Fast Money Stock Picks – July 2, 2008 – Agriculture, Energy, and Tech

Finerman:
BHP – BHP – Sell
RTP – Rio Tinto – Sell
PM – Philip Morris International – Buy – “Final Trade”

Seymour:
POT – Potash – Sell
SYT – Syngenta – Sell
MOS – Mosaic – Sell
AGU – Agrium – Sell
ICA – Empresas ICA – Buy
SU – Suncor – Buy
TTM – Tata Motors – Buy – “Final Trade”

Adami:
CAT – Caterpillar – Buy
DELL – Dell – You can play it for a pop, but I can’t get bullish until it breaks $24
XOM – Exxon – Buy
ESLR – Evergreen Solar – Buy on troughs and sell on rips
MCD – McDonald’s – Buy
CELG – Celgene – Buy – “Final Trade”

Najarian:
SNDK – SanDisk – Buy
EZA – The South Africa ETF – Buy
ZRAN – Zoran Corp – Buy – “Final Trade”

Gene Munster, Piper Jaffrey analyst:
YHOO – Yahoo – Buy

Dennis Gartman:
*Sell the dollar, Buy gold, and Buy commodities

Pops (stocks that jumped higher):
CHK – Chesapeake Energy (3%) – Najarian: I like this stock
AZN – AstraZeneca (2%) – Seymour: I think the stock looks interesting
FDO – Family Dollar Stores (8%) – Adami: I think it might go higher
MHGC  – Morgans Hotel Group (14%) – Finerman: The stock didn’t pop until after lunch and I don’t know why that was
APOL – Apollo Group (18%) – The University of Phoenix owner beat Q3 Street expectations

Drops (stocks that slid lower):
CC – Circuit City (9%) – Adami: I think they need to do something quickly
WU – Western Union (4%) – An Arizona appellate court ruled against it concerning the state’s right to seize certain money transfers
BG – Bunge Ltd (4%) – Najarian: I like that they’re getting into sweetners
VIP – Vimpel Communications (6%) – Seymour: I think it’s one of the best companies in emerging markets, and I would start looking at it here
CAR – Avis Budget Group (22%) – Said full year profit will decline because of rising gasoline costs and a decrease in commercial travel
KOL – Market Vectors Coal ETF (10%) – Sector took a hit