I’m not so sure about this stock
LFC – China Life (8%) – Karabell: It’s interesting
SUN – Sunoco (12%) – Terranova: I think it could be a buy

Drops (stocks that slid lower):
NOK – Nokia (4%) – Samsung announced a gloomy holiday season outlook and dragged down rivals
AMLN – Amylin (17%) – Terranova: I’d own it for the long term
CME – CME Group (6%) – Terranova: I’d get long with a $400 stop
FUJI – Fujifilm (11%) – UBS cut its rating from “Buy” to “Neutral” after the company lowered its outlook