Fast Money Stock Picks

Fast Money Stock Picks – May 22, 2008 – Shipping and Travel

Adami:
F – Ford – Sell
MRT – Morton’s – Sell
RUTH – Ruth’s Chris – Sell
PCLN – Priceline – Buy

Macke:
F – Ford – Sell
AMR – American Airlines – Buy with a tight stop below any close under $6
NRG – NRG Energy – Buy
GME – GameStop – Sell and buy back later when it’s lower
HTZ – Hertz – Sell
DIS – Disney – Buy
WMT – Wal-Mart – Buy

Jon Najarian:
NRG – NRG Energy – Buy
CPN – Calpine – Buy
DRYS – DryShips – Buy
AMR – American Airlines – Buy
UAUA – United – Buy

Seymour:
PTR – PetroChina – Sell
GWR – Genesee & Wyoming – Buy
MAR – Marriott – Buy

Pops (stocks that jumped higher):
WEN – Wendy’s (6%) – Macke: I’d stay away
WLP – WellPoint (3%) – Jon Najarian: I expect it to go higher and I’m long
CRM – Salesforce.com (6%) – Jon Najarian: Some analysts have targets in the $80s
TASR – Taser (1%) – Said it received orders from 4 agencies in Australia, Hawaii, Kentucky, and Texas
PLCE – Children’s Place (16%) – Earnings showed that shedding the Disney Store franchise  this quarter had a positive impact on the bottom line
TX – Ternium (6%) – Seymour: I think it looks like a buy

Drops (stocks that slid lower):
JTX – Jackson Hewett Tax Services (10%) – Reported a lower annual profit because of fewer handled returns
MCO – Moody’s (7%) – See yesterday’s news
BCE – BCE (13%) – Concerns that a court decision could put an end to its buyout
UA – Under Armour (9%) – Thomas Weisel Partners analyst Jim Duffy said the weak sporting goods environment could make it difficult to reach its guidance
AKAM – Akamai (7%) – Goldman Sachs downgraded it from “neutral” to “sell”
RAD – Rite Aid (12%) – Issued $150 million in convertible bonds

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