Fast Money Stock Picks – October 7, 2008 – Value Trades

Macke:
SDS – ProShares UltraShort S&P500 ETF – Sell – Final Trade
MS – Morgan Stanley – Sell
MCD – McDonald’s – Buy

Najarian:
PFE – Pfizer – Buy
CELG – Celgene – Buy at $55
MTW – Manitowoc – Buy – Final Trade
*If there’s a rally, take profits

Adami:
YUM – Yum Brands – Buy
LMT – Lockheed Martin – Buy
TGT – Target – Buy – Final Trade

Terranova:
SPY – S&P – Sell
Oil – Sell
EXM – Excel Maritime – Buy
XOM – Exxon Mobil – Buy – Final Trade

Zach Karabell:
PFE – Pfizer – Buy
FLR – Fluor – Buy
MTW – Manitowoc – Buy

Bill Ackman, hedge fund manager:
TGT – Target – Buy