Fast Money Stock Picks – February 29, 2008 – Natural Gas, Homebuilding, and Latin America

Adami:
RTN – Raytheon – Buy
AIG – American International Group – If you want to buy, stop out at $44.50
APA – Apache – Buy on pullback
XTO – XTO Energy – Buy on pullback
MO – Altria – Buy if you’re looking for a recession play
WDC – Western Digital – Buy on dips
T – AT&T – Buy
VZ – Verizon – Buy
MA – MasterCard – Buy if the Visa IPO pulls it down
HD – Home Depot – Buy before the housing market turns – “Final Trade”
AMP – Ameriprise – Buy
RJF – Raymond James – Buy
ZMH – Zimmer – Buy and hold
SYK – Stryker – Buy and hold
R – Ryder – Buy on a dip

Macke:
RTN – Raytheon – Buy
BRK – Berkshire Hathaway – Buy
AAPL – Apple – Will work, but it’s going to take a while
WMT – Wal-Mart – Buy with a 4-handle – “Final Trade”
GPS – The Gap – Buy
COST – Costco – Buy

Najarian:
CHK – Chesapeake – The chairman bought 500,000 of his own shares
AAPL – Apple – Buy, but you have to hold on to it
IBM – IBM – Buy
CTXS – Citrix Systems – Sell
JNJ – Johnson & Johnson – Buy
MO – Altria – Buy – “Final Trade”

Finerman:
KSS – Kohl’s – Buy
JCP – JC Penney – Buy if it gets below $45
XHB – SPDR S&P Homebuilders ETF – Buy
LEN – Lennar – Sell
MTH – Meritage – Sell

Seymour:
EEM – iShares MSCI Emerging Markets – Short emerging markets – “Final Trade”
*For Latin American plays:
ITU – Banco Itau – Buy
BBD – Banco Bradesco – Buy
CIB – Bancolombia – Buy
RIO – Vale – Buy
PBR – Petrobras – Buy

Alonzo Mourning, center for the NBA’s Miami Heat:
*MCD – McDonald’s, MSFT – Microsoft, XOM – Exxon, and PFE – Pfizer will make the final 4 of this year’s Fast Money Madness tournament

Pops (stocks that jumped higher):
BKC – Burger King (3%) – Najarian: I think they have a lot of growth in front of them
TTWO – Take-Two Interactive Software (51%) – Macke: I’m a seller
BKD – Brookdale Senior Living (9%) – Adami: I like it
URI – United Rentals (8%) – Najarian: the stock is way off the highs
AGO – Assured Guaranty (13%)
GILD – Gilead (10%) – Adami: I think it’s a buy on any dip
EOG – EOG Resources (19%) – Adami: I think it’s rich for the space
LEN – Lennar (2%) – Finerman: I love this story

Drops (stocks that slid lower):
DECK – Deckers Outdoor Corp (7%) – Finerman: “Ugh” says it all
DF – Dean Foods (12%) – Macke: walk away
GOOG – Google (7%) – Adami: I think it’s a value at current levels
FRE – Freddie Mac (4%) – Macke: nothing to see here
MOT – Motorola (12%) – Finerman: there’s trouble in the handset business
AMR – AMR Corp. (10%) – Najarian: oil at $104 is likely a problem for this company
XLU – Utilities (4%) – Macke: I don’t like it