Fast Money Stock Picks – February 26, 2008 – Tech & Commodities

Adami:
IBM – IBM – Buy
WDC – Western Digital – Buy
POT – Potash – Buy on any pullback
BHI – Baker Hughes – Buy – “Final Trade”
SLB – Schlumberger – Buy
HD – Home Depot – Buy on a pullback
GOOG – Google – Buy
GS – Goldman Sachs – Buy
RTN – Raytheon – Buy
VZ – Verizon – Buy with a stop-out at the 52-week low
DELL – Dell – Buy
APA – Apache – Buy

Macke:
INTC – Intel – Buy
USO – Oil ETF – Buy
GLD – Gold ETF – Buy
GS – Goldman Sachs – Buy like crazy at $160
MSFT – Microsoft – Go long
SBUX – Starbucks – Buy – “Final Trade”

Najarian:
XTO – XTO Energy – Buy – “Final Trade”
NITE – Knight – Buy
SCHW – Schwab – Buy
AMTD – TD Ameritrade – Buy
HRL – Hormel – Buy
HNZ – Heinz – Buy
DRYS – DryShips – Buy, but it’s a volatile sector
VZ – Verizon – Buy with a stop-out at the 52-week low
*Watch the following stocks for the long term, but don’t buy until we know who the next President is going to be…
PFE – Pfizer
LLY – Lilly
MRK – Merck
MYGN – Myriad Genetics
CPHD – Cepheid
ZMH – Zimmer
SYK – Stryker

Finerman:
FLS – Flowserve – She trimmed her position, saying it’s too high for the near term, but it’s still a value play on a long-term basis
TIP – iShares Lehman TIPS Bond – Buy
VZ – Verizon – Buy with a stop-out at the 52-week low
MSFT – Microsoft – Buy – “Final Trade”

Pops (stocks that jumped higher):
AZO – AutoZone (6%) – Najarian: margins were huge
FDP – Fresh Del Monte Produce (5%) – Macke: get long the food players
CBRL – CBRL Group (11%) – Macke: go figure
RAD – Rite Aid (7%) – Adami: I like their CEO
DPZ – Domino’s Pizza (6%) – Finerman: the stock’s up despite the high cost of cheese
BX – Blackstone (7%) – Macke: nothing here to see

Drops (stocks that slid lower):
KSWS – K-Swiss (9%) – Finerman: these were some really bad numbers
FWLT – Foster Wheeler (15%) – Adami: I want to hear what the CEO has to say about it (missing fourth quarter estimates)
KWK – Quicksilver Resources (5%) – Najarian: this could be a buying opportunity
ODP – Office Depot (6%) – Finerman: earnings were awful
USU – USEC Inc. (26%) – Najarian: could be an opportunity
CRDN – Ceradyne (24%) – Adami: this stock could be a buy on the dip