Fast Money Stock Picks – May 27, 2008 – Energy, Credit, and Staying Home

Najarian:
BHI – Baker Hughes – Buy
CSCO – Cisco – Buy
JNPR – Juniper – Buy
AXP – American Express – Buy
V – Visa – Buy
MA – Mastercard – Buy
GBX – Greenbriar – Buy
HD – Home Depot – Buy
WM – Washington Mutual – Buy – “Final Trade”
*Look at wind power, natural gas, and solar

Adami:
DUG – UltraShort Oil & Gas ProShares – Closed higher, could signal a top for oil
XOM – Exxon Mobil – Buy with an $86 handle
BWA – Borg Warner – Buy
AXL – American Axel – Buy
SIX – Six Flags – Buy
CLNE – Clean Energy Fuels – Buy
MDU – MDU Resources – Buy on a pullback
CHTR – Charter Communications – Buy – “Final Trade”

Macke:
WMT – Wal-Mart – Buy
PEP – Pepsi – Buy
TAP – Molson Coors – Buy
BGP – Border’s Group – Buy – “Final Trade”

Finerman:
TSN – Tyson – Buy
AOI – Alliance One – Buy, but it comes with “tons of risk” – “Final Trade”
*Look at the cable companies
*Look at wind power

Steve Cortes, CEO of Veracruz:
FXI – iShares FTSE/Xinhua China 25 Index – Short
SPY – SPDR Trust – Buy
HUM – Humana – Buy
WMT – Wal-Mart – Buy
COST – Costco – Buy

Gene Munster, senior research analyst at Piper Jaffray:
GOOG – Google – Buy
ADBE – Adobe – Buy

Pops (stocks that jumped higher):
HSY – Hershey (9%) – Najarian: Be careful with this trade
DRI – Darden Restaurants (5%) – Macke: I think it’s too early to go into casual dining
FLS – Flowserve (4%) – Finerman: I think it’s a fantastic company
PLCE – Children’s Place (4%) – Macke: I think it goes higher
PII – Polaris Industries (10%) – Finerman: There’s a lot of short interest in this stock
LRCX – LAM Research (7%) – Upgraded at Merrill Lynch with a $47 price target
JPM – J.P. Morgan (2%) – Withstood comments from a Goldman Sachs analyst who said he expected the Bear Stearns acquisition to result in weaker results going forward

Drops (stocks that slid lower):
GLD – Gold ETF (2%) – Adami: I’d be scared to be long gold
CHL – China Mobile (6%) – Najarian: I think this stock could be near its bottom
ADM – Archer Daniels Midland (3%) – Adami: I would avoid this stock for the time being
DRYS – DryShips (3%) – Najarian: It’s very volatile, but interesting at current levels