Fast Money Stock Picks - May 1, 2008 - Tech and Financials
Fast Money Stock Picks – May 1, 2008 – Tech and Financials
Najarian:
BRCM – Broadcom – Buy
QCOM – Qualcomm – Buy
C – Citigroup – Buy
MRO – Marathon – Buy
XLE – Energy ETF – Keep an eye on it
AXP – American Express – Buy – “Final Trade”
Adami:
INTC – Intel – Buy
HD – Home Depot – Still good with a 35-handle
GS – Goldman Sachs – Buy
WB – Wachovia – Buy
DZZ – DB Gold Double Short ETN – Buy
MA – Mastercard – Buy
CSCO – Cisco – Buy – “Final Trade”
Macke:
USO – U.S. Oil Fund – Buy
MCD – McDonald’s – Buy
CSCO – Cisco – Buy
COST – Costco – Buy
WMT – Wal-Mart – Buy
DOG – Short Dow30 ProShares – Buy – “Final Trade”
*Accumulate positions in both tech and financials, but buy the dip
Finerman:
HD – Home Depot – Sell
C – Citigroup – Buy
CMVT – Comverse Technology – Buy – “Final Trade”
Pops (stocks that jumped higher):
F – Ford (3%) – Adami: I like this stock
NMX – Nymex (3%) – Higher trading volumes
TEL – Tyco Electronics (7%) – Finerman: It was sales outside the U.S. that really helped this company
SPLS – Staples (6%) – Finerman: I don’t know why
AW – Allied Waste (5%) – Macke: I guess people throw away more and more stuff every day
MA – Mastercard (6%) – UBS raised their price target from $275 to $350
Drops (stocks that slid lower):
JDSU – JSDUniphase (16%) – Najarian: It might be the only company in the whole communications industry that’s suffering
IRBT – iRobot (11%) – Macke: Go away
APA – Apache (6%) – Adami: I think it’s a buy at $126
GHL – Greenhill (1%) – Deals hit delays
EK – Eastman Kodak (4%) – Macke: It’s just not coming together
SFLY – Shutterfly (10%) – Najarian: It’s not so loved anymore
GRZ – Gold Reserve (14%) – Najarian: It’s not good that gold is down
