Fast Money Stock Picks

Fast Money Stock Picks – June 18, 2008 – Energy, Financials, and Fast Food

Adami:
MS – Morgan Stanley – Buy with a stop at $37.50
FDX – FedEx – Could see a relief rally
XTO – XTO Energy – Buy
DE – Deere & Co – Buy
CHK – Chesapeake Energy – Buy – “Final Trade”

Pete Najarian:
BNI – Burlington Northern – Buy
CSX – CSX Corp – Buy
SNY – Sanofi Aventis – Buy
MYGN – Myriad – Buy
KOL – Market-Vector Coal ETF – Buy
NKE – Nike – Buy
WMT – Wal-Mart – Buy
XTO – XTO Energy – Buy – “Final Trade”

Macke:
C – Citigroup – Buy with a $19.50 stop
USO – United States Oil Fund – Buy with a stop at $100
NKE – Nike – Buy – “Final Trade”
MCD – McDonald’s – Buy
BKC – Burger King – Buy
DRI – Darden – Buy

Jon Najarian:
SLB – Schlumberger – Buy
BJS – BJ Services – Buy

Terranova:
XLF – Financial Select Sector ETF – Buy
IYT – iShares Dow Jones Transport ETF – Watch
WFC – Wells Fargo – Buy – “Final Trade”

Pops (stocks that jumped higher):
UNP – Union Pacific Corporation (5%) – Najarian: I like it
CNX – Consol Energy (7%) – Najarian: Coal just keep moving higher
GIS – General Mills (3%) – Macke: I think they are controlling their expenses better than anyone else in the space
PNRA – Panera Bread Company (6%) – Terranova: I don’t like this stock
LZB – La-Z-Boy (9%) – Najarian: If people are staying home this summer this stock could be going up
VPRT – VistaPrint Limited (5%) – Goldman added it to its Conviction Buy list, citing customer and operating profit growth

Drops (stocks that slid lower):
GM – General Motors (6%) – Adami: I don’t see this stock going higher any time soon
TSN – Tyson Foods (8%) – Macke: Maybe people are raising their own chickens at home
LNN – Lindsay Corporation (17%) – Third quarter earnings missed Wall Street estimates
MF – MF Global (41%) – Gloomy fiscal Q1 earnings outlook
RHIE – RHI Entertainment (4%) – Adami: Not so good
KMX – Carmax (11%) – Reported a 55% drop in first-quarter profit and stated it will temporarily suspend its forecast for the rest of the fiscal year

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