Fast Money Stock Picks

Fast Money Stock Picks – January 8, 2009 – Wal-mart and Energy

Macke:
WMT – Wal-mart – If they mess up another fundamental area, get out
POT – Potash – Buy – Final Trade

Najarian:
WMT – Wal-mart – If you’re on the sidelines, get in
CSX – CSX Corp – Buy – Final Trade

Adami:
WMT – Wal-mart – Buy
APOL – Apollo Group – Buy
CSX – CSX Corp – Buy – Final Trade

Terranova:
*If you want to play the energy space, consider the following:
SU – Suncor
COP – ConocoPhillips
NOV – National-Oilwell Varco
FXC – Canadian Dollar

Pops (stocks that jumped higher):
SHLD – Sears (23%) – Macke: It’s tough to short this stock in a bear market
GME – Gamestop (13%) – Boosted low end of 4Q estimates and said same store sales during the holidays rose 10%
WFMI – Whole Foods (23%) – Yucaipa disclosed a 7% stake in the company and said it sees opportunities for improvement in ’09
DRYS – DryShips (17%) – Seymour: There’s a good argument that rates could go higher

Drops (stocks that slid lower):
SKS – Saks (5%) – Adami: Check out to see if they’re trading below their real estate value
ANF – Abercrombie & Fitch (3%) – Reported a 24% plunge in same store sales for December and warned that 4Q earnings will be below expectations
JWN – Nordstrom (2%) – Said 4Q profits won’t meet previous forecasts due to large markdowns
JPM – JP Morgan Chase (3%) – S&P lowered ratings on four classes of its commercial mortgage securities and media reports suggested big banks may face increased restrictions
GPS – Gap (5%) – Lowered its 2008 fiscal year earnings guidance and said same store sales dropped 14%
MTW – Manitowoc (12%) – Forecast 2009 profit fell below analysts’ estimates
ISRG – Intuitive Surgical (6%) – Missed on 4Q revenue due to slow sales

Fast Money Stock Picks – January 6, 2009 – Biotech

Pete Najarian:
NVDA – NVIDIA – Buy
EEM – iShares MSCI Emerging Markets Index – Buy – Final Trade

Finerman:
TBT – ProShares UltraShort Lehman 20+ Yr ETF – Buy if you think the treasuries have peaked
DNA – Genentech – Buy – Final Trade

Macke:
MOS – Mosaic – Buy – Final Trade

Adami:
HD – Home Depot – Buy – Final Trade

Jon Najarian:
VTIV – inVentiv Health – Own the stock and sell the volatility
BIIB – BiogenIdec – Buy the stock and a put

Dennis Gartman:
Gold – Buy

Pops (stocks that jumped higher):
MS – Morgan Stanley (11%) – Pete Najarian: Chart broke through the 50-day average
DOW – Dow Chemical (7%) – May try to reduce the price agreed to pay for Rohm & Hass by around 35%, but Finerman doesn’t think they’ll get it
XHB – SPDR S&P Homebuilders ETF (3%) – Macke: It’s a pop but nothing more
PRU – Prudential (16%) – Pete Najarian: Investors are getting more comfortable with insurance companies across the board
NYT – New York Times (1%) – Began to place ads on its front page after struggling with falling ad revenues
BBY – Best Buy (4%) – Announced plans to sell refurbished iPhones for $50 less than new ones
DPZ – Domino’s Pizza (11%) – Claimed its sandwiches beat Subway’s in a national taste test
IDEV – Indevus Pharmaceuticals (74%) – Endo Pharmaceuticals agreed to buy it for over $630 million

Drops (stocks that slid lower):
RAI – Reynolds American (5%) – Congress plans to pass new laws regulating cigarettes, increasing sales tax, and ratifying an international anti-tobacco treaty
CELG – Celgene (7%) – Adami: I like this stock
ESLR – Evergreen Solar (2%) – Closed one of its plants and will incur about $25 million in charges
GRMN – Garmin (4%) – Goldman put it on its ‘conviction sell’ list citing a decline in markets

Fast Money Stock Picks – January 5, 2009 – Biotech

Adami:
TSN – Tyson – Buy – Final Trade

Finerman:
IBB – iShares NASDAQ Biotechnology Index – Buy
DNA – Genentech – Buy – Final Trade

Macke:
Shippers – Sell – Final Trade

Terranova:
MCD – McDonald’s – Buy – Final Trade part 1
SHLD – Sears – Short – Final Trade part 2

Mike Huckman:
Keep an eye on these stocks:
GILD – Gilead
ONXX – Onyx
MYGN – Myriad
OREX – Orexigen

Carter Worth:
WCC – Wesco Int’l – Buy
XCO – Exco Resources – Buy
Beaten down stocks with short-term upside potential:
XLI – Industrial Material
XLE – Energy
Least likely to be dragged down by the weak economy:
XLV – Healthcare
IBB – Biotech

Pops (stocks that jumped higher):
LVS – Las Vegas Sands (20%) – Macke: I’m long MGM
RIMM – Research In Motion (3%) – Terranova: Options action suggests it could go higher still
BBY – Best Buy (3%) – Finerman: I’m a little skeptical
BKS – Barnes & Noble (13%) – Macke: No
TCK – Teck Cominco Limited (19%) – Terranova: Don’t get too excited with this one
HOV – Hovnanian (15%) – Finerman: They have a ton of debt
NTRI – NutriSystem (9%) – Adami: The partnership with Costco doesn’t seem logical
DRYS – DryShips (11%) – Macke: I’d take profits

Drops (stocks that slid lower):
T – AT&T (3%) – Terranova: If you’re long I suggest taking it off
SLG – SL Green Realty (5%) – Finerman: NYC is not a good place to own real estate
TSN – Tyson Foods (6%) – President and CEO Dick Bond announced he is leaving the company immediately, in the best interest of both himself and the company
SKS – Saks (13%) – Analysts estimated that its December same-store sales fell 11% from last year