Fast Money Stock Picks – May 23, 2008 – Memorial Day Weekend Trades
Fast Money Stock Picks May 23, 2008 Memorial Day Weekend Trades
Macke:
TAP Molson Coors Buy
*Buy crude on a dip, and dont short it
Adami:
BWA Borg Warner Buy
MGM MGM Watch
INTC Intel Buy on a dip
SAM Boston Beer Buy
Jon Najarian:
AAPL Apple Buy
XLF Financial Select Sector SPDR Sell
MAS Masco Sell
ESLR Evergreen Solar Buy on dips
Seymour:
ABV Companhia de Bebidas das Americas Buy
GNK Gecno Buy on the dip
Pops (stocks that jumped higher):
FL Foot Locker (13%) CEO said he expects improving profitability over the year
KO Coca-Cola (3%) Seymour: I like it as a Memorial Day weekend play
EXC Excelon (4%) Got a pair of upgrades from Credit Suisse & Deutsche Bank
Drops (stocks that slid lower):
.XAL Airlines (20%) Jon Najarian: You could buy it for a quick play on oil, but then get out
HD Home Depot (8%) Adami: I like it on a dip
MCO Moodys (24%) Macke: I think they need to justify their existence
CHL China Mobile (9%) A restructuring company forced it to take over a slow-growing fixed-line carrier
CHK Chesapeake (11%) Jon Najarian: Theyre diluting the stock with some debt theyre putting out there
JPM J.P. Morgan (9%) Adami: I like this stock around $41
PSUN Pacific Sunwear (18%) Posted a loss of $37 million and a same store sales drop of 1% for the quarter
DKS Dicks Sporting Goods (23%) Had its biggest drop ever after a disappointing profit forecast



