Fast Money Stock Picks - March 28, 2008 - Financials and Refiners
Fast Money Stock Picks – March 28, 2008 – Financials and Refiners
Finerman:
JCP – J.C. Penney – Buy
XLF – Financial Select Sector SPDR – Buy
FNM – Fannie Mae – Buy
SUN – Sunoco – Buy
TSO – Tesoro – Buy
VLO – Valero – Buy
Jon Najarian:
JCP – J.C. Penney – Buy
OIH – Oil Services HLDRS – Sell over $180
MRO – Marathon – Sell the rips
HERO – Hercules – Sell the rips
BKC – Burger King – Buy or hold
AET – Aetna – Buy
WCG – Wellcare – Buy
Macke:
JCP – J.C. Penney – Wait until April 8th, two days before same-store sales reports
BKC – Burger King – Sell
RIMM – Research In Motion – Buy if it slides to $100
ORCL – Oracle – Sell
Pete Najarian:
ORCL – Oracle – Buy
BKC – Burger King – Buy or hold
DD – DuPont – Buy
AGU – Agrium – Buy
RIMM – Research In Motion – Buy on any pullback
Dennis Gartman:
*Get long corn and decrease positions in soybean and wheat
Pops (stocks that jumped higher):
MON – Monsanto (16%) – Pete: monitor the valuations closely
TIF – Tiffany & Co. (7%) – Finerman: I don’t think the high-end is dead
X – U.S. Steel (10%) – Rallied early in the week
DVN – Devon Energy (8%) – Followed an 8% increase in the price of natural gas
TSRA – Tessera Technologies (49%) – International Trade Commission is taking another look at its previously suspended patent infringement claims
NVDA – NVIDIA (6%) – Closed higher despite CFO stepping down
DVA – DaVita (6%) – Received an upgrade at UBS
NTRI – Nutrisystems (7%) – Trying to beef up
Drops (stocks that slid lower):
JPM – JPMorgan (7%) – Macke: it’s a buy on dips
C – Citigroup (7%) – Jon: I think it’s a buy at this level
CCU – Clear Channel (17%) - $19.5 billion deal is looking uncertain
LTD – The Limited (2%) – One of several specialty retail names dragged down this week
