Fast Money Stock Picks – January 21, 2009 – Tech and Financials

Najarian:
AAPL – Apple – Buy calls
GGB – Gerdau – Watch for recent options action – Final Trade

Macke:
TM – Toyota – Buy – Final Trade

Seymour:
BIDU – Baidu.com – Buy if Google shares pop on earnings – Final Trade

Finerman:
MA – Mastercard – Buy on a pullback – Final Trade

Pops (stocks that jumped higher):
TBT – ProShares UltraShort Lehman 20+ Treasury (6%) – Finerman: This ETF is up nicely
BLK – BlackRock (5%) – Rallied after dropping on 4Q results
MCD – McDonald’s (3%) – Goldman added it to its conviction buy list
USB – US Bancorp (5%) – Investors bid it higher even after 65% decline in 4Q income
PNC – PNC Financial (37%) – Said losses related to its acquisition of National City were less than previously estimated
CMCSA – Comcast (7%) – Made gains as Microsoft sold its entire stake in it
AXL – American Axle (13%) – Deutsch upgraded it from ‘sell’ to ‘hold’, saying it’s approaching bottom valuations and may recover in 2010

Drops (stocks that slid lower):
COH – Coach (7%) – 2Q income fell 14% on weak sales
CSH – Cash America International (17%) – Predicted a decline in 4Q income and cut their 2009 earnings outlook
AMR – American Airlines (23%) – Parent corp AMR and United Airlines’ parent corp UAL posted wider than expected 4Q losses on higher fuel costs
UTX – United Technologies (1%) – Profit taking sent shares lower around lunchtime, but went higher into the close after they reported 4Q earnings rose 8% over last year