Fast Money Stock Picks – January 16, 2008 – Agriculture and Defensive Plays
Fast Money Stock Picks – January 16, 2008 – Agriculture & Defensive Plays
Finerman:
TSO – Tesoro – Buy
MVRX – Morgan Stanley Retail Index – Buy
CROX – Crocs – Buy
LEH – Lehman – Sell – “Final Trade”
Adami:
X – US Steel – Buy for long term
DD – Dupont – Buy
JNJ – Johnson & Johnson – Buy as a defensive play – “Final Trade”
Macke:
MON – Monsanto – Sell
DRI – Darden Restaurants – Buy
PFE – Pfizer – Buy on a dip – “Final Trade”
Najarian:
ANDE – Anderson Inc – Buy
MOS – Mosaic – Buy
MON – Monsanto – Sell
TIBX – Tibco – Buy – “Final Trade”
Whitney Tilson (Founder & Managing Partner of T2 Partners):
*3 Defensive Picks
BRK – Berkshire Hathaway – “If you’re worried about Armageddon this could be the world’s strongest balance sheet run by the world’s greatest capital allocator.”
FFH – Fairfax Financial Holdings – “They should make a fortune if subprime goes in the tank.”
MCD – McDonald’s – “People will trade down to cheap food, and the company has good international growth.”
Pops (stocks that jumped up):
MAT – Mattel (8%) – Macke: stay away
BA – Boeing (3%) – Adami likes for valuation
WMT – Walmart (1%) – Finerman: has done well
JAVA – Sun Microsystems (4%) – Macke: hit the exit ramp
LLTC – Linear Technology Corp (4%) – Najarian: sell the pop
SBUX – Starbucks (2%) – Macke likes
Drops (stocks that slid lower):
ZQK – Quicksilver (5%) – Najarian: retail is having a hard time
CPKI – California Pizza Kitchen (18%)
SGMS – Scientific Games Corp (31%) – Adami: walk away
AAPL – Apple (6%) – Najarian: if you want to play Apple, put on a call spread
GOOG – Google (3%) – Adami: “Earnings are probably the next catalyst for this stock”
COP – Conoco Phillips (4%) – Finerman: take a look, could be worth buying
