Fast Money Stock Picks – October 20, 2008 – Nuclear Energy and Pharmaceuticals
Finerman:
OIH – OIH – Buy
XME – XME – Buy
Najarian:
ACI – Arch Coal – Buy
BTU – Peabody – Buy
MEE – Massey – Buy
VIX – Volatility – Buy stocks and sell calls
AMGN – Amgen – Buy
AAPL – Apple – Buy
UNP – UNP – Buy
BNI – BNI – Buy
PFE – Pfizer – Buy – Final Trade
Terranova:
MRK – Merck – Buy
GEX – Market Vectors Glbl Alter Energy ETF Trust – Buy
PFE – Pfizer – Watch
Gold – Buy – Final Trade
Seymour:
VIP – Vimpel Communications – Buy – Final Trade
Carter Worth:
UYM – ProShares Ultra Basic Materials ETF – Buy
DIG – ProShares Ultra Oil & Gas ETF – Buy
Zach Karabell:
SGR – Shaw Group – Buy
EXC – Exelon – Buy
ETR – Entergy – Buy
JASO – JA Solar – Buy
LDK – LDK Solar – Buy
STP – SunTech – Buy
Pops (stocks that jumped higher):
XOM – Exxon Mobil (10%) – Terranova: Energy names are worth a look
ING – ING (21%) – Seymour: This could be the bottom
PSUN – Pacific Sunwear (5%) – Finerman: I don’t think it means much
CSCO – Cisco Systems (6%) – Najarian: I like this stock
MOS – Mosaic (16%) – Market speculation suggests Cargill could increase its ownership stake
Drops (stocks that slid lower):
RIMM – Research In Motion (9%) – Terranova: I’d stay away
DE – Deere & Co (2%) – Morgan Stanley downgraded it from ‘overweight’ to ‘equal weight’
HAS – Hasbro (4%) – Concerns about consumer spending for the holidays
GGP – General Growth Properties (13%) – Finerman: Shopping malls are not where you want to be as an investor
PRU – Prudential (2%) – Goldman cut its rating citing write-downs from exposure to mortgage-backed securities
HRL – Hormel (11%) – Terranova: Avoid at all costs