Fast Money Stock Picks

Fast Money Stock Picks – March 17, 2008 – Tech, Oil, and Banks

Macke:
GS – Goldman Sachs – Buy with a tight stop
GLD – streetTRACKS Gold – Buy on any dip
INTC – Intel – Buy
WMT – Wal-Mart – Buy
LEH – Lehman – Buy – “Final Trade”

Adami:
GS – Goldman Sachs – Buy if you’re ok with it taking a $3 billion write-down
USB – US Bancorp – Buy
APA – Apache – Buy
XTO – XTO Energy – Buy
CSX – CSX Corp. – Buy
MA – MasterCard – Buy
AAPL – Apple – Buy – “Final Trade”

Najarian:
IBM – IBM – Buy
AAPL – Apple – Buy
TSO – Tesoro – Buy – “Final Trade”
*Buy puts if you’re long stock

Joe Terranova:
LEH – Lehman – Buy
VLO – Valero – Buy – “Final Trade”

Dennis Gartman:
DBA – PowerShares DB Ag Fund – Sell
JPM – JP Morgan – Buy

Pops (stocks that jumped higher):
ELY – Callaway Golf (3%) – Adami: it could be attractive
CRME – Cardiome Pharma Corp. (31%) – Najarian: could be a takeover target
FCFS – First Cash Financial Services (13%) – Macke: take gains
BLOG – BladeLogic (16%) – Najarian: they got bought, end of story

Drops (stocks that slid lower):
NCC – National City Corp. (43%) – Terranova: looking at a potential deal with JP Morgan, but I don’t think NCC is the first thing on JP’s mind right now
PMI – PMI Group (10%) – Adami: I think it could go lower still
ETFC – E*Trade (9%) – Macke: it’s time to move along
JEF – Jeffries Group (8%) – Najarian: I think this stock is getting cheap
TSO – Tesoro (10%) – Terranova: I think refiners are about to turn higher
IRL – New Ireland Fund (3%) – Macke: I prefer American companies doing business over there
GOOG – Google (4%) – Adami: it could be interesting
FCX – Freeport McMoRan (7%) – Terranova: I like this stock

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