Fast Money Stock Picks – October 21, 2009 – Tech and Credit
Fast Money Stock Picks – October 21, 2009 – Tech and Credit
Adami:
WFC – Wells Fargo – Short
APA – Apache – Get out
AAPL – Apple – Short
EBAY – eBay – Sell
AMGN – Amgen – Buy
INTC – Intel – Short – Final Trade
Najarian:
AMGN – Amgen – Buy
DE – Deere – Buy – Final Trade
Terranova:
ABT – Abbott Labs – Buy
AMZN – Amazon – Buy
MA – MasterCard – Buy
V – Visa – Buy
GS – Goldman Sachs – Buy between $170-$175 – Final Trade
Seymour:
SPX – S&P 500 – Buy – Final Trade
Jim Cramer, Mad Money host:
AMZN – Amazon – Wait for the bears to knock it below $90, then buy
*Top recovery picks:
CAT – Caterpillar
BHP – BHP Billiton
V – Visa
Gary Kaminsky, Neuberger Berman managing director:
JBLU – JetBlue – Buy
Pops (stocks that jumped higher):
SNDK – SanDisk (10%) – Posted much better than expected sales and profit on strong demand in the mobile phone market
EWZ – Brazil ETF (2%) – Investors seem to believe the sell-off triggered by new taxes on foreign investments was overdone
STJ – St Jude Medical (3%) – Reported lower than expected earnings but investors focused on their higher sales as well as comments that suggest long term goals remain intact
CREE – Cree (12%) – Posted quarterly earnings and revenue well above Street expectations and forecast strong results going forward
TUP – Tupperware (8%) – Reported better than expected earnings largely due to cost cuts and strength in emerging markets
Drops (stocks that slid lower):
NTRS – Northern Trust (6%) – Adami: I think it goes lower
MO – Altria (3%) – Terranova: I’m a buyer above $18.72
CAL – Continental Airlines (13%) – Said going forward fares will likely remain challenged



