Fast Money Stock Picks – August 25, 2009 – Oil, Rail, and Hurricanes
Fast Money Stock Picks – August 25, 2009 – Oil, Rail, and Hurricanes
Adami:
JCG – J Crew – Short
BNI – Burlington Northern – Short
OIH – Oil Services HOLDRs – Short with a tight stop – Final Trade
GILD – Gilead – Buy
Najarian:
NSC – Norfolk Southern – Buy
FLR – Fluor – Buy
FWLT – Foster-Wheeler – Buy
SHAW – Shaw Group – Buy
KLAC – KLA-Tencor – Buy – Final Trade
Terranova:
CCL – Carnival Cruise Lines – Buy puts
*Hurricane season trades:
SUN – Sunoco – Buy
HOC – HolyCorp – Buy
IPSU – Imperial Sugar – Buy if we get a hurricane that goes east of Louisiana – Final Trade
Steve Cortes:
WYNN – Wynn – Short
LVS – Las Vegas Sands – Short
AMR – AMR Corp – Short
Pops (stocks that jumped higher):
BA – Boeing (2%) – Cortes: I don’t like this stock; it’s too tethered to defense spending
BKC – Burger King (7%) – Najarian: I prefer Yum or McDonald’s
CHS – Chico’s (8%) – Adami: I think it could go to $14
BIG – Big Lots (7%) – Cortes: I think discount retailers should do well in this environment
MA – MasterCard (2%) – Jefferies initiated coverage with a ‘buy’ and a $240 price target
COCO – Corinthian Colleges (6%) – Adami: I think it could go higher
Drops (stocks that slid lower):
MTW – Manitowoc (5%) – Standard and Poor’s replaced it from the S&P 500 with CareFusion
SPLS – Staples (2%) – Terranova: The chart looks like a double top
