Fast Money Stock Picks - September 2, 2008 - Retail and Tech
Fast Money Stock Picks - September 2, 2008 - Retail and Tech
Adami:
JNJ - Johnson & Johnson - Buy
CHD - Church & Dwight - Buy
HD - Home Depot - Buy on a dip
AMD - AMD - Buy with a 7-handle
GPS - Gap - Buy on a dip
URBN - Urban Outfitters - Buy on a dip
Macke:
GM - General Motors - Buy for a trade if you can catch it
SHLD - Sears - Buy
WMT - Wal-Mart - Buy
Finerman:
MDC - MDC - Buy if you want to play the housing space
CTX - Centex - Buy if you want to play the housing space
AAPL - Apple - Buy
JCG - J. Crew - Buy
Najarian:
SCHW - Charles Schwab - Buy
AMTD - TD Ameritrade - Buy
LXK - Lexmark - Buy
LMT - Lockheed Martin - Buy
Gene Munster, Piper Jaffray analyst:
GOOG - Google - Buy
Pops (stocks that jumped higher):
American Airlines (9%) - AMR, its parent company, and other airlines found strength in oil’s weakness
PRU - Prudential (5%) - Barron’s recommended it as a good buy
GT - Goodyear Tire (4%) - Macke: I’d sell the rally
SPLS - Staples (2%) - Finerman: I’m not optimistic about their numbers
CCL - Carnival (5%) - Macke: I’d sell
SCRX - Sciele Pharma (59%) - A Japanese drugmaker agreed to buy the company for a 61% premium
RF - Regions Financial (19%) - Said it will obtain all deposits from Integrity Bank of Alpharetta in a state and federal planned transaction
Drops (stocks that slid lower):
GILD - Gilead Sciences (4%) - Adami: I think the dip is a buying opportunity
CHK - Chesapeake Energy (6%) - Najarian: Commodities are falling across the board
BUCY - Bucyrus (11%) - Adami: I think it’s getting interesting
LAZ - Lazard (5%) - Announced plans to sell up to $334 million of stock in the company
EEM - Emerging Markets Fund (3%) - Merrill Lynch downgraded Russia to neutral, citing high inflation and political turbulence
