Fast Money Stock Picks – July 21, 2009 – Caterpillar and Friends
Fast Money Stock Picks – July 21, 2009 – Caterpillar and Friends
Najarian:
YHOO – Yahoo – The pullback may be an opportunity
BUCY – Bucyrus – Buy
JOYG – Joy Global – Buy – Final Trade
MS – Morgan Stanley – Average into it on pullbacks for long-term
Seymour:
CAT – Caterpillar – Stick with it
UNG – US Natural Gas – Buy – Final Trade
Finerman:
BGP – Borders – Short
BWA – Borg-Warner – Short – Final Trade
Steve Grasso:
CAT – Caterpillar – Take some profits
UNH – UnitedHealth – Buy – Final Trade
Chris Mutascio, Stifel Nicolaus:
WFC – Wells Fargo – Buy
BAC – Bank of America – Buy
Pops (stocks that jumped higher):
DE – Deere (2%) – Rival Caterpillar beat on earnings and increased its full year outlook
UNH – UnitedHealth (3%) – Reported 2 quarter earnings more than doubled, topping estimates
BA – Boeing (2%) – Investors bid it higher ahead of earnings
Drops (stocks that slid lower):
LMT – Lockheed Martin (8%) – Seymour: I’m a buyer on a dip
MCO – Moody’s (6%) – The Treasury Dept announced plans for tougher regulations surrounding ratings firms
LUV – Southwest Airlines (6%) – Steve Grasso: I don’t like airlines
KO – Coca-Cola (1%) – Missed on earnings largely due to a stronger dollar
BTU – Peabody Energy (5%) – 2 quarter earnings tumbled by 2/3, falling well short of Street expectations
