Fast Money Stock Picks – September 17, 2008 – Tech and Financials

Finerman:
XLF – XLF – Cover your short position
BA – Boeing – Watch

Macke:
AAPL – Apple – Buy at $121 with a stop at $115

Najarian:
AAPL – Apple – Buy
NVS – Novartis – Buy
PALM – Palm – Buy – Final Trade

Adami:
USB – US Bancorp – Buy around $30
LMT – Lockheed Martin – Buy at $105
JNJ – Johnson & Johnson – Buy – Final Trade

Gartman:
MCD – McDonald’s – Buy
SH – Short S&P500 ProShares – Buy

Pops (stocks that jumped higher):
SKF – UltraShort Financials ETF (16%) – The fund is designed to go up when the financial sector drops
SNDK – SanDisk (39%) – Rejected Samsung’s bid for the company at $26/share
NEM – Newmont Mining (9%) – Moved with gains in gold and silver prices

Drops (stocks that slid lower):
XOM – Exxon Mobil (2%) – Adami: I think it’s a screaming buy at current levels
NT – Nortel Networks (50%) – Macke: Move along
VNO – Vornado (8%) – Vacancies in Manhatten likely to increase
.BKX – KBW Bank Index (8%) – Financials continue to spook investors
CEG – Constellation Energy (19%) – Ongoing liquidity concerns