Fast Money Stock Picks – January 27, 2009 – Mobile and Tech

Najarian:
PALM – Palm – Buy
NOK – Nokia – Buy
JNPR – Juniper – Buy
CSCO – Cisco – Buy
YHOO – Yahoo – Take some off – Final Trade

Terranova:
RIMM – Research In Motion – Buy
HES – Hess – Buy if they dip on bad earnings
DRYS – DryShips – Buy – Final Trade

Seymour:
TKC – Turkcell – Buy
VIP – Vimpelcom – Buy
MBT – MBT – Buy
VOD – Vodafone – Buy
YHOO – Yahoo – Sell – Final Trade

Finerman:
TBT – ProShares UltraShort Lehman 20+ Yr ETF – Buy – Final Trade

Karabell:
CGW – The Claymore Global Water ETF – Buy

Pops (stocks that jumped higher):
TRV – The Travelers Companies (6%) – Terranova: I like it, but I’d pair it with a consumer finance short
BTU – Peabody Energy (12%) – Seymour: They look good for next quarter
TXN – Texas Instruments (4%) – Posted a smaller than expected drop in quarterly profit and analysts predicted the results could signal that it’s positioned for growth when demand picks back up
HSY – Hershey (6%) – Reported a 51% increase in revenue due to lower costs
STJ – St Jude Medical (11%) – Posted a higher-than-expected quarterly profit on solid demand for its devices to treat rhythm disorders and chronic pain
CRXL – Crucell (10%) – Hopes that a new buyer would emerge after Wyeth pulled out due to its merger with Pfizer
MHP – McGraw-Hill (4%) – Results topped forecasts
UNH – UnitedHealth (3%) – Obama lobbied for the immediate passage of the economic stimulus, which could benefit the healthcare sector

Drops (stocks that slid lower):
DAL – Delta Air Lines (20%) – Reported a quarterly loss due in part to bad fuel hedging
TBT – ProShares UltraShort Lehman 20+ Yr ETF (4%) – Finerman: I’m long but it’s very volatile
VLO – Valero (6%) – Terranova: I wouldn’t short it
AKS – AK Steel (8%) – Said it expects prices to be down about 10% in the fourth quarter, with shipments also lower