Fast Money Stock Picks – April 16, 2008 – Tech, Energy, Pharmaceuticals, and Colas

Adami:
MSFT – Microsoft – Buy – “Final Trade”
ETN – Easton Corp – Buy
ITW – Illinois Tool Works – Buy
GLW – Corning – Buy
IBM – IBM – Buy
HPQ – Hewlett Packard – Buy

Seymour:
IBM – IBM – Buy
XOM – Exxon – Buy
PBR – Petrobras – Short for the next 4 or 5 sessions – “Final Trade”

Najarian:
IBM – IBM – Take profits
XLF – Financials ETF – Buy at $24 and sell at $27
C – Citigroup – Long term, yes; short term, no
GOOG – Google – Expect big moves in either direction
PFE – Pfizer – Buy
ISIS – Isis Pharmaceuticals – Buy
AMLN – Amylin – Buy
HK – Petrohawk Energy – Buy – “Final Trade”

Carter Worth:
IBM – IBM – Buy
HPQ – Hewlett Packard – Short
KO – Coca-cola – Buy
PEP – Pepsi – Short
GOOG – Google – Don’t buy; too inconsistent
GLW – Corning – Buy
XOM – Exxon – Buy
APA – Apache – Sell
PG – P&G – Buy
CLX – Clorox – Short
ICO – International Coal Group – Buy – “Final Trade”

Adam Johnson, managing director of MLH Capital Managing:
GOOG – Google – Buy; yes it’s $450, but according to its forward P/E growth rate, it’s a “screaming buy”

Pops (stocks that jumped higher):
JCI – Johnson Controls (6%) – Adami: If you want to play auto look at BWA in this space
AMR – AMR Corp (4%) – Najarian: It doesn’t make up for the drop on Tuesday
CSX – CSX Corp (4%) – Adami: I think the rails have pricing power
BBD – Banco Brasdesco (5%) – UBS upgraded Brazilian stocks; Seymour: This is a $65 billion company
ELN – Elan (11%) – Najarian: I think ELN is going higher
NITE – Knight Capital (12%) – Adami: I think this company has one of the best CEOs that no one talks about
MOV – Movado (5%) – Carter Worth: Stay away
TIE – Titantium Metals (9%) – Seymour: I think it’s all about short covering going into options
SLM – Sallie Mae (7%) – Najarian: Morgan Stanley doesn’t like it, and neither do I
MBT – Mobile Telesystems (10%) – Seymour: I think it’s been overly beat up
SWY – Safeway (5%) – Carter Worth: Stay away
TLB – The Talbots (29%) – Carter Worth: Not good