Fast Money Stock Picks - December 12, 2008 - Trade Fast
Fast Money Stock Picks - December 12, 2008 - Trade Fast
Finerman:
DSX - Diana - Trade around the big moves
UNH - UnitedHealth - Trade around the big moves
IBB - iShares NASDAQ Biotechnology Index ETF - Buy - Final Trade
Najarian:
FCX - Freeport McMoRan - There’s still some upside, but you’ve got to take some off the table
NKE - Nike - Buy - Final Trade
Seymour:
FRO - Frontline - Short interest is massive
CTX - Centex - Get out
DXO - Powershares DB Crude ETF - Buy - Final Trade
Adami:
TGT - Target - Move quickly to trade this
RIMM - Research In Motion - Looks interesting at current levels
NVS - Novartis - Buy - Final Trade
Louis Taylor, Deutsche Bank REIT analyst:
DRE - Duke Realty - Buy
MAC - Macerich Co - Buy
Pops (stocks that jumped higher):
XHB - S&P Homebuilders ETF (5%) - Mortgage rates dropped
EEM - iShares MSCI Emerging Markets ETF (9%) - Hopes Obama’s infrastructure package will spur growth worldwide
GGP - General Growth Properties (25%) - Finerman: I’d stay away
NUE - Nucor Corp (20%) - Adami: I’d take some off the table
AMLN - Amylin Pharmaceuticals (31%) - Najarian: Good stuff is happening there
TWX - Time Warner (5%) - Said the spin off of its cable business is on track to close in early 2009
COP - ConocoPhillips (7%) - Seymour: I think the stock is cheap
NYX - NYSE Euronext (28%) - Najarian: It was probably oversold
Drops (stocks that slid lower):
FDX - FedEx (16%) - Slashed its 2009 forecast
JPM - JP Morgan (7%) - Jamie Dimon expressed concern about 2009 and UBS slashed its price target
BNI - Burlington Northern (4%) - Adami: Could be a buy
PG - Proctor & Gamble (5%) - Adami: I like Church & Dwight better



