Fast Money Stock Picks – October 30, 2009 – Long term trades

Adami:
WFC – Wells Fargo – Short – Final Trade
JPM – JP Morgan – Buy
GS – Goldman Sachs – Buy
AAPL – Apple – Bearish
INTC – Intel – Bearish
RIMM – Research In Motion – Bearish
JNJ – Johnson & Johnson – Buy for long term

Seymour:
NOK – Nokia – Buy for long term
F – Ford – Buy for long term
AA – Alcoa – Short – Final Trade

Najarian:
JOYG – Joy Global – Buy for long term

Finerman:
PAC – Grupo Aeroportuario del Pacifico – Buy for long term
RIG – Transocean – Buy with an 80-handle – Final Trade

Terranova:
XOM – Exxon – Buy for long term

*Long term trades:

Grasso:
V – Visa – Buy

Patricia Edwards, Storehouse Partners:
HD – Home Depot – Buy

Zach Karabell, Rivertwice Research:
BHP – BHP Billiton – Buy
VALE – Vale – Buy

Christopher Zook, Caz Investments:
IBM – IBM – Buy

Steve Cortes, Veracruz LLC:
VE – Veolia – Buy

Jared Levy, Peak6 Investments:
TEVA – Teva – Buy

Pops (stocks that jumped higher):
MOT – Motorola – (4%) Terranova: I’m not sure if there’s a trade; I’d wait to hear more about the Droid
ORLY – O’Reilly Automotive – (6%) Reported profits that beat analyst estimates and raised its 2009 view
SNE – Sony – (1%) Seymour: With the yen appreciating, I see problems for Japan exporters
V – Visa – (3%) Finerman: I like this stock

Drops (stocks that slid lower):
LVS – Las Vegas Sands – (8%) Adami: At $15 it’s in no-man’s land
MT – ArcelorMittal – (11%) Seymour: I think you can start to buy steel stocks here
APOL – Apollo Group – (23%) Adami: SEC probes are never good
VLO – Valero Energy – (12%) Terranova: Most refiners have been rallying; I’d stay away from this one