Fast Money Stock Picks – November 12, 2009 – Retail
Fast Money Stock Picks – November 12, 2009 – Retail
Adami:
APA – Apache – Short
HD – Home Depot – Buy
MCD – McDonald’s – Nearing resistance; will it bounce or break through?
AMD – Advanced Micro Devices – Short with a tight stop – Final Trade
Najarian:
KSS – Kohl’s – Buy
AMZN – Amazon – Buy downside protection
TJX – TJX – Buy – Final Trade
SBUX – Starbucks – Buy
Seymour:
BUD – Anheuser-Busch InBev – Buy
POT – Potash – Buy – Final Trade
Finerman:
M – Macy’s – Buy – Final Trade
Heath Terry, FBR Capital video game analyst:
ATVI – Activision – Buy
Pops (stocks that jumped higher):
DOW – Dow Chemical – (7%) Announced plans to sell its powder coating business, helping pay off its debt
FRO – Frontline – (5%) A report suggested a refueling port in the UAE would ban single hull vessels next year
NDAQ – Nasdaq OMX – (3%) Seymour: The chart looks good; it could go a little higher
GT – Goodyear Tire – (2%) Announced plans to raise tire prices in North America by as much as 6% to recover higher raw materials costs
Drops (stocks that slid lower):
PHM – Pulte Homes – (5%) Adami: I don’t think there’s anything good in the space
GMCR – Green Mountain – (10%) Najarian: Profits may be weaker next quarter
BKE – The Buckle – (5%) Finerman: I wouldn’t own it
BAX – Baxter – (4%) Demand for one of its drugs appears less than expected



