Fast Money Stock Picks – April 14, 2009 – Mining and Property
Fast Money Stock Picks – April 14, 2009 – Mining and Property
Finerman:
DYN – Dynegy – Look
CPN – Calpine – Look
FLS – Flowserve – Buy – Final Trade
*Short one of the following:
ESS – Essex Property
REG – Regency Centers
BPO – Brookfield Properties
Adami:
AYI – Acuity Brands – Short if it gets up to $28
CREE – Cree – Buy on a pullback
INTC – Intel – Buy if it trades down to $15 – Final Trade
Seymour:
Gold – Buy for long term
AA – Alcoa – Sell down to $8 – Final Trade
Terranova:
AMGN – Amgen – Buy – Final Trade
Gartman:
Copper – Buy
AA – Alcoa – Buy
X – US Steel – Watch
Gold – Short
Pops (stocks that jumped higher):
BX – The Blackstone Group (7%) – JMP Securities initiated coverage of it at ‘market outperform’ citing valuations
OIH – Oil Services ETF (2%) – Terranova: I think it’s worth a look
LAZ – Lazard Capital (3%) – Adami: I think it has a little room higher, though most of the run is probably over
MGM – MGM Mirage (6%) – Reports suggest Colony Capital is in talks with the casino and could be close to investing in MGM’s CityCenter project
Drops (stocks that slid lower):
MS – Morgan Stanley (12%) – Adami: I’d grab it in the low 20s
WFC – Wells Fargo (7%) – Seymour: I’d take a wait and see attitude with this stock
HIG – Hartford Financial (13%) – Investors bid it lower, perhaps fearing their exposure to commercial real estate
BBY – Best Buy (7%) – Terranova: I think you could get long with a stop at $34.50



