Fast Money Stock Picks – February 18, 2009 – Metals
Fast Money Stock Picks – February 18, 2009 – Metals
Seymour:
XME – SPDR S&P Metals and Mining ETF – Buy
DBB – PowerShares DB Base Metals Fund ETF – Buy
DBP – PowerShares DB Precious Metals ETF – Buy
SWC – Stillwater Mining – Buy – Final Trade
Najarian:
CRXL – Crucell – Could be an acquisition target, Rising Star Stock
DNA – Genentech – Buy – Final Trade
Terranova:
RHHBY – Roche – Buy – Final Trade
Adami:
CELG – Celgene – Buy – Final Trade
Pops (stocks that jumped higher):
WMT – Wal-Mart (4%) – Terranova: $46.80 is the stop
MBI – MBIA (30%) – Terranova: I think they will need more TARP money
CELG – Celgene (2%) – Oppenheimer initiated coverage with an ‘outperform’ rating and a $73 price target
VOLC – Volcano (12%) – Beat expectations
NLC – Nalco (5%) – Warren Buffett added it to his portfolio, and it plans to expand its water treatment business globally
Drops (stocks that slid lower):
X – US Steel (7%) – Seymour: I’d be cautious
CMCSA – Comcast (4%) – Adami: I think it goes lower from here
JACK – Jack In The Box (9%) – Najarian: Not so good
CEG – Constellation Energy (8%) – 4Q earnings were worse than expected due to its failed sale of MidAmerican Energy
XAL – Airlines (6%) – New report showed that travel is rapidly declining for both leisure and business
CHK – Chesapeake (4%) – 4Q earnings were below analysts’ estimates
GERN – Geron Corp (11%) – Announced it was selling over 7 million new shares
