Fast Money Stock Picks – September 3, 2009 – Advice, Gold, and Swine Flue
Fast Money Stock Picks – September 3, 2009 – Advice, Gold, and Swine Flu
Terranova:
POT – Potash – Be careful
AMZN – Amazon – Buy – Final Trade
*I’d get long financials on better than expected jobs numbers
*Bullish gold going forward; I added to my position
*If you think swine flu is serious, short hotels and travel stocks
Najarian:
ANF – Abercrombie & Fitch – Watch
DDS – Dillard’s – Watch
PDE – Pride – Volume of calls suggests it could go higher
PALM – Palm – Put it on your radar
JNJ – Johnson & Johnson – Look at it for Purell
FWLT – Foster Wheeler – Buy – Final Trade
*Don’t forget: Gold takes the stairs higher and the elevator down
*Bullish on coal
Seymour:
MPEL – MPEL – Buy if you want to play Macau
VIP – Vimep-Com – Buy – Final Trade
*If you believe China’s demand for aluminum will increase:
X – US Steel – Buy
NUE – Nucor – Buy
AKS – AKS – Buy
Adami:
WLT – Walter Industries – Buy
QCOM – Qualcomm – Be careful of tops around $45 if you’re short-term, but I like it long-term
MAN – Manpower – Buy if the jobs report seems bullish
MWW – Monster – Buy if the jobs report seems bullish
GILD – Gilead – Look at it for Tamaflu
URS – URS Corp – Buy – Final Trade
David Einhorn, hedge fund manager who predicted Lehman’s demise:
*Einhorn’s top holdings:
SPY – S&P 500 Puts
PFE – Pfizer
URS – URS Corp
TDC – Teradata
WYE – Wyeth
CAH – Cardinal Health
GDX – Gold Miners ETF
AYE – Allegheny Energy
EMC – EMC Corp
BAGL – Einstein Noah
Pops (stocks that jumped higher):
AEO – American Eagle (8%) – Terranova: I think it has room to run
CIEN – Ciena (6%) – Najarian: The CEO had a lot of positive comments about stability
NOK – Nokia (5%) – Seymour: I think it will increase revenues
CAT – Caterpillar (3%) – Terranova: Resistance is probably $50
CBST – Cubist Pharma (8%) – Najarian: Options were off the charts but there was no news
MTL – Mechel OAO (17%) – Seymour: It’s a short squeeze
URBN – Urban Outfitters (4%) – SunTrust upgraded it from ‘neutral’ to ‘buy’ with a target of $33
Drops (stocks that slid lower):
JAVA – Sun Microsystems (2%) – EU regulators launched an anti-trust probe into Oracle’s takeover
MHP – McGraw-Hill (10%) – A judge ruled that it, Moody’s, and Morgan Stanley must defend themselves against fraud claims
