Fast Money Recaps02 Sep 2009 09:47 pm

Fast Money Stock Picks – September 2, 2009 – Gold

Terranova:
*Don’t sell gold
QCOM – Qualcomm – Worth a look
TIF – Tiffany – Buy – Final Trade

Najarian:
IPI – Intrepid Potash – Volume of calls suggests it could go higher
BP – BP – Looks cheap
AAPL – Apple – Under $165 and ahead of the developer’s meeting it looks interesting
OXPS – OptionsXpress – Buy – Final Trade

Adami:
OIH – Oil Services HOLDRs – Could trade down to $98
LAZ – Lazard – Buy
GHL – Greenhill – Buy
GILD – Gilead – Buy – Final Trade

Finerman:
AXL – American Axle – Buy (risky) – Final Trade

Dennis Gartman:
*I’ve seen what looks like a move away from currencies and into gold

Kimberly Greenburger, Citi retail analyst:
*Ease into these stocks over the next 4 to 5 weeks:
URBN – Urban Outfitters
JCG – J. Crew

Pops (stocks that jumped higher):
KO – Coca-cola (3%) – Investors bet that even if consumers remain weak, they’ll still want ‘the real thing’
TXT – Textron (12%) – Goldman Sachs upgraded it from ‘neutral’ to ‘conviction buy’
BF.B – Brown-Forman (6%) – Terranova: I like this stock with a stop around $44.29
MTW – Manitowoc (3%) – Stern Agee upgraded it from ‘neutral’ to ‘buy’ saying its food service unit should see improved demand
TTWO – Take Two Interactive (8%) – Reported a slightly smaller than expected quarterly loss and topped revenue forecasts, and settled a lawsuit
LVS – Las Vegas Sands (4%) – Adami: I think it could go higher still

Drops (stocks that slid lower):
LYG – Lloyds Banking (5%) – Moved lower along with rivals as financials sold off across the pond
XHB – SPDR S&P Homebuilders ETF (2%) – Terranova: In the space I’d look at DR Horton

One Response to “Fast Money Stock Picks – September 2, 2009 – Gold”

  1. on 28 Oct 2009 at 10:54 am New

    New…

    what’s not to get……

Trackback this Post | Feed on comments to this Post

Leave a Reply

None of the information contained on this site or in any of the Fast Money TV shows, constitutes a recommendation by the Show Hosts, this site (fastmoneystockpicks.com) or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must always make your own decisions when decide to invest in any particular asset weather it is a stock, security or otherwise that may be mentioned on this site. Neither this site nor anyone in affiliation of this site guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any investments discussed on this site (fastmoneystockpicks.com). As with any stock the price will go up and down and it is possible for you to get back less than you invested. Please note this risk and that this site, its owner and affiliates recommend that you seek advice from your personal financial advisor. This site has no affiliation with CNBC, Fast Money TV Show, Fast Money Rapid Recap, Fast Money and is not liable for any of the reccomendations given on this site.