Fast Money Stock Picks – July 22, 2009 – Tech
Fast Money Stock Picks – July 22, 2009 – Tech
Terranova:
AMZN – Amazon – Buy ahead of earnings
QCOM – Qualcomm – Buy on a dip
MCD – McDonald’s – Buy – Final Trade
Seymour:
AAPL – Apple – Buy
UNG – US Natural Gas – Buy – Final Trade
Finerman:
MCO – Moody’s – Short – Final Tarde
Steve Grasso:
AAPL – Apple – Buy
AMZN – Amazon – Buy – Final Trade
Danielle Park, Venable Park Investment Counsel:
QQQQ – PowerShares QQQ – Buy
SMH – Semiconductor HLDRs – Buy
SPY – SPDRs – Buy
XCB – iShares Canada – Buy
Brendan Barnicle, Pacific Crest Securities:
MSFT – Microsoft – Buy going into earnings
Deane Dray, FBR:
MMM – 3M – Buy
Patty Edwards, Storehouse:
NFLX – Netflix – Buy
Pops (stocks that jumped higher):
USB – US Bancorp (4%) – Terranova: I like this stock
SNP – China Petroleum (6%) – Seymour: It’s a very interesting stock
WYNN – Wynn Resorts (6%) – Terranova: It’s a classic short squeeze
KEY – Keycorp (6%) – Posted a narrower 2Q loss but still missed Street expectations as it continued to build up cash reserves and cover bad loans
Drops (stocks that slid lower):
WHR – Whirlpool (10%) – Beat expectations but warned of reduced demand in key markets
AMD – Avanced Micro Devices (13%) – Grasso: I’d stay away
CAT – Caterpillar (2%) – Seymour: I’m bullish
MHP – McGraw-Hill (2%) – Grasso: There are too many unknowns in this space for me
