Fast Money Stock Picks – March 26, 2008 – Oil and Natural Gas

Najarian:
ORCL – Oracle – Buy
UNG – United States Natural Gas – Buy
APA – Apache – Buy
OIH – Oil Services HLDRS – Buy puts – “Final Trade”

Seymour:
ORCL – Oracle – Buy
RIG – Transocean – Buy
HAL – Halliburton – Buy
SLB – Schlumberger – Buy
CZZ – Cosan Limited – Buy – “Final Trade”

Finerman:
BJS – BJ Services – Buy
KALU – Kaiser Aluminum – Buy – “Final Trade”

Macke:
ATVI – Activision – Buy
HPQ – Hewlett-Packard – Buy
NTDOY – Nintendo – Buy
HD – Home Depot – Buy – “Final Trade”

Pops (stocks that jumped higher):
RIO – C.V.R.D. (5%) – The Brazilian miner abandoned its $90 billion bid for Xtrata
CNX – CONSOL Energy (3%) – Najarian: I think there’s more upside
WAT – Waters Corp (5%) – Raised to “overweight” from “neutral” by JP Morgan
DNDN – Dendreon (4%) – no news

Drops (stocks that slid lower):
.XAL – Airlines Index (6%) – Macke: if the market is open it’s a good time to sell airlines
JBL – Jabil Circuit (18%) – Najarian: missed its profits and sales estimates; awful
COF – Capital One (3%) – Finerman: I expect more downside
PFCB – P.F. Chang’s China Bistro (9%) – Macke: get out
XHB – Homebuilder ETF (6%) – Seymour: new home sales data was down; not so good
CHIC – Charlotte Russe (13%) – Finerman: stay away
AMN – Ameron (26%) – missed profit estimates by 17%
FCX – Freeport McMoRan (5%) – no news