Fast Money Stock Picks – April 18, 2008 – Financials and Tech
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: Its a nice relief rally, so get out
XHB Homebuilder ETF (4%) Adami: Id 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: Theyre playing the weak consumer
Drops (stocks that slid lower):
FRX Forest Labs (10%) Najarian: Theyre putting more money into R&D which isnt 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: Theyre 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




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