Fast Money Stock Picks – August 28, 2008 – Tech and Currency

Adami:
XTO – XTO Energy – Buy if it dips to $48
DELL – Dell – Buy
LMT – Lockheed Martin – Buy – “Final Trade”

Jon Najarian:
AFL – AFLAC – Buy – “Final Trade”
DELL – Dell – Buy
LNVGY – Lenovo – Buy if it gets dragged down on Dell’s numbers
HPQ – Hewlett-Packard – Buy if it gets dragged down on Dell’s numbers
NKE – Nike – Buy

Finerman:
FXB – British Pound – Short
GS – Goldman Sachs – Buy – “Final Trade”

Terranova:
Reformulated gasoline – Buy
EOG – EOG Resources – Buy
DKS – Dick’s – Buy
POT – Potash – Buy for long term
Australian Dollar – Buy for a trade
Canadian Dollar – Buy for a trade
AMZN – Amazon – Buy – “Final Trade”

Dennis Gartman:
FXE – Euro – Short
UUP – US Dollar – Buy

Pops (stocks that jumped higher):
AMLN – Amylin (6%) – Jon N.: At current levels I think it’s a steal
LVS – Las Vegas Sands (8%) – Terranova: I wouldn’t get involved
BA – Boeing (3%) – Adami: I would not buy it here, but if it gets down to $60 take a look
ZLC – Zale (20%) – Finerman: Could be short covering
WNR – Western Refining (5%) – Terranova: I’m not sure this is the refiner to buy
LAYN – Layne Christensen (13%) – Adami: I wouldn’t chase it
VIP – Vimpel-Communications (5%) – Jon N.: I say stay away
SEED – Origin Agritech Ltd (13%) – Terranova: I’d let the stock slide lower before getting in
JAS – Jo-Ann Stores (10%) – Adami: I think this stock still has room on the upside

Drops (stocks that slid lower):
WSM – Williams-Sonoma (8%) – Lowered its full-year outlook
DSW – DSW Inc (4%) – Finerman: I like it at current levels