Fast Money Stock Picks – October 20, 2009 – Tech and Health

Adami:
YHOO – Yahoo – Buy on any pullback
CAT – Caterpillar – Sell
APA – Apache – Buy
UNH – UnitedHealth – Buy – Final Trade

Najarian:
YHOO – Yahoo – I’m bullish, but I also hold some puts
BTU – Peabody – Buy – Final Trade

Finerman:
FLS – Flowserve – Buy
PEP – Pepsi – Buy
WFC – Wells Fargo – I’m holding preferred stock
BKS – Barnes & Noble – Short
DRI – Darden – Buy – Final Trade

Seymour:
*Brazil is a great long-term story, especially VALE – Vale, and PBR – Petrobras. But don’t jump in immediately
MBT – Mobile Telesystems – Buy – Final Trade

Pops (stocks that jumped higher):
UNH – UnitedHealth (4%) – Beat on 3Q profits largely due to cost controls and reaffirmed its full year outlook
BLK – BlackRock (2%) – Finerman: I like it but wouldn’t chase it at these levels

Drops (stocks that slid lower):
LMT – Lockheed Martin (6%) – Forecast 2010 earnings and revenue below Street expectations
STT – State Street (8%) – California’s Attorney General sued for committing “unconscionable fraud” against the state’s largest pension funds
BSX – Boston Scientific (16%) – Cut its profit outlook and its chief executive warned of dire consequences from a proposed health reform tax
JEF – Jefferies (4%) – Reported higher than expected quarterly earnings and investors took profits
SHW – Sherwin-Williams (6%) – Disappointing outlook
BA – Boeing (3%) – Morgan Stanley downgraded it from ‘equalweight’ to ‘underweight’ citing concerns about the timeline of the 787