Fast Money Stock Picks – October 27, 2009 – Oil and Credit
Fast Money Stock Picks – October 27, 2009 – Oil and Credit
Finerman:
V – Visa – Don’t short it
TJX – TJX – Buy – Final Trade
PLCE – Children’s Place – Buy
UA – UnderArmour – Be careful
Terranova:
V – Visa – Buy or sit on the sidelines
MA – MasterCard – Buy or sit it out
HES – Hess – Buy as a bet that oil moves higher
RIG – Transocean – Buy
JPM – JP Morgan – Buy – Final Trade
Najarian:
WMT – Walmart – Buy
BP – BP – Buy – Final Trade
Seymour:
BIDU – Baidu – Buy – Final Trade
Paul Sankey, Deutsche analyst:
COP – ConocoPhillips – Buy
VLO – Valero – Short
Pops (stocks that jumped higher):
GME – GameStop – (2%) Said it plans to hire about 15,000 part time workers for the holiday season
HMC – Honda Motor – (5%) Boosted its earnings forecast for the year
CE – Celanese – (9%) – Najarian: I thought these metrics were impressive
LDK – LDK Solar – (3%) – Increased 3Q revenue forecast above analyst expectations
Drops (stocks that slid lower):
WYNN – Wynn Resorts – (11%) Terranova: Give it 2 or 3 days before you make a move
PALM – Palm – (6%) BMO downgraded it from ‘market perform’ to ‘underperform’ citing a likely miss on guidance in the second half of fiscal year 2010
UA – UnderArmour – (11%) Profits came in lower than analyst forecasts
BIDU – Baidu – (11%) 4Q revenue outlook misses expectations
