Fast Money Stock Picks April 24, 2004
Fast Money Stock Picks April 24, 2007. A mixed day , Oil down 2%, Chip stocks on fire, Here’s the Fast Money take on this market.
Bolling
WFR, Memc Electronics, Buy
ALEX, Alexander & Baldwin, Buy
DRYS, Dryships, Buy
BYI, Bally Gaming, Buy
XOM, Exxon, SELL
BP, British Petro, SELL
CPO, Corn Prods, Buy
TM, Toyota Motor, Buy
AEP, American Electric Power, SELL
CME, Chicago Merc, Buy
ICE, Intercontinental Exch, Buy
NMX, New York Merc, Buy
BTU, Peabody Energy, Buy
ACI, Arch Coal, Buy
Strazzinni
SNDK, Sandisk, Buy
BRCM, Braodcom, Buy
AMD, Advanced Micro, SELL
QMAR, Quintana Maritime, Buy
DD, Dupont, Buy
SUNW, Sun Micro, Buy
TM, Toyota Motor, Buy
GS, Goldman Saks, Buy
MER, Merryll Lynch, Buy
Adami
AMD, Advanced Micro, SELL
SFL, Ship Finance, Buy
TM, Toyota, Buy
AAPL, Apple Computer, Buy
NMX , New York Merc, Buy
CME, Chicago Merc, Buy
Macke
AMD, Advanced Micro, Buy
HRZ, Horizon Lines, Buy
DAC, Danaos Corp, Buy
SSW, Seaspan Corp, Buy
IGT, Intl Gaming, Buy
GS, Goldman Saks, Buy
SUNW, Sun Micro, Buy
VG, Vonage, SELL
TGT, Target, SELL
COH, Coach, Buy on Dips
Bolling
XOM, Exxon, SELL
Tough thing to go against The Admiral on energy but i thought the reasoning for this one was a bit off. Bp came up short of production estimates so sell xom? Didn’t bp come up short because of their prudhoe bay problems among others and not simply off natural production decline? Yes, xom’s production has been declining as i recall but isn’t such baked into the outlook for the earnings report coming up? Have there been any bp-like problems that will cause xom to come up short vs estimates?
I kind of hope you’re right though since, although i’m long xom stock, i’ve got leaps sold many moons ago at 65 through 75 strikes out against my stock and i want to get the opportunity to economically roll higher as i’ve done since i bought the stock in the mid-30’s as a great hedge againt my heating bill and gasoline costs.