Fast Money Stock Picks - April 29, 2008 - Oil, Coal, and Natural Gas
Fast Money Stock Picks – April 29, 2008 – Oil, Coal, and Natural Gas
Adami:
BHI – Baker Hughes – Buy
DNA – Genentech – Has pulled back to attractive levels
GLW – Corning – Take profit
WFC – Wells Fargo – Buy
JNJ – Johnson & Johnson – Buy
APA – Apache – Buy
XTO – XTO Energy – Buy
DOG – Short Dow30 ProShares – Buy
Najarian:
MRK – Merck – Getting extremely cheap
AAPL – Apple – Buy
RIMM – Research In Motion – Buy
AXP – American Express – Buy
CHK – Chesapeake – Buy with a stop at $46
BIIB – Biogen – Buy on the dip
Macke:
MRK – Merck – Give it up
GLW – Corning – Buy
WMT – Wal-Mart – Buy
BRK – Berkshire Hathaway – Buy
C – Citigroup – Sell
Finerman:
BRK – Berkshire Hathaway – Buy
MO – Altria – Buy on the dip
Dennis Gartman:
DE – Deere – Short
Pops (stocks that jumped higher):
AMR – AMR Corp (10%) – Najarian: I think it’s a pop for the day only
DAL – Delta Airlines (10%) – Najarian: “ “ “
ODP – Office Depot (9%) – Macke: Walk away
RCII – Rent-A-Center (12%) – Macke: I don’t think it’s that exciting
WPI – Watson Pharmaceuticals (7%) – FDA permitted its Florida plant to resume production on certain drugs
FLS – Flowserve (8%) – Pumped up its forecast
Drops (stocks that slid lower):
MAS – Masco (5%) – Adami: Not so good
ENR – Energizer Holdings (12%) – Macke: I think they will continue to see margin pressure
MO – Altria (5%) – Finerman: It’s not priced for growth, it’s priced for cash-flow, and I’m staying long
GIL – Gildan Activewear (31%) – Adami: Awful
UA – Under Armour (11%) – Najarian: They’re doing everything wrong in their attack on Nike
SPG – Simon Property Group (2%) – Finerman: I’m short
X – U.S. Steel (1%) – Profits were off 14%
