Fast Money Stock Picks – July 20, 2009 – Energy and Mobile
Fast Money Stock Picks – July 20, 2009 – Energy and Mobile
Terranova:
HES – Hess – Buy
PBR – Petrobras – Buy
SU – Suncor – Buy
RIMM – Research In Motion – Buy
AMZN – Amazon – Buy – Final Trade
Seymour:
FCX – Freeport McMoRan – Buy
NOK – Nokia – Buy – Final Trade
Najarian:
TEVA – Teva – Buy
AAPL – Apple – Buy on a pullback
DOW – Dow Chemical – Buy – Final Trade
Steve Grasso:
XLK – Tech – Watch
XLV – Pharma – Watch
OXY – Occidental Petroleum – Buy – Final Trade
Youssef Squali, Jeffries analyst:
YHOO – Yahoo – Buy
Pops (stocks that jumped higher):
DOW – Dow Chemical (5%) – Goldman Sachs upgraded it from ‘neutral’ to ‘conviction buy’ citing its ability to cost cut
CBS – CBS (10%) – Terranova: I think it could bode well for Scripps
LVS – Las Vegas Sands (15%) – Steve Grasso: I’d hold back on casino names
Russian Ruble – Seymour: I’d play the ruble with MBT and VIP
HGSI – Human Genome Sciences (269%) – Said its drug Benlysta proved successful in late-stage studies; and Citi analysts said it may be a takeover target of GlaxoSmithKline
GS – Goldman Sachs (2%) – Moved higher as other banks slid
HOG – Harley-Davidson (6%) – Goldman Sachs upgraded it from ’sell’ to ‘neutral’ and increased its price target from $11 to $20
Drops (stocks that slid lower):
HAR – Harman International (18%) – Management denied receiving a buyout offer, becoming the latest US company to be targeted by questionable bids purportedly from the Middle East
TSN – Tyson (9%) – Downgraded on value and pricing concerns
