Fast Money Stock Picks – January 13, 2009 – Financials

Adami:
HON – Honeywell – Buy this company if you want to play the space
GS – Goldman Sachs – Could be a good point to get into this

Najarian:
HSBC – HBC – Watch it; there could be trouble ahead
CMCSA – Comcast – Could soon go higher

Finerman:
BAC – Bank of America – Watch; financials could be reaching their long-term lows

Terranova:
LQD – iShares iBoxx $ Invest Grade Corp Bond – Buy

Seymour:
BIDU – Baidu – Buy
FXI – iShares FTSE/Xinhua China 25 Index – Buy

Fast Money’s 100 Trades for First 100 Days (of Obama’s administration):
#1: ATHN – AthenaHealth – makes internet-based software to organize medical billing and diagnosis records, a process which Obama has pledged $50 billion to support

Pops (stocks that jumped higher):
IYR – iShares Dow Jones US Real Estate ETF (3%) – Finerman: Expect a bumpy ride
KEY – KeyCorp (6%) – Dick Bove of Ladenburg Thalmann said he didn’t foresee further failures in the US banking system
FIG – Fortress Investment Group (15%) – Adami: It’s a good pop for them
INFY – Infosys Technologies (6%) – Seymour: I own this stock
OIH – Oil Service HOLDRS ETF (2%) – Finerman: I sold my puts, I’m hoping to see a bounce now
ZGEN – Zymogenetics (25%) – Announced a partnership with Bristol-Myers Squibb to co-develop its hepetitis C drug PEG-interferon lambda

Drops (stocks that slid lower):
SNE – Sony (4%) – Seymour: I think it could slide to $22
LXK – Lexmark International (13%) – Najarian: It’s all bad things
BCS – Barclays (11%) – Seymour: Watch for margin compression
BA – Boeing (3%) – Finerman: Be careful here
ADBE – Adobe Systems (7%) – Najarian: It might be an opportunity at this level