Fast Money Recaps21 Apr 2008 08:09 am

Fast Money Stock Picks – April 18, 2008 – Financials and Tech

Adami:
CAT – Caterpillar – Take profits, then buy it back cheaper
HON – Honeywell – Buy for long term
MA – MasterCard – Buy
WAB – Wabtec – Stay long into earnings
WDC – Western Digital – Buy
AAPL – Apple – Buy into earnings
UPS – UPS – I like it for the second part of ‘08
CROX – Crocs – Buy with a stop at $10
WB – Wachovia – Buy – “Final Trade”

Najarian:
DD – DuPont – Buy
GOOG – Google – Wait for a dip
BNI – Burlington Northern – Buy with a stop at $78
EMC – EMC Corp – Buy ahead of earnings – “Final Trade”
AMLN – Amylin – Watch
BIIB – Biogen – Watch
NOK – Nokia – Buy around $30
MOS – Mosaic – Buy

Macke:
COST – Costco – Buy
MSFT – Microsoft – Buy – “Final Trade”

Finerman:
YHOO – Yahoo – Sell
MSFT – Microsoft – Buy – “Final Trade”

Dennis Gartman:
PBR – Petrobras – Buy
SJT – San Juan Basin – Buy

Pops (stocks that jumped higher):
VLO – Valero (10%) – Macke: Get out of this stock
BIDU – Baidu.com (20%) – Najarian: Stick with Google
LEH – Lehman Brothers (16%) – JPMorgan, Merrill, and Citigroup put up smaller than expected losses
FNM – Fannie Mae (9%) – Finerman: I like this trade
TSN – Tyson Foods (13%) – South Korea lifted a ban on imported meat from the U.S.
F – Ford (11%) – Adami: Things might be starting to turn up
TPX – Tempur-Pedic (8%) – Macke: It’s a nice relief rally, so get out
XHB – Homebuilder ETF (4%) – Adami: I’d rather see you own Home Depot
VCLK – Value Click (10%) – Finerman: I like this story and am long VLCK
DLTR – Dollar Tree Stores (7%) – Macke: They’re playing the weak consumer

Drops (stocks that slid lower):
FRX – Forest Labs (10%) – Najarian: They’re putting more money into R&D which isn’t good short term, but could be great long term
STT – State Street (13%) – Slumped on concerns over billions in potential subprime-related losses
WYNN – Wynn (5%) – Najarian: Wait a while on this stock
ISRG – Intuitive Surgical (13%) – Najarian: They’re having a little bit of a problem
BGG – Briggs & Stratton (17%) – Blew a gasket after warning a slow spring season would reduce its full year profit

One Response to “Fast Money Stock Picks - April 18, 2008 - Financials and Tech”

  1. on 22 Apr 2008 at 4:34 pm Ed Lang

    Have 250 shares of CME bought at various prices. Still have doubled my cost, but have lost again as much. Should I stay put and wait for it to hit $700 again or sell

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