Fast Money Stock Picks – June 23, 2008 – Tech, Financials, and Emerging Money
Fast Money Stock Picks – June 23, 2008 – Tech, Financials, and Emerging Money
Najarian:
SD – SandRidge – Buy
CHK – Chesapeake – Buy
BJS – BJ Services – Buy
LLL – L-3 Communications – Buy
RIMM – Research In Motion – Buy
EWW – iShares MSCI Mexico Index – Be careful, know what you’re buying
WM – Washington Mutual – Buy – “Final Trade”
CELG – Celgene – Watch
ONXX – Onyx – Watch
*Don’t bottom pick financials, they’re still going lower
Adami:
HAL – Halliburton – Buy
SLB – Schlumberger – Buy
DE – Deere – Buy
PIR – Pier 1 Imports – Buy – “Final Trade”
Macke:
CC – Circuit City – Buy – “Final Trade”
Finerman:
AOI – Alliance One – Buy – “Final Trade”
Seymour:
EWW – iShares MSCI Mexico Index – Buy
EWZ – iShares MSCI Brazil Index – Buy
CYB – Wisdomtree Trust – Buy
Pops (stocks that jumped higher):
CME – CME Group (2%) – Najarian: I like it
HAL – Halliburton (6%) – Walked away from buying Expro
CCJ – Cameco Corp (5%) – Macke: The energy sector is hot right now
ESLR – Evergreen Solar (4%) – Najarian: I think solar is the real deal
Drops (stocks that slid lower):
F – Ford (9%) – Adami: I’m not happy
UAUA – UAL Corp (15%) – Najarian: When oil is up the airlines go down
BIG – Big Lots (3%) – Bloomberg reported the company has the highest percentage of insiders selling it short
BWLD – Buffalo Wild Wings (11%) – Raymond James downgraded the stock to ‘underperform’ because of the recent flooding across the Midwest
CC – Circuit City (21%) – Adami: I think you should stay away
RHD – R.H. Donnelley (6%) – Announced the expiration of exchange offers for its senior notes, and the company’s president retired
MOT – Motorola (6%) – Macke: We need to do an intervention and get Carl Icahn out of this stock
PIR – Pier 1 Imports (17%) – Adami: I see no reason to own this stock except maybe you’ll see a bounce Tuesday



