Fast Money Stock Picks – August 26, 2008 – Energy and Financials

Adami:
LMT – Lockheed Martin – Buy
RTN – Raytheon – Buy
COL – Rockwell Collins – Buy
NEM – Newmont Mining – Avoid
Gold – Sell
APA – Apache – Buy
XTO – XTO Energy – Buy
SLB – Schlumberger – Buy
HAL – Halliburton – Buy
LLY – Eli Lilly – Buy if it sells off down to $45
AVP – Avon – Buy
XOM – Exxon Mobil – Buy – “Final Trade”
Defense Stocks – Buy if they get sold off ahead of the election

Terranova:
GOOG – Google – Sell

Jon Najarian:
GOOG – Google – Buy if it pulls back to $460
ACV – Alberto Culver – Buy
Bio-fuels – Sell if they rally
MTG – MGIC Investment Corp – Buy
AXL – Anderson Energy – Buy – “Final Trade”

Quint Tatro:
IHI – iShares Dow Jones US Medical Dev – Buy
IYH – iShares Dow Jones US Healthcare – Buy
IBB – iShares NASDAQ Biotechnology Index – Buy
XHB – SPDR and S&P Homebuilders ETF – Buy
AVP – Avon – Buy with a stop below $41
FXI – iShares FTSE/Xinhua China 25 Index – Buy – “Final Trade”

Anton Schutz, Mendon Captital Advisors president and CIO:
TFSL – TFS Financial – Buy
AGNC – American Capital Agency – Buy
HCBK – Hudson City Bancorp – Buy
PBCT – People’s United Financial – Buy
NLY – Annaly Capital Management – Buy
FII – Federated Investors – Buy
JNS – Janus Capital Group – Buy
JPM – JP Morgan – Buy
NLR – Market Vectors-Nuclear Energy ETF – Buy if it looks like McCain is going to win

Pops (stocks that jumped higher):
COH – Coach Inc (7%) – Adami: Looks interesting on a valuation basis
CHS – Chico’s (2%) – Jon N.: I’d stay away
EOG – EOG Resources (5%) – Received an upgrade from a Sanford Bernstein

Drops (stocks that slid lower):
DAL – Delta Air Lines (5%) – Jon N.: They tapped a big line of credit
BIG – Big Lots (7%) – Tatro: I’d stay away
CME – CME Group (5%) – Terranova: I’d avoid it until the end of the year
SFD – Smithfield Foods (7%) – Tatro: I think it’s worth a look
SAFM – Sanderson Farms (11%) – CEO said the company will need “divine intervention” to make a profit in the current quarter
SOLF – Solarfun (5%) – Adami: There is a good chance they crush numbers
MRVL – Marvell Technology (7%) – Received a downgrade from “buy” to “hold” from Jeffries
COCO – Corinthian Colleges (19%) – Reported a loss and said it’s facing a challenging environment for students to get loans