Fast Money Stock Picks - May 9, 2008 - Tech and Credit Cards
Fast Money Stock Picks – May 9, 2008 – Tech and Credit Cards
Adami:
UPS – UPS – Sell
HPQ – Hewlett Packard – Buy
C – Citigroup – Buy
DE – Deere – Buy on a pullback
TSO – Tesoro – Buy
Najarian:
V – Visa – Buy
MA – Mastercard – Buy
AXP – American Express – Buy
YHOO – Yahoo – Maintain a position
HPQ – Hewlett Packard – Buy – “Final Trade”
C – Citigroup – Buy
Macke:
YHOO – Yahoo – Get out
HPQ – Hewlett Packard – Buy
WWE – World Wrestling Entertainment – Buy
UPS – UPS – Buy on a dip if FedEx drags it down
Finerman:
VLO – Valero – Buy
Zachary Karabell, President of River Twice Research:
CAT – Caterpillar – Buy
MTW – Manitowoc – Buy
IBM – IBM – Buy
Pops (stocks that jumped higher):
S – Sprint (20%) – Najarian: Wait and see
AA – Alcoa (8%) – Adami: I like this stock
HRB – H&R Block (5%) – Najarian: I’m not excited
AMD – Applied Micro Devices (13%) – Adami: I’m not a fan
TRLG – True Religion Apparel (16%) – Macke: I think it’s a sell
PCLN – Priceline.com (10%) – Raised its forecast
EL – Estee Lauder (8%) – Increased full-year forecast
Drops (stocks that slid lower):
CCU – Clear Channel Communications (4%) – Concerns over buyout deal with Bain and Thomas H. Lee partners
BID – Sotheby’s (13%) – Finerman: The expenses are out of line
KNOT – The Knot (15%) – Macke: Not yet
TSO – Tesoro (14%) – Finerman: Imagine oil as a problem
GM – General Motors (12%) – Workers at a Kansas plant walked off the job over a labor dispute and disrupted production of the popular Chevy Malibu
