Fast Money Stock Picks – November 14, 2008 – Oil and Retail

Finerman:
COP – ConocoPhillips – Buy
AEO – American Eagle – Buy
ANF – Abercrombie & Fitch – Short
FDO – Family Dollar – Short
COF – Capital One – Short – Final Trade

Macke:
SHLD – Sears – Short

Adami:
GS – Goldman Sachs – Buy for long term
COP – ConocoPhillips – Buy – Final Trade

Seymour:
COP – ConocoPhillips – Buy
RTH – RTH – Short
VIP – Vimpel-Comm – Buy
EEM – iShares MSCI Emerging Markets Indx – Take a look
TS – Tenaris – Buy – Final Trade

Pops (stocks that jumped higher):
ADM – Archer Daniels Midland (15%) – Seymour: I think the ag space is still alive
MCD – McDonald’s (1%) – Macke: I own this one
DELL – Dell (6%) – On the coattails of Intel’s turnaround
GILD – Gilead Sciences (5%) – Reiterated its 2008 revenue forecast

Drops (stocks that slid lower):
DRYS – DryShips (17%) – Don’t buy yet
C – Citigroup (19%) – Investors don’t think the company’s plans to cut 10,000 jobs will be enough to boost the bottom line
MS – Morgan Stanley (25%) – Macke: I think it goes lower still
TLB – Talbots (46%) – Reported bad sales figures
BAC – Bank of America (20%) – Assumed $16 billion in Countrywide’s debt and the NY Attorney General subpeonaed their executive pay data
BTU – Peabody Energy (8%) – Seymour: I think coal has started to bottom
CBS – CBS (19%) – No news