Fast Money Rapid Recap – January 18, 2008 – Cell phones, Tech, and the “Worst Company On Earth”

Finerman:
LEH – Lehman – “I bought back a portion… because so much has come down so fast.”
SPG – Simon Properties – ditto
MER – Merrill – Starting to look attractive
DSW – DSW Inc – Buy
RVI – Retailer Ventures – Sell
SOLF – Solarfun – “Worst Company On Earth”

Najarian:
USB – US Bancorp – Buy (if you feel like you have to be in banking)
XLE – Energy Select Sector SPDR – Sell
XLB – Materials SPDW – Sell
MRK – Merck – Sell
SGP – Schering Plough – Sell
AAPL – Apple – Buy
S – Sprint Nextel – “Worst Company On Earth”

Adami:
GS – Goldman Sachs – Buy
INTC – Intel – Buy the dip
NEM – Newmont – Sell
HUM – Humana – Buy
MSFT – Microsoft – Buy
AMD – Advanced Micro Devices – “Worst Company On Earth”

Macke:
MSFT – Microsoft – Buy
M – Macy’s – Buy
JWN – Nordstrom – Buy
WMT – Wal-Mart – Buy
UA – Under Armour – Sell
MCO – Moody’s – “Worst Company On Earth”

Pops (stocks that jumped up):
XHB – Homebuilders ETF (2%) – Adami: I wouldn’t race in
HD – Home Depot (7%) – Finerman: retail is oversold
AMD – Advanced Micro Devices (13%) – Macke: low expectations
AEO – American Eagle Outfitters (11%) – Finerman: I own it

Drops (stocks that slid lower):
GOOG – Google (6%) – Najarian: this is a good name
SLB – Schlumberger (15%) – Adami: look at it next week
S – Sprint Nextel (28%)
MOT – Motorola (9%) – Najarian: this is the Sprint of cellphone makers
SHLD – Sears (7%) – Macke: I don’t like this stock
EEM – Emerging Market ETF (8%) – Adami: it has more room lower
IWM – Russell 2000 ETF (4%)