Fast Money Stock Picks – January 25, 2008 – Mining and Chemical

Najarian:
XLF – Financial Select Sector SPDR – Buy at $25, sell at $28
JOYG – Joy Global – Buy
DOW – Dow Chemical – Buy
DPTR – Delta Petroleum – Buy
MRO – Marathon – If refiners are beat up, buy on the dip
BNI – Burlington Northern – Buy – “Final Trade”
*Watch YRC Worldwide – a year ago they signaled a slowdown
*Stay away from tech (Microsoft, Apple, etc) for a while

Adami:
WB – Wachovia – Sell
MSFT – Microsoft – Buy at $32
FCX – Freeport McMoRan – Buy
BTU – Peabody (coal) – Buy
HON – Honeywell – Buy, but watch out for housing weakness spilling over into non-residential
BNI – Burlington Northern – Watch
GOOG – Google – Buy (bit risky though)
UTX – United Technologies – Buy – “Final Trade”

Finerman:
HD – Home Depot – Buy
MO – Altrai – Buy
GLNG – Golar – Buy – “Final Trade”

Seymour:
CAT – Caterillar – Buy (cheap to Deere)
SSL – Sasol – Buy for short term – “Final Trade”
*Short gold and buy…
GFI – Gold Fields Limited
HMY – Harmony Gold Mining

Pops (stocks that jumped up):
DD – DuPont (7%) – Finerman: it’s the flight to ag
XHB – Homebuilders ETF (20%) – Seymour: I think it’s a little overdone
YHOO – Yahoo (9%) – Adami: if you’re buying Yahoo, you’re buying hope
M – Macy’s (9%) – Finerman: oversold
AMGN – Amgen (5%) – Najarian: had great guidance at the JP Morgan Conference
SWC – Stillwater Mining Company (40%) – Seymour: buy it lower
NUE – Nucor (13%) – Adami: I think steel could outperform
RAIL – FreightCar America (23%) – Finerman: I’m interested in their balance sheet
DAL – Delta (12%) – Seymour: questions remain about possible merger
UTX – United Technology (10%) – Adami: I like this stock

Drops (stocks that slid lower):
SGP – Schering Plough (8%) – Najarian: I think they have issues
MRK – Merck (8%) – Najarian: They have issues, too
TPX – Tempur-Pedic (8%) – Najarian: if housing slows, so do mattresses