Fast Money Recaps28 Jul 2008 09:56 pm

Fast Money Stock Picks - July 28, 2008 - Coal, Oil, and Financials

Najarian:
T - AT&T - Buy
WLT - Walter Industries - Buy
BUCY - Bucyrus - Buy
SLW - Silver Wheaton - Buy, could move up in September
XLF - Financial Select Sector SPDR - Buy under $17.50 - “Final Trade”
SKF - ProShares UltraShort Financials - Buy

Adami:
GLW - Corning - Buy
ACI - Arch Coal - Buy
JNJ - Johnson & Johnson - Buy
AA - Alcoa - Could be a takeover target
XOM - Exxon - Buy
BDX - Becton, Dickston - Buy - “Final Trade”

Ratigan:
AA - Alcoa - Buy

Finerman:
RIG - Transocean - Buy - “Final Trade”
PDE - Pride International - Buy

Macke:
XLF - Finanical Select Sector SPDR - Buy - “Final Trade”
*Stay out of oil

Zachary Karabell, president of Rivertwice Research:
AAPL - Apple - Buy
GLW - Corning - Buy
DIS - Disney - Buy
GOOG - Google - Buy
XRT - SPDR S&P Retail - Short, while buying a good consumer name

Charlie Gasparino:
MER - Merrill Lynch - Sell

Pops (stocks that jumped higher):
X - U.S. Steel (3%) - Investors have a good feeling about Tuesday’s earnings report from Letter X
OVEN - Turbochef Tech (15%) - Starbucks announced it will continue selling hot breakfast sandwiches in its shops
BUCY - Bucyrus (3%) - Strong earnings report on Friday
ACV - Alberto-Culver (9%) - Q3 profits climbed more than analysts estimated
CHK - Chesapeake Energy (1%) - China National Petroleum Corp may bid on some of Chesapeake’s shale gas assets

Drops (stocks that slid lower):
NYX - NYSE Euronext (5%) - No clear reason
HAS - Hasbro (6%) - Needham downgraded the stock from ‘Hold’ to ‘Buy’ on inflation concerns
ZQK - Quicksilver (7%) - One of its board members is stepping down
AIG - AIG (12%) - Investors fear big losses may be coming onto the balance sheet
RYAAY - Ryanair (25%) - Warned it may post its first ever annual loss
VNDA - Vanda Pharma (73%) - FDA rejected its schizophrenia drug

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