Fast Money Stock Picks - July 14, 2008 - Banks and Tech
Fast Money Stock Picks - July 14, 2008 - Banks and Tech
Macke:
POT - Potash - Buy
INTC - Intel - Sell - “Final Trade”
Finerman:
PG - Proctor & Gamble - Buy
CSCO - Cisco - Buy
PDE - Pride International - Buy - “Final Trade”
Seymour:
STD - Banco Santander - Buy
ABX - Barrick - Buy
AAUK - Anglo American - Buy
ICA - Empresas - Buy - “Final Trade”
Terranova:
DNA - Genentech - Buy
NKE - Nike - Buy - “Final Trade”
Bill Fleckenstein, of Fleckenstein Capital:
COF - Capital One - Short
Tim Luke, Lehman analyst:
INTC - Intel - Buy
Carter Worth:
FFIV - F5 Networks - Buy
SWKS - Skyworks - Buy
Pops (stocks that jumped higher):
M - Macy’s (4%) - Macke: You couldn’t make me buy it at gunpoint
ABV - AmBev (5%) - Seymour: I like it
HOV - Hovnanian Enterprises (3%) - Chairman & founder Kevork Hovnanian bought 22,000 shares on July 3rd
OC - Owens Corning (5%) - Terranova: I think this stock is under water
CSIQ - Canadian Solar (18%) - Seymour: I think the numbers were strong
ATI - Allegheny Technologies (10%) - Lifted its second quarter forecast, claiming it benefited from risk-management programs that reduced the impact of volatile raw material costs
COH - Coach (3%) - No clear reason
Drops (stocks that slid lower):
STD - Banco Santander (2%) - Seymour: I like this stock on the dip
HOT - Starwood Hotel & Resorts (7%) - Finerman: It’s down 40% for the year, so maybe Goldman is late to the party (in adding it to its conviction sell list)
SUN - Sunoco (4%) - Terranova: I think it’s at a point where you can step in
SONC - Sonic Corp (3%) - Macke: It’s a sell
