Fast Money Stock Picks – June 19, 2008 – Tech

Adami:
WDC – Western Digital – Buy
AAPL – Apple – Buy – “Final Trade”
MSFT – Microsoft – Buy
JNPR – Juniper – Buy
CSCO – Cisco – Buy
FRO – Frontline – Buy on a pullback
*I think crude is going $10-$15 lower

Macke:
USO – United States Oil Fund – Buy with a $99 stop
R – Ryder – Buy
WMT – Wal-Mart – Buy
HAS – Hasbro – Buy
JAH – Jarden – Buy – “Final Trade”

Najarian:
QCOM – Qualcomm – Buy
BRCM – Broadcom – Buy
AAPL – Apple – Buy
RIMM – Research In Motion – Buy
SD – SandRidge Energy – Buy
JNPR – Juniper Networks – Buy – “Final Trade”
F – Ford – Buy
FPL – FPL Group – Buy
ED – Consolidated Edison – Buy

Terranova:
AAPL – Apple – Buy
IBM – IBM – Buy
HPQ – Hewlett Packard – Buy
KOL – KOL – Buy
IYT – iShares Dow Jones Transport Avg – Buy
SJT – San Juan Basin Trust – Buy
AMZN – Amazon.com – Buy – “Final Trade”

Stacey Gilbert, Susquehanna Market Strategist:
KGC – Kinross Gold – Buy
ABX – Barrick Gold – Buy

Pops (stocks that jumped higher):
PTR – Petrochina (5%) – Terranova: Kudos to the traders who bought PTR
AIG – AIG (5%) – Adami: I wouldn’t buy it
CCL – Carnival Cruise (5%) – Macke: But who can afford to fly to their ports to board their ships
CWST – Casella Waste Systems (12%) – Guided higher and received an upgrade from JP Morgan
GRB – Gerber Scientific (7%) – Profits jumped 10% thanks to strong demand at their specialty sign-making business

Drops (stocks that slid lower):
ANR – Alpha Natural Resources (6%) – Najarian: I still like this name
SIRI – Sirius (12%) – Goldman Sachs cut its target on the soon-to-be-wed satellite radio companies (Sirius and XM)
XMSR – XM Satellite Radio (12%) – See above
UBS – UBS (4%) – Goldman Sachs said it will likely face more writedowns in the second quarter
SJM – J.M. Smucker (8%) – Adami: Take the “m” out of Smucker and that’s what you are if you bought this stock
MOT – Motorola (4%) – Najarian: Stay away
NOK – Nokia (4%) – Najarian: Stay away
PIR – Pier 1 Imports (20%) – Posted a worse-than-expected quarterly loss
SMG – Scotts Miracle-Gro (9%) – Cut to “underperform” from “market perform” at BMO Capital Markets