Fast Money Stock Picks

Fast Money Stock Picks – June 17, 2008 – Financials, Pharmaceuticals, and Beer

Adami:
MS – Morgan Stanley – Buy
WFR – Memc Electronics – Buy with a stop out at $63 – “Final Trade”
FDX – FedEx – Buy around $82
MSFT – Microsoft – Buy

Najarian:
MS – Morgan Stanley – Buy if it dips below $39
KEY – KeyCorp – Sell
V – Visa – Buy
MA – Mastercard – Buy
HAL – Halliburton – Buy
SLB – Schlumberger – Buy
FDX – FedEx – Don’t buy, it’s too early
MYGN – Myriad Genetic – Watch
TEVA – Teva Pharmaceutical – Buy
AGN – Allergan – Buy
ENER – Energy Conversion Devices – Buy at $70 – “Final Trade”

Macke:
USO – United States Oil Fund – Buy
WMT – Wal-Mart – Buy
FDX – FedEx – Don’t buy, it’s too early
STZ – Constellation Brands – Sell
SAM – Boston Beer Company – Buy
TAP – Molson Coors – Buy
BUD – Anheuser-Bush – Buy
KMX – Carmax – Sell
ATVI – Activision – Buy – “Final Trade”

Joe Terranova:
GS – Goldman Sachs – Buy below $160
BBY – Best Buy – Short if you like Wal-Mart
NMX – Nymex – Buy
NYX – NYSE – Buy
AMZN – Amazon.com – Buy
BNI – Burlington Northern – Buy – “Final Trade”

James Mitchell, analyst at Goldman Sachs:
AMZN – Amazon.com – Buy

Scott Hamann, KeyBanc analyst:
ELY – Callaway Gold – Buy

Pops (stocks that jumped higher):
AAPL – Apple (3%) – Piper Jaffray said they expect strong iPod sales in June
MON – Monsanto (5%) – Terranova: I think it could go to $150
ALU – Alcatel-Lucent (4%) – Macke: Looks like a selling opportunity to me
MENT – Mentor Graphics Corp (21%) – Cadence Design offered to buy it for $1.4 billion
DRYS – DryShips (7%) – Terranova: Don’t read too much into it
CSIQ – Canadian Solar (10%) – Raised its 2008 revenue and output outlook

Drops (stocks that slid lower):
AXP – American Express (4%) – Adami: There’s an insider selling. If this cat is selling I ain’t buying
WM – Washington Mutual (8%) – Adami: Wait for more capitulation; you don’t see it today
CNK – Cinemark Holdings (9%) – Macke: Tough business to be in
CTXS – Citrix Systems (5%) – Adami: Stay away

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