Fast Money Stock Picks – January 29, 2008 – Refiners, Wal-Mart’s Own Stimulus Package
Fast Money Stock Picks – January 29, 2008 – Refiners, Wal-Mart’s Own Stimulus Package
Najarian:
MRO – Marathon – Buy
CROX – Crocs – Buy, hoping for a squeeze to get out – “Final Trade”
Adami:
TSO – Tesoro – Buy
MRK – Merck – Buy – “Final Trade”
Macke:
LXK – Lexmark – Sell
WMT – Wal-Mart – Buy – Offering their own “stimulus package,” lowering prices ahead of Super Bowl Sunday
MRK – Merck – Buy
XLF – XLF – Sell – “Final Trade”
Finerman:
IHP – IHOP – Sell
WMT – Wal-Mart – Buy
TIPS (Treasury-Inflation Protected Securities) – Buy – “Final Trade”
Pops (stocks that jumped up):
ZMH – Zimmer Holdings (13%) – Najarian: this stock was oversold, Morgan Stanley just set an $86 price target
SEPR – Sepracor (3%) – Najarian: it just bought two drugs that could balance some of its write-offs
CAH – Cardinal Health (5%) – Adami: purely a relief rally, buy MCK (McKesson) instead
SSCC – Smurfit-Stone Container (13%) – Finerman: could be a good sign for UPS (UPS) and FDX (FedEx)
QMAR – Quintana Marine (30%) – Najarian: this whole industry is booming
Drops (stocks that slid lower):
EMC – EMC (6%) – Adami: own it for a trade
CCU – Clear Channel (7%) – Finerman: stay away
AMZN – Amazon (3%) – Najarian: no love for tech this year, but this is still a great merchant
DIS – Disney (2%) – Macke: still a buy
