Fast Money Stock Picks

Fast Money Stock Picks – March 24, 2008 – Financials, Refiners, and Taiwan

Macke:
ORCL – Oracle – Buy
AAPL – Apple – Buy
GOOG – Google – Sell
X – U.S. Steel – Buy
VLO – Valero – Buy – “Final Trade”

Jon Najarian:
EK – Eastman Kodak – Look into it while it’s cheap
VLO – Valero – Buy on dips
ACI – Arch Coal – Buy
JPM – JPMorgan Chase – Buy – “Final Trade”

Finerman:
FNM – Fannie Mae – Sell
PM-WI – Philip Morris International – Buy – “Final Trade”

Seymour:
VLO – Valero – Buy
COP – ConocoPhillips – Buy
TSO – Tesoro – Buy
MT – Arcelor Mittal – Buy
KOL – Market Vectors Coal ETF – Buy
BHP – BHP Billiton – Buy
RIO – Vale – Buy
EWT – iShares Taiwan ETF – Buy
TSM – Taiwan Semiconductor – Buy
CHT – Chunghwa Telecom – Buy
AUO – AU Optronics – Buy
SPIL – Siliconware Precision Industries – Buy
ASX – Advanced Semiconductor Engineering – Buy
UNG – U.S. Natural Gas Fund – Buy – “Final Trade”

Addison Armstrong, CNBC Contributor:
VLO – Valero – Buy
FTO – Frontier – Buy

Carter Worth, Chart Expert:
ACI – Arch Coal – Buy

Pops (stocks that jumped higher):
CIT – CIT Group (34%) – Finerman: the company is hoping for a buyer to bail them out; don’t touch it
GM – General Motors (4%) – Seymour: this is massive short covering
PLCE – Children’s Place (12%) – Finerman: it’s rallying on last week’s news, which is still good for shareholders
PALM – Palm (8%) – Jon Najarian: not dead but not cool; stay away
WAG – Walgreen (5%) – Macke: WAG has been a long-time dog but it’s looking a little better
CC – Circuit City (3%) – Macke: maybe it isn’t the worst company in the world anymore but it’s certainly not a buy

Drops (stocks that slid lower):
BVF – BioVail (4%) – Jon Najarian: probably not the end of the line as there is a lot of put activity in the stock
V – Visa (8%) – Seymour: interesting that China Life LFC bought a big chunk of the IPO and is also trading at its all-time lows

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