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