Fast Money Stock Picks – February 23, 2009 – Gold and Energy

Seymour:
PZE – Petrobras Energia Participaciones – Buy – Rising Star Stock

Seymour:
RIO – Vale – Buy with a stop around $11.25 – Final trade

Adami:
AMGN – Amgen – Buy – Final Trade

Finerman:
DNA – Genentech – Look at call spreads – Final Trade

Najarian:
MYL – Mylan – Buy – Final Trade

Dennis Gartman:
FDO – Family Dollar – Buy
SPG – Simon Properties – Buy
GDX – GDX – Buy
GLD – GLD – Buy

Pops (stocks that jumped higher):
RMBS – Rambus (6%) – Najarian: I don’t like companies facing litigation
FITB – Fifth Third Bancorp (25%) – Finerman: I wouldn’t get excited
RBS – Royal Bank of Scotland (6%) – Seymour: I think there’s a piece worth saving
NCX – Nova Chemicals (284%) – A firm owned by Emerate of Abu Dhabi agreed to buy it in an all cash deal at 4 times the recent stock value
EXPE – Expedia (2%) – Bank of America upgraded it to ‘buy’, saying bookings could stabilize this year
MYL – Mylan (2%) – Barclays upgraded it from ‘equal weight’ to ‘overweight’

Drops (stocks that slid lower):
HUM – Humana (24%) – Adami: There seems to be a seasonality to this stock
RIO – Vale (12%) – Seymour: I think this is a good level to get in
NYX – NYSE Euronext (8%) – Finerman: Current valuations are attractive but i don’t own any
GT – Goodyear (12%) – Adami: They make tires, tires go on cars — not a good place to be
CPB – Campbell Soup (3%) – Earnings dropped 15% from last year due to a stronger dollar
ABX – Barrick Gold (4%) – Moved in the same direction as gold futures