Fast Money Stock Picks – December 21, 2009 – Tech and Retail

Terranova:
AMZN – Amazon – Buy
CVS – CVS – Buy
OIH – Oil Services HOLDRs – Buy
HES – Hess – Buy
MDT – Medtronics – Buy
QCOM – Qualcomm – Buy
DELL – Dell – Buy
HPQ – Hewlett Packard – Buy
BKE – The Buckle – Buy – Final Trade

Seymour:
AMZN – Amazon – Buy
AA – Alcoa – Buy; resistance should be at $19
INTC – Intel – Buy; could go to $24
POT – Potash – Buy – Final Trade (range $108 to $124)

Adami:
HD – Home Depot – Buy
AA – Alcoa – Take some money off the table
ORCL – Oracle – Buy
STX – Seagate – Buy
NTAP – NetApp – Buy
NWSA – NewsCorp – Buy but get out at $14.50

Finerman:
TLT – iShares Barclays 20+ Year Treasury Bond – Short
.NCOMP – Nasdaq – Buy – Final Trade

Pops (stocks that jumped higher):
POT – Potash – (4%) Terranova: I like the story, but I’d rather be long Intrepid Potash
NWSA – NewsCorp – (3%) Adami: $14.50 looks like resistance
CHTT – Chattem – (33%) Sanofi agreed to buy it for $1.9 billion, at a 34% premium
CVS – CVS Caremark – (3%) Finerman: I like this stock here

Drops (stocks that slid lower):
ABX – Barrick Gold – (2%) Terranova: I like FCX better
DENN – Denny’s (6%) Adami: I don’t like seeing people jump ship; I would not be a buyer
ETFC – E*Trade Financial – (2%) Failed to find a permanent replacement for its CEO and instead named board member Robert Druskin as its interim chairman and chief
V – Visa – (2%) – Investor’s took profits after last week’s rally