Fast Money Stock Picks - July 18, 2008 - Financials and Oil
Fast Money Stock Picks - July 18, 2008 - Financials and Oil
Finerman:
C - Citigroup - Buy
PDE - Pride International - Buy - “Final Trade”
Macke:
C - Citigroup - Trim some gains
ETFC - E*Trade - Buy for a trade
AMTD - Ameritrade - Buy for a trade
USO - USO - Sell
MCD - McDonald’s - Buy - “Final Trade”
Najarian:
IBM - IBM - Buy
SNDK - Sandisk - Buy at $17
HAL - Halliburton - Buy - “Final Trade”
COP - ConocoPhillips - Buy
BHI - Baker Hughes - Buy
Terranova:
FCX - Freeport McMoRan - Buy - “Final Trade”
Pops (stocks that jumped higher):
INTC - Intel (7%) - Macke: I don’t think Intel is much to look at going forward
XHB - Homebuilders (15%) - Terranova: Housing starts were lost in the shuffle this week
GM - General Motors (32%) - Finerman: They don’t seem to have products that consumers want; I’d stay away
NOK - Nokia (6%) - Najarian: I’m interested to see if they have follow through
MAT - Mattel (19%) - Macke: I like Hasbro better
M - Macy’s (17%) - Finerman: It’s a nice turnaround
WERN - Werner Enterprises (26%) - A JP Morgan analyst upgraded it from ‘Underweight’ to ‘Neutral’, citing improved fuel efficiency and capacity utilization
TPX - Tempur-Pedic (28%) - Strong sales
IMAX - IMAX Corp (19%) - Macke: It’s a little ahead of itself
Drops (stocks that slid lower):
COP - ConocoPhillips (5%) - Terranova: It was a liquidation trade, I think it’s going higher next
AMD - Advanced Micro Devices (4%) - Najarian: They just can’t get out of their own way
ESLR - Evergreen Solar (11%) - Initially popped after inking a $1.2 billion deal with IBC Solar, but then dropped after it guided lower



