Fast Money Stock Picks – June 16, 2009 – Airlines and Tech

Terranova:
MSFT – Microsoft – Buy
*Make a list of stocks worth buying on a pullback – Final Trade

Seymour:
MSFT – Microsoft – Sell
EEM – iShares MSCI Emerging Markets Index – Put it against long positions you like – Final Trade

Najarian:
YHOO – Yahoo – Buy
AMGN – Amgen – Buy – Final Trade

Brian Kelly, Kanundrum Research:
PCL – Plum Creek Timber – Buy – Final Trade

Rich Greenfield, Pali analyst:
DTV – DirecTV – Buy, could be bought out

Hunter Keay, Stifel Nicolaus airline analyst:
AMR – American – Hold
UAUA – United – Hold
LUV – Southwest – Hold
CAL – Continental – Buy
DAL – Delta – Buy

Pops (stocks that jumped higher):
AET – Aetna (5%) – Investors bid it higher despite concerns about sweeping healthcare changes on the horizon
NUE – Nucor (2%) – Terranova: They’ve cut production and inventories are being worked down
HIG – Hartford Financial (4%) – S&P raised its rating outlook from ‘negative’ to ‘stable’
SINA – Sina (4%) – Goldman added it to its Conviction Buy list, citing prospects for growth in 2010

Drops (stocks that slid lower):
M – Macy’s (6%) – Brian Kelly: I don’t think people have the money to go shopping
RTP – Rio Tinto (5%) – Seymour: They’re cutting deals to sell assets
GENZ – Genzyme (5%) – Halted production of two top-selling drugs after discovering contamination at a plant in Boston
F – Ford (4%) – Chairman Bill Ford said there were “some early signs” that U.S. auto industry sales were stabilizing, though at very low levels