Fast Money Stock Picks – October 1, 2008 – Financials, Transportation, and Pharmaceuticals

Najarian:
XLF – Financial Services Select SPDR – Buy
NDAQ – Nasdaq – Buy
MMM – 3M – Buy
PFE – Pfizer – Watch
NKE – Nike – Buy
NCC – Nat City – Buy for a short-term trade – Final Trade

Macke:
UUP – US Dollar – Buy
WMT – Wal-Mart – Buy
MCD – McDonald’s – Buy
PG – Proctor and Gamble – Buy
BRK.A – Berkshire Hathaway – Buy – Final Trade

Adami:
HON – Honeywell – Buy
NVS – Novartis – Buy – Final Trade
JNJ – Johnson & Johnson – Buy
CHD – Church & Dwight – Buy

Terranova:
MA – Mastercard – Buy
KFT – Kraft – Buy

Carter Worth:
UNP – Union Pacific – Sell
BNI – Burlington Northern – Sell
NSC – Norfolk Southern – Sell
JBHT – JB Hunt – Sell
R – Ryder – Sell
FDX – FedEx – Sell
UPS – UPS – Sell

Pops (stocks that jumped higher):
AIG – AIG (18%) – Adami: It’s a lottery ticket at best
MCD – McDonald’s (3%) – Macke: It works
UNG – United States Natural Gas Fund (4%) – Investors are betting that long nat gas into winter is the right trade
BTI – British American Tobacco (7%) – Dresdner Kleinwort raised the company’s price target ahead of earnings

Drops (stocks that slid lower):
AAPL – Apple (4%) – Najarian: I wouldn’t be the first guy into this stock right now
F – Ford (13%) – Terranova: I don’t think too many people are walking into their showrooms
BSX – Boston Scientific Corp (7%) – Ordered to pay $692 million to Johnson and Johnson due to a heart-stent patent dispute
IBM – IBM (6%) – Posted its largest drop in 3 years on profit worries
AA – Alcoa (6%) – Said it will cut jobs and halt production at a Texas smelter due to weak market conditions