Fast Money Stock Picks December 26 2007 - Holiday Trading
Fast Money stock picks December 26, 2007 – Holiday trading
Shopping was disappointing but energy, steel, and copper are doing well.
Najarian:
MTW – Mantiwoc - Buy
DE – Deere & Co - Buy
JOYG – Joy Global - Buy
BTU – Peabody Energy - Buy
ACI – Arch Coal - Buy
T – AT&T - Buy
AMZN – Amazon - Buy
AAPL – Apple - Buy
ANR – Alpha Natural Resources - Buy – “Final Trade,” takeover target
Adami:
CBE – Cooper Industries - Buy
USB – US Bancorp - Buy
TSO – Tesoro - Buy
SKS – Saks - Buy
WDC – Western Digital - Buy – “Final Trade”
Finerman:
PLCE – Children’s Place - Buy – “Final Trade”
SPG – Simon Property Group - Sell
TCO – Taubman Centers - Sell
IYR – iShares Dow Jones US Real Estate ETF - Sell
Macke:
ATVI – Activision - Buy
TTWO – Take Two - Buy
RIMM – Research In Motion - Buy
COST – Costco – Buy - “Final Trade”
Pops – Stocks that have shot up
HES – Hess (2%)
X – U.S. Steel (4%). Adami: takeover target.
JOYG – Joy Global (4%). Adami: likeable but volatile.
SOLF – Solarfun (8%). Najarian: could drop in early ’08.
AGU – Agrium (4%)
Drops – Stocks that have slid
GPS – The Gap (2%). Macke: buy the dip.
N – NetSuite (7%). Najarian: could go higher in the long run.
RSH – Radio Shack (4%). Hit by Christmas sales.
Paris Hilton – Family money will be passed to charities, not her.
BIG – Big Lots (6%). Finerman: stay away.
FDO – Family Dollar (4%). Adami: will probably go lower.
MW – Men’s Warehouse (6%). Macke: walk away.
ODP – Office Depot (3%). Finerman: jumped 7% Christmas Eve, then dropped. Interesting.
Coat Tail Trades – Najarian explains: “Warren Buffett agreed to pay $4.5 billion to buy 60% of industrial conglomerate The Marmon Group. What did Buffett find attractive in Marmon and can you ride the billionaire’s coattails?… Marmon is made up of over 125 companies, but investors can’t buy into it, explains Najarian. However, two sectors of the business are particularly attractive to me (Transportation and Water), and investors can “coat-tail it.” (In other words, can simulate Buffett’s play)”
Transportation
RAIL – Freight Car America
GBX – The Greenbrier Companies
TRN – Trinity Industries
ARII – American Railcar Industries
Water
FLS – Flowserve
CWCO – Consolidated Water
PHO – Powershares Water Resources ETF
PIO – Powershares Global ETF Trust
