Fast Money Stock Picks - April 23, 2008 - Microsoft, Casual Dining, and Beer
Fast Money Stock Picks – April 23, 2008 – Microsoft, Casual Dining, and Beer
Adami:
AAPL – Apple – Buy if you can get it at $155
SBUX – Starbucks – Buy with a firm stop at $16.75
ABK – Ambac – Might see a relief rally
BA – Boeing – Looks cheap on a valuation basis
BUD – Anheuser-Busch – Looks fairly priced
FCX – Freeport-McMoRan – Buy on the next dip
MSFT – Microsoft – Buy into earnings – “Final Trade”
Najarian:
AAPL – Apple – Buy
AMZN – Amazon – Sell
BEAV – BE Aerospace – Buy
MSFT – Microsoft – Buy into earnings, Sell if it makes a spike – “Final Trade”
*Green trades:
WMT – Wal-Mart – Buy, getting China to become more conscious of their carbon footprint
JCP – JC Penney – Buy, Simply Green label
IFSIA – Interface – Buy, makes recycled carpet
APOG – Apogee – Buy, makes energy efficient glass
Macke:
SBUX – Starbucks – Sell
TAP – Molson Coors – Buy if you want to get long the beers
DRI – Darden – Buy
CPKI – California Pizza Kitchen – Buy
EAT – Brinker – Buy
MSFT – Microsoft – Buy into earnings – “Final Trade”
Finerman:
PM – Philip Morris International – Buy
MSFT – Microsoft – Buy into earnings – “Final Trade”
Dennis Gartman:
OIH – Oil Services HLDRS – Buy, and short crude
*I wouldn’t be surprised to see gold go down another $40 from here
Zachary Karabell, President of River Twice Research:
*The following names are starting to experience strong demand in China:
YUM – Yum Brands (Parent of KFC)
AVP – Avon
PG – Proctor & Gamble (Especially their Oil of Olay line)
Pops (stocks that jumped higher):
SAF – SAFECO (46%) – Finerman: Wish I owned it
WLP – WellPoint (7%) – Macke: I don’t like this stock
RJF – Raymond James (20%) – Adami: It’s worth a look
BRCM – Broadcom (16%) – Najarian: Be careful in the chip space
MCO – Moody’s (3%) – Macke: I think it’s a sell
COH – Coach (6%) – Finerman: I’m not on board
TUP – Tupperware (12%) – Macke: You can’t fight it
Drops (stocks that slid lower):
GCI – Gannett (6%) – Finerman: This is a serious problem because there’s a monumental shift in the way news is being delivered
AMP – Ameriprise Financial (6%) – Adami: I liked this stock and I was dead wrong
XTO – XTO Energy (4%) – Najarian: I don’t think this story is over
ROK – Rockwell Automation (9%) – Adami: Don’t own this stock
MOS – Mosaic (5%) – Najarian: I’m all right with where the stock is right now




With BNI annoucing Monday, will it break 100 or is the stock forming a double/triple top
Thanks
JOey