Fast Money Stock Picks – April 17, 2009 – Tech
Fast Money Stock Picks – April 17, 2009 – Tech
Terranova:
INTC – Intel – Buy
BRCM – Broadcom – Buy
IBM – IBM – Buy
COP – ConocoPhillips – Buy – Final Trade
Seymour:
MSFT – Microsoft – Buy
PCU – Southern Copper – Sell – Final Trade
Karabell:
GOOG – Google – Buy
FIC – Fair Isaac – Buy – Final Trade
Najarian:
AAPL – Apple – Watch
MCD – McDonald’s – Buy – Final Trade
Pops (stocks that jumped higher):
RF – Regions Financial (67%) – Najarian: I’d be very careful of this stock from this point forward
X – US Steel (15%) – Investors bid it higher despite S&P’s decision to put it on a negative credit rating watch
PG – Proctor & Gamble (5%) – Karabell: If you’re looking for real juice go elsewhere
SPG – Simon Property Group (15%) – Rival General Growth announced plans to restructure under bankruptcy protection
VOD – Vodafone Group (7%) – Cost cutting measures provided analysts with hope for their earnings
AXP – American Express (16%) – Posted better than expected earnings and said ability of its cardholders to pay their bills could be stabilizing
Drops (stocks that slid lower):
MSFT – Microsoft (3%) – Terranova: I’d sit this one out until earnings are released
BKC – Burger King (22%) – Reported worse than expected 3Q sales
RTP – Rio Tinto (4%) – Said it sees signs of recovery in copper going forward
XOM – Exxon Mobil (3%) – Analysts expect this and other energy companies to post weak earnings due to low crude prices
