Fast Money Stock Picks – June 17, 2009 – Tech and Mobile

Adami:
*There could be a correction on the horizon; this may be your exit
MSFT – Microsoft – Buy
NFLX – Netflix – Buy – Final Trade

Terranova:
RIMM – Research In Motion – Buy around $73
UNG – UNG – Buy
STLD – Steel Dynamics – Buy – Final Trade

Jon Najarian:
RIMM – Research In Motion – Buy puts
CSCO – Cisco – Buy
SINA – Sina – Buy
SNDA – Shanda Interactive – Buy
NTRS – Northern Trust – Buy – Final Trade

Seymour:
NOK – Nokia – Buy
CHU – China Unicorn – Buy
CHL – China Mobile – Buy
AA – Alcoa – Buy – Final Trade

Rising Star Stock:
ENOC – EnerNOC – Buy

Pops (stocks that jumped higher):
WPI – Watson Pharmaceuticals (5%) – Jon Najarian: This company seems to be hitting on all cylinders
NFLX – Netflix (7%) – Adami: The price target is $48
ANF – Abercrombie & Fitch (5%) – Jon Najarian: I think it could get a couple more days of lift
TXN – Texas Instruments (3%) – Bank of America upgraded it from ‘sell’ to ‘buy’
SVNT – Savient Pharmaceuticals (36%) – The FDA recommended the company’s Krystexxa drug for treatment of gout

Drops (stocks that slid lower):
KEY – KeyCorp (8%) – Terranova: I actually like this name; they only have $2 billion in toxic assets on the balance sheet
RTP – Rio Tinto (6%) – Seymour: There’s a tug of war for resources