Fast Money Stock Picks – November 21, 2008 – Obama's Treasury Secretary Announced
Fast Money Stock Picks – November 21, 2008 – Obama’s Treasury Secretary Announced
Adami:
GPS – The Gap – Looks OK
TGT – Target – Looks OK long term
BRCM – Broadcom – A raging buy
Finerman:
NVDA – Nvidia – Looks cheap
CSCO – Cisco – Buy
MSFT – Microsoft – Buy
DELL – Dell – Buy
Pops (stocks that jumped higher):
HPQ – Hewlett-Packard (13%) – Adami: This stock is still cheap
GYMB – Gymboree (2%) – Beat earnings estimates for the third quarter
Drops (stocks that slid lower):
JPM – JP Morgan (34%) – Adami: It wasn’t a good week to be a bank
M – Macy’s (23%) – Its debt started trading like a junk bond
USG – USG Corp (23%) – Finerman: It’s been a bad week for Buffett
NYT – New York Times (27%) – Announced a 74% cut in its dividend as revenue continues to decline
