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

Fast Money Stock Picks – January 22, 2009 – Trading the New Administration

Adami:
USB – US Bancorp – Stock is cheap, but they’re caught up in the tsunami
LLL – L-3 Communications – Buy – Final Trade

Finerman:
TBT – ProShares UltraShort Lehman 20+ Yr ETF – Sell at least half
PMI – Philip Morris International – Take a closer look
CBS – CBS – Steer clear
IYR – iShares Dow Jones US Real Estate – Short after a bounce – Final Trade

Macke:
MSFT – Microsoft – Sell – Final Trade

Seymour:
DXO – PowerShares DB Crude Oil Double Long – Buy – Final Trade

Carter Worth:
*Expect these stocks to break lower:
PG – Proctor & Gamble
PEP – Pepsi
CL – Colgate
CLX – Clorox
XOM – Exxon – Sell

Pops (stocks that jumped higher):
HSY – Hershey (3%) – Citigroup upgraded them from ‘hold’ to ‘buy’ saying it will benefit from consumers trading down to less expensive chocolates
POT – Potash (5%) – Macke: I’m not sure they can hold the gains
LUV – Southwest Airlines (17%) – Adami: I love LUV just for CEO Herb Kelleher
UNH – UnitedHealth Group (9%) – Finerman: Their story is pretty good
EAT – Brinker International (32%) – Posted much better than expected quarterly results, due partly to their ability to control costs

Drops (stocks that slid lower):
SNE – Sony (14%) – Seymour: I think it could go lower
NOK – Nokia (10%) – Seymour: Not a lot of good things here
EBAY – eBay (12%) – Macke: I’ve been cautionary on this stock for some time
FCX – Freeport McMoRan (4%) – Adami: It’s a volatile space
BCS – Barclays (18%) – Concerns of nationalization in the UK
FITB – Fifth Third Bancorp (29%) – Posted quarterly loss of $2.2 billion, its third straight loss
JEC – Jacobs Engineering (12%) – One of its most important clients, Suncor, slashed its 2009 spending

Fast Money Stock Picks – January 21, 2009 – Tech and Financials

Najarian:
AAPL – Apple – Buy calls
GGB – Gerdau – Watch for recent options action – Final Trade

Macke:
TM – Toyota – Buy – Final Trade

Seymour:
BIDU – Baidu.com – Buy if Google shares pop on earnings – Final Trade

Finerman:
MA – Mastercard – Buy on a pullback – Final Trade

Pops (stocks that jumped higher):
TBT – ProShares UltraShort Lehman 20+ Treasury (6%) – Finerman: This ETF is up nicely
BLK – BlackRock (5%) – Rallied after dropping on 4Q results
MCD – McDonald’s (3%) – Goldman added it to its conviction buy list
USB – US Bancorp (5%) – Investors bid it higher even after 65% decline in 4Q income
PNC – PNC Financial (37%) – Said losses related to its acquisition of National City were less than previously estimated
CMCSA – Comcast (7%) – Made gains as Microsoft sold its entire stake in it
AXL – American Axle (13%) – Deutsch upgraded it from ’sell’ to ‘hold’, saying it’s approaching bottom valuations and may recover in 2010

Drops (stocks that slid lower):
COH – Coach (7%) – 2Q income fell 14% on weak sales
CSH – Cash America International (17%) – Predicted a decline in 4Q income and cut their 2009 earnings outlook
AMR – American Airlines (23%) – Parent corp AMR and United Airlines’ parent corp UAL posted wider than expected 4Q losses on higher fuel costs
UTX – United Technologies (1%) – Profit taking sent shares lower around lunchtime, but went higher into the close after they reported 4Q earnings rose 8% over last year

Fast Money Stock Picks – January 20, 2009 – Inauguration Day Trades

Najarian:
EBAY – eBay – Could have some upside
IYR – iShares Dow Jones US Real Estate – Buy puts – Final Trade

Adami:
USB – US Bancorp – Hoping to see a relief rally
JNJ – Johnson & Johnson – Buy – Final Trade

Macke:
C – Citigroup – Buy – Final Trade

Seymour:
MBT – Mobile TeleSystems – Buy – Final Trade

Karabell:
XLI – Industrials – Buy for longer term (approx. 6 months)
XLK – Technology – Buy for longer term (approx. 6 months)

Gene Munster, Piper Jaffray analyst:
AAPL – Apple – Buy

Pops (stocks that jumped higher):
NEM – Newmont Mining (4%) – Adami: I’d take profits
MO – Altria (2%) – Safe haven play

Drops (stocks that slid lower):
NYT – New York Times (8%) – Analysts predicted a continued slump in ad sales
PALM – Palm (3%) – Najarian: It’s up almost 100% in just a few weeks
BCS – Barclays (42%) – The UK government committed billions more for a bailout, suggesting another step toward nationalization
BBY – Best Buy (7%) – Macke: It’s Circuit City who’s liquidating
COP – ConocoPhilips (7%) – Cut 4% of its workforce
AMTD – TD Ameritrade (10%) – Said quarterly profit fell 23% and they reduced profit forecast for the year
JCP – JC Penney (10%) – Macke: Avoid retailers
CSX – CSX Corp (7%) – Goldman downgraded Canadian National Railway (a fellow rail company) from ‘buy’ to ‘neutral’
AA – Alcoa (11%) – Rival Rio Tinto announced plans to reduce production due to low demand
GRMN – Garmin (7%) – TomTom reduced its sales forecast due to a decline in the price of GPS units

Fast Money Stock Picks – January 19, 2009 – Obama Stocks

Obama Pop (stocks thought to go higher under Obama):
UNG – Natural Gas
CHK – Chesapeake Energy
APA – Apache – Terranova: I think nat gas is a great investment theme
EOG – EOG Resources
RIMM – Research In Motion – Seymour: I think it’s a difficult time for this stock
FLR – Fluor – Adami: I like it on a pullback
URS – URS Corp – Adami: I like it at current levels
TEVA – Teva
NVS – Novartis – Adami: I like it
MYL – Mylan – Adami: I like it
TM – Toyota – Terranova: Solar play; they’re working on a car that incorporates solar power
X – US Steel – Karabell: Could rise short-term
SPY – S&P 500 ETF
MO – Altria – Seymour: Could be some pressure on it, but it has outperformed this year
DYN – Dynegy

This week’s rising star stock:
BLUD – Immucor

Seymour:
COP – ConocoPhilips – Buy – Final Trade

Adami:
GPS – Gap – Buy – Final Trade

Karabell:
TC – Thompson Creek Metals – Buy – Final Trade

Terranova:
EOG – EOG Resources – Buy – Final Trade, part 1
HES – Hess – Buy – Final Trade, part 2

Fast Money Stock Picks – January 16, 2009 – Infrastructure

Seymour:
FCX – Freeport McMoRan – Buy
INTC – Intel – Buy
COP – ConocoPhilips – Buy – Final Trade

Macke:
TM – Toyota – Buy – Final Trade

Finerman:
BBT – BB&T – Cover if you’re short – Final Trade

Terranova:
Infrastructure names – Buy – Final Trade

Pops (stocks that jumped higher):
EXC – Exelon (4%) – Terranova: It’s more of a recovery than a pop
MCD – McDonald’s (3%) – Macke: It’s a buy under $50
TRA – Terra Industries (26%) – CF Industries announced plans to acquire it for about $2 billion
KMB – Kimberly-Clark (2%) – Investors put money into it as a safe-haven play, away from volatile financials
TROW – T Rowe Price (3%) – Bounced despite an analyst note which said that 4Q results could disappoint

Drops (stocks that jumped higher):
MS – Morgan Stanley (4%) – Seymour: Anybody taking money from the government is going to lose
JPM – JP Morgan (6%) – Terranova: Sometimes you’re just happy to brake even
WFC – Wells Fargo (7%) – Macke: A sinking tide sinks all banks
EL – Estee Lauder (10%) – Slowdown in consumer spending