Fast Money Stock Picks – July 10, 2009 – Energy and Finance
Fast Money Stock Picks – July 10, 2009 – Energy and Finance
Terranova:
FTO – Frontier – Buy
TER – Teradyne – Buy
MS – Morgan Stanley – Buy
QCOM – Qualcomm – Buy
Seymour:
XOM – Exxon – Buy
MSFT – Microsoft – Put it on your radar
POT – Potash – Buy – Final Trade
Adami:
DELL – Dell – Buy – Final Trade
GS – Goldman Sachs – Buy at $130
Finerman:
IBM – IBM – Buy
JPM – JP Morgan – It’s a bellwether
FLS – Flowserve – Buy – Final Trade
Christopher Zook, CAZ Investments:
*Buy these commodities:
Gold
Copper
OIH – Oil Service HOLDRs ETF
XLE – Energy
Pops (stocks that jumped higher):
AMGN – Amgen (12%) – Finerman: There may be more upside to come, but I’m not sure
AXP – American Express (4%) – Stifel Nicolaus upgraded it; said it should be among the least affected by sweeping new credit card legislation
Drops (stocks that slid lower):
NYX – NYSE Euronext (6%) – Finerman: Exchange stocks are usually down when the market is down
AIG – AIG (35%) – Citi said it has 0 equity, following a 1-for-20 reverse stock split last week
MSFT – Microsoft (4%) – Terranova: I got back into it on Friday
SKS – Saks (16%) – Adami: I like it around $3.50
FSLR – First Solar (7%) – Decline in crude sent gas prices lower, so interest in alternative energy waned
CVX – Chevron (5%) – Said earnings from refining fuel will be far lower versus the first quarter largely due to significantly lower refining margins
