Fast Money Stock Picks

Fast Money Stock Picks – June 24, 2008 – Retail and Tech

Adami:
POT – Potash – Take some profits
CELG – Celgene – Buy
GM – GM – I wouldn’t buy for long term, but I would trade it
RIO – CVRD – Check them out, I think they’re going to buy someone
HD – Home Depot – Buy – “Final Trade”

Macke:
IPI – Intrepid Potash – Watch
KR – Kroger – Buy
WMT – Wal-Mart – Buy
COST – Costco – Buy
BJ – BJ’s – Buy on the dip
RIMM – Research In Motion – Buy

Najarian:
CSX – CSX – Buy
ORCL – Oracle – Buy
MCD – McDonald’s – Buy – “Final Trade”

Finerman:
PPH – Pharmaceuticals HOLDRS – Buy – “Final Trade”

Jim Suva, Citi Investment Research analyst:
RIMM – Research In Motion – Buy

Tim Long, senior research analyst for Banc of America:
AAPL – Apple – Buy
NOK – Nokia – Buy

Pops (stocks that jumped higher):
RTN – Raytheon Company (3%) – Adami: I think it’s cheap
PHM – Pulte Homes (5%) – Finerman: Move on
UST – UST Inc (4%) – Najarian: Keep an eye on it
CAKE – The Cheesecake Factory (6%) – Macke: Eventually there’s a bottom
NVS – Novartis (3%) – Najarian: There’s some great stuff in their pipeline, but they need to do acquisitions too
PZN – Pzena Investment Mgmt (13%) – Finerman: I think Rich Pzena is one of ‘the’ names in money management for the financials
SBUX – Starbucks (2%) – Macke: I think the trend is down until they come up with a better business model

Drops (stocks that slid lower):
UPS – UPS (6%) – Macke: I don’t think things will change for them anytime soon
CTB – Cooper Tire & Rubber (4%) – Adami: I think it has further room on the downside
SCOR – comScore (23%) – Finerman: Stay away
SSCC – Smurfit-Stone Container Corp (11%) – Adami: Not so good

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