Fast Money Stock Picks – December 7, 2009 – Tech

Seymour:
GLD – SPDR Gold Shares – Buy for long term
CHL – China Mobile – Buy – Final Trade
TSM – Taiwan Semi – Buy

Terranova:
Gold – $1135.80 could be a bottom
TER – Teradyne – Buy
BRCM – Broadcom – Buy
XOM – Exxon Mobil – Buy – Final Trade

Najarian:
POT – Potash – Buy around $124
RIMM – Research In Motion – Buy
MRVL – Marvel – Buy
TXN – Texas Instruments – Buy – Final Trade

Adami:
MON – Monsanto – Buy
TXN – Texas Instruments – Buy
VZ – Verizon – Buy as a dividend trade – Final Trade

Craig Berger, FBR analyst:
TXN – Texas Instruments – Buy ($31 price target)
FCS – Fairchild Semi – Buy
MRVL – Marvel – Buy
NSM – National Semi – Put on your radar
MXIM – Maxim – Put on your radar

Pops (stocks that jumped higher):
MDR – McDermott – (11%) Announced it will spin off its nuclear equipment unit in order to make it eligible for government contracts
CMCSA – Comcast – (7%) Barron’s said it looks like a bargain
UNG – US Natural Gas Fund – (6%) Terranova: I’d look at Chesapeake or Apache instead
AKAM – Akamai Technologies – (2%) Increased its 4Q revenue and earnings outlook, topping analysts’ estimates
AMD – Advanced Micro Devices – (8%) Rival Intel scrapped plans to develop a new graphics chip

Drops (stocks that slid lower):
GFI – Gold Fields – (3%) Seymour: I’m a buyer around $13
AMTD – TD Ameritrade – (3%) Adami: I like this stock at $17.50
AMZN – Amazon – (2%) Investors took profits after it touched record highs