Fast Money Stock Picks - July 30, 2008 - Oil and Real Estate
Fast Money Stock Picks - July 30, 2008 - Oil and Real Estate
Adami:
HAL - Halliburton - Buy
SLB - Schlumberger - Buy
USB - USB - Buy
HSC - Harsco - Buy - “Final Trade”
TGT - Target - Buy
CHL - China Mobile - Buy
Finerman:
RIG - Transocean - Buy - “Final Trade”
BBT - BB&T - Short
SPG - Simon Property Group - Short
KIM - Kimco Realty - Short
IYR - iShares Dow Jones US Real Estate - Short
SRS - UltraShort Real Estate ProShares - Buy
TGT - Target - Buy
Najarian:
SU - Suncor - Take some off the table
MT - ArcelorMittal - Watch
EMC - EMC Corp - Buy - “Final Trade”
Macke:
DIS - Disney - Sell
BGP - Borders - Buy
XLF - Financial Select Sector SPDR - Sell - “Final Trade”
Pops (stocks that jumped higher):
CMCSA - Comcast (5%) - Adami: I think valuations are too rich
HES - Hess (14%) - Finerman: It was a good day to be an oil stock
OC - Owens Corning (9%) - Najarian: Their ‘08 outlook was impressive
CMI - Cummins Inc (7%) - Adami: Made a 52-week high, I’d wait for a pullback
RAI - Reynolds American (7%) - Finerman: On a valuation basis I think it’s cheap
AVP - Avon Products (17%) - Adami: I think it goes lower before it goes higher
JNY - Jones Apparel Group Inc (12%) - Macke: High results met low expectations
IPG - Interpublic Group of Companies (7%) - Said it has attracted more clients and expanded its businesswith existing clients
VC - Visteon Corporation (19%) - Posted a 2nd quarter loss that wasn’t as bad as expected
Drops (stocks that slid lower):
HBI - Hanesbrands (18%) - Missed estimates for 2nd quarter earnings due to weak consumer spending
GRMN - Garmin (22%) - Macke: The stock will probably go lower still
DWA - Dreamworks (9%) - Said earnings dropped 55% from a year ago
