Fast Money Stock Picks – May 16, 2008 – “Trading Chicago Hope”

Adami:
*Chart the trend and buy oil on pullbacks
BHI – Baker Hughes – Buy
HAL – Halliburton – Buy
GOOG – Google – Buy
WDC – Western Digital – Take profits if you’re in it, buy on a pullback if you’re not
RTN – Raytheon – Buy
LMT – Lockheed  Martin – Buy
C – Citigroup – Buy now and sell if it goes below $22.50 – “Final Trade”
CME – CME Group – Buy
DD – DuPont – Buy
MCD – McDonald’s – Buy

Najarian:
CSCO – Cisco – Buy
JNPR – Juniper – Buy
RTN – Raytheon – Buy
CME – CME Group – Buy
DRYS – DryShips – Buy
DSX – Diana Shipping – Buy
MCD – McDonald’s – Buy
BKC – Burger King – Buy
FSLR – First Solar – Watch
ENER – Energy Conversion Devices – Watch
CSIQ – Canadian Solar – Watch
PDE – Pride Int’l – Buy – “Final Trade”

Macke:
BKC – Burger King – Buy
MSFT – Microsoft – Buy – “Final Trade”

Finerman:
GLNG – Golar – Buy – “Final Trade”

Suze Orman:
MXI – iShares S&P Global Mat. Sector Index – Buy
XME – SPDR S&P Metals and Mining – Buy

Pops (stocks that jumped higher):
ABT – Abbott Labs (6%) – Najarian: I think it could continue higher, but remember there’s a lot of risk in this trade
SBUX – Starbucks (7%) – Macke: Don’t bother
AAP – Advanced Auto Parts (15%) – Adami: I think the play is Borg Warner
MO – Altria (7%) – Finerman: It’s working nicely
DNA – Genentech (2%) – Najarian: Good for them
MOT – Motorola (3%) – Adami: I think it’s expensive, stay away
OMX – Office Max (8%) – Najarian: I’m not expecting much more
SOLF – Solar Fun (45%) – Oil is heading for $130

Drops (stocks that slid lower):
CBS – CBS (4%) – Macke: I’m not a fan
DDS – Dillard’s (4%) – Finerman: We warned you
ERTS – Electronic Arts (6%) – Deadline approaching for Take Two’s buyout offer
CSH – Cash America International (10%) – New legislation will change the terms of its loans