Fast Money Recaps31 Jan 2008 08:30 am

Fast Money Stock Picks – January 30, 2008 – The Dow Loses a Rally

Adami:
WB – Wachovia – Buy
PEG – Public Service Enterprises – Buy – “Final Trade”

Macke:
SBUX – Starbucks – Buy at $18
RTH – Retail ETF – Sell – “Final Trade”

Finerman:
LEH – Lehman – Sell
MO – Altria – Buy – “Final Trade”

Najarian:
ETFC – E*TRADE – Buy – “Final Trade”

Dennis Gartman:
JPM – JP Morgan – Buy

Pops (stocks that have jumped up):
CROX – Crocs (6%) – Finerman: still like it and hanging on through earnings
HMC – Honda Motor (4%) – Najarian: a big pop on strong U.S. sales
PEIX – Pacific Ethanol (12%) – Macke: take profits; ethanol was last year’s fad
DIS – Disney (2%) – Macke: sticking with it even though a recession is a bad time to own Disney
BA – Boeing (2%) – Adami: BA is now a long-term stock to own
ETFC – E*TRADE (10%) – Finerman: an empathetic “eh”

Drops (stocks that have slid lower):
AGN – Align Technology (15%) – Najarian: this kind of thing is the first expense people cut back on in a tough economy
EK – Eastman Kodak (3%) – Adami: missed EPS but beat revenues? Stay away
TSO – Tesoro (2%) – Finerman: a little profit-taking was inevitable
VLO – Valero (2%) – ditto

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