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