Fast Money Stock Picks

Fast Money Stock Picks – January 29, 2009 – Quarterly Losses

Mike Huckman:
SQNM – Sequenom – Buy

Pops (stocks that jumped higher):
MMM – 3M (2%) – Adami: I like it as a valuation play
AN – AutoNation (5%) – Adami: I wouldn’t get involved
WDC – Western Digital (10%) – Posted quarterly results that beat scaled-back expectations

Drops (stocks that slid lower):
EK – Eastman Kodak (30%) – Macke: The big surprise is that this company still exists
XHB – SPDR S&P Homebuilders ETF (7%) – A Commerce Dept. report said that sales of new homes in the US fell to their lowest level on record
OSK – Oshkosh (31%) – Said it was cutting its work force by 7% and withdrawing its 2009 earnings forecast as it scrambles to deal with a downturn in business
F – Ford (4%) – Posted a deeper than expected $5.9 billion quarterly loss and said it was cutting 2,500 white collar jobs
AZN – AstraZeneca (7%) – 4Q profit fell below estimates and said it will have little sales growth this year
LCC – US Airways (11%) – Trouble attempting to mitigate fuel costs
FO – Fortune Brands (11%) – Posted lower than expected profit, and 2009 forecast was below Wall Street estimates
ZMH – Zimmer Holdings (12%) – Posted a lower quarterly profit and a weaker than expected outlook for 2009
BDK – Black & Decker (21%) – Warned of double digit fall in sales for the first three quarters of 2009

Fast Money Stock Picks – January 28, 2009 – Banks and Pharmaceuticals

Adami:
STT – State Street – Sell
BAC – Bank of America – Could have a little more room to run
AMGN – Amgen – Interesting around $51
APOL – Apollo Group – Buy around $73
CELG – Celgene – Could surprise on the upside
GILD – Gilead – Buy – Final Trade

Macke:
XLF – XLF – Walk away
AMZN – Amazon.com – Sell ahead of the numbers
Bank stocks – Take profits – Final Trade

Finerman:
IYR – iShares Dow Jones US Real Estate – Sell – Final Trade

Seymour:
MELI – MercadoLibre – Buy – Final Trade

Paul Miller, FBR Capital Markets head of financial services:
Banks – If you’re long, sell them

John Roque, Natexis Bleichroeder technical analyst:
GLD – Gold ETF – Buy
or put these on your radar:
ABX – Barrick Gold – Any pullback to $36 or lower
AEM – Agnico-Eagle Mines – Buy on a pullback
GOLD – Randgold Resources

Pops (stocks that jumped higher):
STT – State Street (31%) – Macke: After a 31% gain, take profits
LYG – Lloyds Banking Group (66%) – Seymour: I wouldn’t be selling them
WLP – WellPoint (4%) – Reported medical costs increased less than analysts predicted, meaning the recession could help moderate health care costs
HD – Home Depot (4%) – Macke: I think they’ll continue the trend
HIG – Hartford Financial Services (21%) – State insurance commissioners backed proposals to loosen capital requirements
TUP – Tupperware Brands (7%) – Macke: In a recession people use tupperware to help cut food costs

Drops (stocks that slid lower):
LM – Legg Mason (7%) – Reported its largest loss in 25 years due in part to huge withdrawals and writedowns
AMLN – Amylin Pharmaceuticals (9%) – Adami: The quarter wasn’t that bad
NVS – Novartis (5%) – Profits fell below estimates in the 4Q, and its expected meningitis vaccine will be delayed until 2011

Fast Money Stock Picks – January 27, 2009 – Mobile and Tech

Najarian:
PALM – Palm – Buy
NOK – Nokia – Buy
JNPR – Juniper – Buy
CSCO – Cisco – Buy
YHOO – Yahoo – Take some off – Final Trade

Terranova:
RIMM – Research In Motion – Buy
HES – Hess – Buy if they dip on bad earnings
DRYS – DryShips – Buy – Final Trade

Seymour:
TKC – Turkcell – Buy
VIP – Vimpelcom – Buy
MBT – MBT – Buy
VOD – Vodafone – Buy
YHOO – Yahoo – Sell – Final Trade

Finerman:
TBT – ProShares UltraShort Lehman 20+ Yr ETF – Buy – Final Trade

Karabell:
CGW – The Claymore Global Water ETF – Buy

Pops (stocks that jumped higher):
TRV – The Travelers Companies (6%) – Terranova: I like it, but I’d pair it with a consumer finance short
BTU – Peabody Energy (12%) – Seymour: They look good for next quarter
TXN – Texas Instruments (4%) – Posted a smaller than expected drop in quarterly profit and analysts predicted the results could signal that it’s positioned for growth when demand picks back up
HSY – Hershey (6%) – Reported a 51% increase in revenue due to lower costs
STJ – St Jude Medical (11%) – Posted a higher-than-expected quarterly profit on solid demand for its devices to treat rhythm disorders and chronic pain
CRXL – Crucell (10%) – Hopes that a new buyer would emerge after Wyeth pulled out due to its merger with Pfizer
MHP – McGraw-Hill (4%) – Results topped forecasts
UNH – UnitedHealth (3%) – Obama lobbied for the immediate passage of the economic stimulus, which could benefit the healthcare sector

Drops (stocks that slid lower):
DAL – Delta Air Lines (20%) – Reported a quarterly loss due in part to bad fuel hedging
TBT – ProShares UltraShort Lehman 20+ Yr ETF (4%) – Finerman: I’m long but it’s very volatile
VLO – Valero (6%) – Terranova: I wouldn’t short it
AKS – AK Steel (8%) – Said it expects prices to be down about 10% in the fourth quarter, with shipments also lower

Fast Money Stock Picks – January 26, 2009 – Tech

Najarian:
XBI – SPDR S&P Biotech ETF – Buy
PALM – Palm – Buy – Final Trade

Adami:
HD – Home Depot – Buy – Final Trade

Seymour:
FXA – CurrencyShares Australian Dollar Trust – Buy – Final Trade
BIDU – Baidu.com – Buy

Jeff Lindsay, Sanford Bernstein analyst:
GOOG – Google – Buy

Pops (stocks that jumped higher):
CHK – Chesapeake Energy (6%) – Najarian: I’d wait and see
HD – Home Depot (5%) – Macke: They’re trying to get back to business
STT – State Street (5%) – UBS said it sees a merger with Goldman Sachs possible for it, as analysts belive it is an attractive takeover target
ING – ING Groep N.V. (21%) – CEO is resigning and they’re working on a restructuring plan which includes 7,000 job cuts
ATHN – Athena Health (4%) – Senate’s additional $3 billion for health care related IT spending could be a boost
DHR – Danaher Corp (9%) – 4Q earnings beat the Street’s estimates
HNZ – H.J. Heinz (3%) – Barron’s wrote a favorable report on it, saying it could become a takeover candidate

Drops (stocks that slid lower):
APOL – Apollo Group (2%) – Barron’s said education stocks might not be as good a play as they seem, citing high valuations
ROH – Rohm & Haas (13%) – Dow Chemical no longer intends to close its pending $15.3 billion acquisition deal on or before Tuesday, the deadline
USB – US Bancorp (11%) – Goldman Sachs added it to the conviction sell list, saying it’s overvalued compared to its peers

Fast Money Stock Picks – January 23, 2009 – Gold and Energy

Jon Najarian:
CAT – Caterpillar – Buy if it trades 3-4 dollars lower than where it closed Friday
AKS – AK Steel – Buy, and buy calls

Pete Najarian:
GLD – SPDR Gold Trust ETF – Buy
GNW – Genworth Financial – Buy – Final Trade

Adami:
GLD – SPDR Gold Trust ETF – Buy
JNJ – Johnson & Johnson – Buy – Final Trade

Finerman:
ROH – Rohm and Haas – Buy calls – Final Trade

Mike Khouw Cantor, Fitzgerald’s director of US equity derivatives:
COP – ConocoPhillips – Buy
XOM – Exxon Mobil – Short

Pops (stocks that jumped higher):
MS – Morgan Stanley (15%) – Finerman: They could be the cream of the crop
GERN – Geron (46%) – Najarian: Don’t get too excited
AAPL – Apple (7%) – Strong quarterly results

Drops (stocks that slid lower):
WMT – Wal-Mart (6%) – Macke: I no longer own Wal-Mart
PLA – Playboy (7%) – Adami: I think it could be a buy
NYT – New York Times (10%) – Macke: Not so good
WFR – MEMC Electronic Materials (7%) – Hapoalim Securities upgraded the firm from ‘sell’ to ‘hold’
XRX – Xerox (8%) – Blamed consumer spending for its earnings miss and they gave a forecast that trailed analysts’ estimates
AFL – Aflac (38%) – S&P downgraded it, and concerns related to losses in UK banks
CSX – CSX (3%) – Concerns over volume
WFC – Wells Fargo (15%) – Some analysts’ speculated that it still needs billions more in equity for a sustained recovery
AA – Alcoa (11%) – Rio Tinto said it will reduce output and cut jobs as demand for metal continues to decline