Fast Money Stock Picks – November 24, 2008 – Lack of Confidence
Fast Money Stock Picks – November 24, 2008 – Lack of Confidence
Finerman:
DSX – Diana Shipping – Final Trade part 1
GNK – Genco Shipping – Final Trade part 2
Seymour:
VIP – Vimpel-Comm – Buy – Final Trade
Terranova:
ABT – Abbott Labs – Worth a look
GIS – General Mills – Worth a look
BNI – Burlington Northern – Worth a look
FXB – CurrencyShares British Pound ETF – Buy – Final Trade
Carter Worth:
CPB – Campbell’s Soup – Buy
BMY – Bristol Myers – Buy
Pops (stocks that jumped higher):
AAPL – Apple (12%) – Terranova: I like it with a stop at $83
NYT – New York Times (24%) – Citigroup raised it from ’sell’ to ‘hold’
DNA – Genentech (5%) – Finerman: I’m long
BAC – Bank of America (27%) – The entire banking sector closed higher after Washington agreed to bail out Citigroup
XRX – Xerox (17%) – 2009 profit forecast beat estimates
CME – CME Group (14%) – Reaction to Citigroup bailout
HOTT – Hot Topic (27%) – Should benefit over the next few months because of “Twilight”
ALO – Alpharma (8%) – King Pharmaceuticals agreed to buy it for $37 a share
Drops (stocks that slid lower):
GOOG – Google (2%) – Terranova: I think it could be a bottom
CPB – Campbell Soup (7%) – Sales missed estimates and full year profits may be hurt
ETFC – E*Trade Financial (2%) – Investor doubt over its ability to secure financing from the TARP fund



