Fast Money Stock Picks – December 4, 2009 – Tech

Najarian:
Gold – A great deal of put action suggests more downside, possibly to $1135.80
CLF – Cliffs – Buy
DD – DuPont – Could be an opportunity
HUN – Huntsman – Call activity was extremely strong
AAPL – Apple – Buy
TXN – Texas Instruments – Buy
INTC – Intel – Buy
AMAT – Applied Materials – Buy – Final Trade

Adami:
APA – Apache – I think it trades with an 80-handle before it trades 100
EMN – Eastman Chemical – Short – Final Trade
NTAP – NetApp – Buy

Terranova:
AMZN – Amazon – May have lost a little mojo, think about going to the sidelines
TER – Teradyne – Buy
BRCM – Broadcom – Buy
DELL – Dell – Buy
FTO – Frontier Oil – Buy – Final Trade

Finerman:
PLCE – Children’s Place – Buy – Final Trade

Thomas Shaw, Stifel Nicolaus analyst:
ELY – Callaway – Buy

Pops (stocks that jumped higher):
FSLR – First Solar – (8%) Collins Stewart upgraded the stock to buy from hold citing better supply/demand balance
INTC – Intel – (7%) Terranova: There were great comments from the Intel CEO
KRE – Regional Bank ETF – (3%) Adami: You have to be selective in the space; I like PNC
CMCSA – Comcast – (8%) Investors liked their deal with GE to take control of NBCU
MON – Monsanto – (5%) Terranova: I think it hits resistance at 87

Drops (stocks that slid lower):
M – Macy’s – (6%) Weaker than expected same store sales
UNH – UnitedHealth – (7%) Finerman: I would wait before getting into this stock
GME – GameStop – (16%) Adami: I think the shorts lean on this stock again next week