Fast Money Stock Picks – March 14, 2008 – Banks

Finerman:
YHOO – Yahoo – Buy
COF – Capital One – Short

Adami:
YHOO – Yahoo – Buy the dip
CAT – Caterpillar – Buy
MasterCard – Buy

Pete Najarian:
GS – Goldman Sachs – Buy under $160
LEH – Lehman – Options action is similar to action in Bear Stearns a few days ago
NOK – Nokia – Buy, long term

Jon Najarian:
BSC – Bear Stearns – Buy if it survives the week
MER – Merrill Lynch – 85% correlated to Bear, and seeing unusual put activity

Joe Terranova:
DNA – Genentech – Buy around $74

Pops (stocks that jumped higher):
CHK – Chesapeake Energy (7%) – Pete Najarian: great production numbers
AAPL – Apple (4%) – Terranova: I like it with a $132.50 stop
R – Ryder System (7%) – Positive sector comments out of Wachovia
TLB – The Talbots (29%) – The company said it intends to secure an increase in its credit line

Drops (stocks that slid lower):
RCL – Royal Caribbean (3%) – Terranova: not so good
GM – General Motors (10%) – Adami: speechless
VLO – Valero (7%) – Terranova: tough time for refiners
FXI – China ETF (5%) – Adami: it could be getting interesting
RHD – RH Donnelly (8%) – Finerman: I wouldn’t be short or long this stock
TGT – Target (4%)