Fast Money Stock Picks

Fast Money Stock Picks – May 20, 2008 – Energy and Tech

Najarian:
APPL – Apple – Buy
RIMM – Research In Motion – Buy
GOOG – Google – Buy
INCT – Intel – Buy
HNT – Health Net – Buy
XLF – Financial Select Sector SPDR – Buy puts
GS – Goldman Sachs – Buy
DD – DuPont – Buy
APU – AmeriGas Partners – Buy
CLX – Clorox – Buy
EXM – Excel Maritime – Buy – “Final Trade”

Adami:
TRN – Trinity Industries – Buy
X – US Steel – Buy
FCX – Freeport McMoRan – Buy
NUE – Nucor – Buy
TRN – Trinity – Buy
HXL – Hexcel – Buy
HAL – Halliburton – Buy
DD – DuPont – Buy
SPH – Suburban Propane – Buy
PEG – Public Service Enterprise Group – Buy – “Final Trade”

Macke:
ATVI – Activision – Buy
DISH – Dish Network – Buy
SPY – SPDR Trust – Buy with a 139 stop – “Final Trade”

Joe Terranova:
RIG – Transocean – Buy
GOOG – Google – Buy
GS – Goldman Sachs – Buy
HES – Hess – Short – “Final Trade”

Zach Karabel, president of River Twice Research:
RIO – Vale – Buy
TIF – Tiffany – Buy
LVMUY – LVMH Moet Hennessy Louis Vuitton – Buy

Pops (stocks that jumped higher):
HUM – Humana (7%) – Adami: This stock was a widow-maker for me; I avoid it
MDT – Medtronic (2%) – Najarian: Impressive
UNG – Natural Gas ETF (4%) – Terranova: I expect nat gas to spike further
PEIX – Pacific Ethanol (10%) – Macke: I’m not an ethanol fan

Drops (stocks that slid lower):
DRYS – DryShips (5%) – Najarian: It’s a buy on the pullback
JCP – JC Penney (4%) – Macke: Avoid this stock
UAUA – UAL Corp (7%) – Oil prices, plus it was second-lowest ranked company in the American Customer Satisfaction Index released Tuesday
DELL – Dell (3%) – Macke: I’m not looking for any trends to reverse
GM – General Motors (5%) – A KeyBanc analyst cut his earnings estimate just as GM announced it will increase production capacity at other plants to pick up slack caused by a Kansas factory strike
MF – MF Global (6%) – Najarian: They’re probably just happy to get through the quarter
SKS – Saks (7%) – CEO said customers were acting as if they were in a recession whether there is one technically or not

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