Fast Money Stock Picks – February 13, 2009 – Tech

Seymour:
MBT – Mobile TeleSystems – Buy – Final Trade

FL – Foot Locker – Buy a little – Final Trade

Terranova:
TM – Toyota – Watch – Final Trade

Karabell:
*Take a look at these stocks:
GOOG – Google
AMD – AMD
IBM – IBM
VMW – VMWare
JCI – Johnson Controls
MMM – 3M

Gartman:
FSLR – First Solar – Buy
Copper – Buy

Pops (stocks that jumped higher):
ANF – Abercrombie & Fitch (6%) – Finerman: I wouldn’t be a buyer
VIP – Vimpel-Comm (13%) – Associate Telenor reported stronger than expected earnings for the fourth quarter
CSTR – Coinstar (19%) – 4Q revenue beat estimates and they increased their 2009 revenue guidance
BWLD – Buffalo Wild Wings (32%) – Benefited from the trading down trade

Drops (stocks that slid lower):
WFC – Wells Fargo (18%) – Finerman: Not a good week to be a bank
USO – US Oil Fund ETF (9%) – Terranova: I still have no desire to buy the USO, it’s tethered to the front price in oil
RIMM – Research In Motion (18%) – Macke: I’d avoid this stock
RTP – Rio Tinto (6%) – Seymour: They look like they need more money than people thought
SIRI – Sirius-XM (19%) – May be forced into bankruptcy
BBT – BB&T Corp (20%) – The WSJ reported that their loan-loss reserves have dropped significantly and it has billions of loans to residential housing developers that could turn toxic
JPM – JP Morgan (7%) – Couldn’t overcome negative sentiment that surfaced after the Treasury’s latest plan lacked details