Fast Money Stock Picks – July 17, 2009 – Financials and Mobile

Finerman:
BAC – Bank of America – It’s interesting
JPM – JP Morgan – Buy
MSFT – Microsoft – Buy
APC – Anadarko Petroleum – Buy – Final Trade

Terranova:
BAC – Bank of America – Buy
RIMM – Research In Motion – Buy
Coal – Buy – Final Trade

Najarian:
GS – Goldman Sachs – Buy
MS – Morgan Stanley – Buy
NVDA – NVDIA – Buy
AAPL – Apple – Buy on a pullback
NOK – Nokia – Buy on the pullback – Final Trade 1
SU – Suncor – Buy – Final Trade 2

Jared Levy:
AIG – AIG – Play with the Feb 23 puts – Final Trade

Patty Edwards, Storehouse:
WMT – Wal-Mart – Buy
PM – Philip Morris – Buy

Pops (stocks that jumped higher):
GS – Goldman Sachs (10%) – Terranova: They can do things nobody else can
JNJ – Johnson & Johnson (4%) – Beat expectations
FCX – Freeport McMoRan (19%) – Jared Levy: I like it but at these levels I’d be taking profits
MAT – Mattel (15%) – Posted a bigger than expected 82% jump in quarterly profits
SU – Suncor Energy (14%) – Moody’s said Canada’s oil sands developers will emerge from the recession better poised to profit and singled out Suncor as an example
INTC – Intel (17%) – Issued stellar earnings report and bullish guidance
PLCE – Children’s Place (14%) – Bank of America initiated coverage with a buy and a $32 price target

Drops (stocks that slid lower):
NOK – Nokia (6%) – Said second quarter sales fell almost 25% and they lowered their forecast for the second half of the year