Fast Money Stock Picks – April 24, 2008 – Microsoft, Credit Cards, and Budget Shopping

Adami:
MSFT – Microsoft – Buy below $30 – “Final Trade”
AAPL – Apple – Setting up to run toward $200
X – US Steel – Buy
FCX – Freeport-McMoRan – Buy
V – Visa – Buy
MA – MasterCard – Buy

Macke:
MSFT – Microsoft – Buy below $30 – “Final Trade”
AAPL – Apple – Buy
HPQ – Hewlett Packard – Buy
WMT – Wal-Mart – Buy on any dip
COST – Costco – Buy on any dip

Pete Najarian:
AAPL – Apple – Still cheap
V – Visa – Buy
*Green plays:
MON – Monsanto – Buy, for genetically engineered seeds
EMN – Eastman Chemical – Buy, gasification (a way to turn coal into a liquid that burns more cleanly)
SSL – Sasol – Buy, gasification – “Final Trade”
BNI – Burlington Northern – Buy, they transport the commodities

Jon Najarian:
V – Visa – Buy

Seymour:
F – Ford – Buy
CHL – China Mobile – Buy
BIDU – Baidu.com – Buy
PTR – PetroChina – Sell

Finerman:
MSFT – Microsoft – Buy below $30 – “Final Trade”

Pops (stocks that jumped higher):
BMY – Bristol Myers Squibb (4%) – Pete: I like their pipeline
GR – Goodrich (10%) – Adami: I like it
EDS – Electronic Data Systems (8%) – Pete: It’s not trading anywhere near where it came from
WAB – Wabtec (6%) – First quarter results beat estimates; also raised full-year estimates
JCP – J.C. Penney (4%) – No clear reason
TASR – Taser (20%) – Sales and profits missed Wall Street estimates
SKX – Sketchers (20%) – International demand

Drops (stocks that slid lower):
MMM – 3M (2%) – Adami: I think it will become a “buy” but not yet
WHR – Whirlpool (10%) – Finerman: I was surprised
NWL – Newell Rubbermaid (11%) – Macke: They can’t get out of their own way; Stay away!
CMG – Chipotle Mexican Grill (9%) – Finerman: I wouldn’t own it here
RCL – Royal Caribbean (4%) – Fuel costs led it to cut its full-year profit estimate
ZMH – Zimmer Holdings (4%) – Reported disappointing sales growth, and noted that a December product recall was more extensive than originally announced