Fast Money Stock Picks

Fast Money Stock Picks – February 22, 2008 – Oil & Home Improvement

Adami:
BHI – Baker Hughes – Buy
SLB – Schlumberger – Buy
T – AT&T – Buy
WB – Wachovia – Buy – “Final Trade”

Macke:
LEH – Lehman – Sell the rip
DIS – Disney – Buy – “Final Trade”

Finerman:
HD – Home Depot – Buy, but hold put options as downside protection
LOW – Lowe’s – Buy, but hold put options as downside protection
YHOO – Yahoo – Buy – “Final Trade”

Seymour:
HXM – Homex – Buy – “Final Trade”

Pops (stocks that jumped up):
NUE – Nucor (3%) – Adami: buy the dip
ACH – Chalco (8%) – Seymour: I think the stock goes down
FLI – CHC Helicopter (35%) – Adami: they’re being bought out
SID – Companhia Siderugica Nacional (6%) – Seymour: I like this story

Drops (stocks that slid lower):
Solar names: STP – Suntech Power, LDK – LDK Solar, TSL – Trina Solar, are all down more than 15% – Finerman: the valuations are too high
BBY – Best Buy (2%) – Macke: don’t know what to say
GRMN – Garmin (7%) – Finerman: don’t buy Garmin just because you love their Nuvi GPS; it’s not enough
INTU – Intuit (13%)
GM – General Motors (9%) – Seymour: I think GM’s future story comes from abroad
COMS – 3Com Corp (29%) – Adami: I would avoid this stock
YHOO – Yahoo (3%) – Finerman: I think it’s time for them to start negotiating
LTM – Life Time Fitness (16%) – Macke: it’s a sell

Trackback this Post | Feed on comments to this Post