Fast Money Stock Picks – July 13, 2009 – A New Quarter
Fast Money Stock Picks – July 13, 2009 – A New Quarter
Seymour:
USU – USEC Inc – Buy – Rising Star Stock
PKX – Posco – Short – Final Trade
Adami:
ABT – Abbott Labs – Buy – Final Trade
Najarian:
EXM – Excel Maritime – Put it on your radar
V – Visa – Buy – Final Trade
PDE – Pride International – Buy – Final Trade
Youssef Squali, analyst:
GOOG – Google – Buy
Pops (stocks that jumped higher):
DFS – Discover Financial (5%) – Najarian: I like this stock and think there’s plenty of upside
UBS – UBS (6%) – Federal judge agreed to postpone its tax evasion case until early August or longer, giving it and the IRS time to negotiate
BAC – Bank of America (10%) – Analyst Meredith Whitney called it “bar none” the cheapest of bank stocks compared to its tangible value
CAT – Caterpillar (4%) – Published reports suggest the soft dollar could spark export interest in corn, wheat, etc.
BBY – Best Buy (4%) – Oppenheimer upgraded it from ‘perform’ to ‘outperform’, saying it’s trading at very low multiples
ROK – Rockwell Automation (4%) – JP Morgan upgraded it from ‘neutral’ to ‘overweight’ citing potential for longer term upside
Drops (stocks that slid lower):
DELL – Dell (2%) – Adami: I still like it, but it’s been a widow maker for me
ADY – American Dairy (45%) – Seymour: I don’t think the failure to meet expectations warrant the sharp move lower; I find it interesting
