Fast Money Recaps23 Jan 2008 08:36 am

Fast Money Stock Picks – January 21, 2008 – Financials and Consumer Staples

Finerman:
MO – Altria – Buy
CROX – Crocs – Buy
M – Macy’s – Buy – “Final Trade”

Najarian:
AAPL – Apple – Buy
FRE – Freddie Mac – Buy
FNM – Fannie Mae – Buy
BNI – Burlington Northern – Buy
DD – DuPont – Buy
COP – Conoco Phillips – Buy
NDAQ – NASDAQ – Buy
EWG Feb 30 – Buy puts – “Final Trade”

Adami:
AAPL – Apple – Buy
CSX – CSX Corp – Buy
JNJ – Johnson & Johnson – Buy
CTX – Centex – Buy
HD – Home Depot – Buy
MSFT – Microsoft – Buy
NYX – NYSE/Euronext – Buy
WB – Wachovia – Buy – “Final Trade”

Macke:
WMT – Wal-Mart – Buy
PG – Proctor & Gamble – Buy (safe play)
MCD – McDonald’s – Buy (safe play)
XLF – Financial Select Sector SPDR – Buy – “Final Trade”

Dennis Gartman:
POT – Potash – Buy
SDS – UltraShort S&P 500 – Buy
DOG – Short Dow30 ProShares – Buy
JPM – JP Morgan – Buy

Tim Seymour:
EEM – iShares MSCI Emerging Markets ETF – Buy
TTM – Tata Motors – Buy
RIO – CVRD – Buy
PBR – Petrobras – Buy
Gazprom (not on American markets) – Buy
FXI – iShares FTSE/Xinhua China 25 Index – Buy (hold for 6-12 months)

Pops (stocks that jumped up):
CC – Circuit City (21%)
MS – Morgan Stanley (8%)
WB – Wachovia (4%)
JWN – Nordstrom (9%)
WM – Washington Mutual (9%) – Finerman: benefitting from Fed rate cut
JEC – Jacobs Engineering (5%) – Adami: remains strong
WSM – Williams-Sonoma (12%) – Finerman: another retailer that was oversold

Drops (stocks that slid lower):
MOT – Motorola (8%) – Najarian: not looking good
YHOO – Yahoo (4%) – Macke: sell what you have left
XOM – Exxon Mobile (3%) – Adami: starting to become compelling
CSCO – Cisco (6%) – Najarian: best in breed, but maybe it’s early
COCO – Corinthian Colleges (31%) – Macke: problematic

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