Wall Street Addict

Amazon.com (NasdaqGS:AMZN) soared on news that Goldman Sachs added the company to its "buy" list, citing the potential for growth in the leading online retailer. The Short Term PowerRating for AMZN is 4.
Another day, another upgrade in the semiconductor sector as Citigroup raises Texas Instruments (NYSE:TXN) from "hold" to "buy". The Short Term PowerRating for TXN is 3.
Railroad stocks continued to rally with CSX Corp. (NYSE:CSX)leading the group higher on the day. The Short Term PowerRating for CSX is 3.
Shares of SanDisk (NasdaqGS:SNDK) plunged more than 7% on an analyst downgrade to "market underperform." The Short Term PowerRating for SNDK is 2.
Traders bid shares of Solarfun Power Holdings (NasdaqGM:SOLF) higher on Monday in anticipation of the company's earnings report on Wednesday before the open. The Short Term PowerRating for SOLF is 1.
Home Depot (NYSE:HD), the worlds largest home improvement retailer, reports earnings Tuesday morning before the bell. Analysts expect EPS of $0.37. The Short Term PowerRating for HD is 4.
Oracle (NasdaqGS:ORCL) found its future and Larry Ellison's leadership endorsed by Barron's magazine over the weekend. The stock was up more than 3% on the Monday. The Short Term PowerRating for ORCL is 4.

Labels: AMZN, CSX, HD, Hot Stocks, ORCL, SNDK, SOLF, TXN

The Dow finished 66 points into positive territory and the Nasdaq closed up 18 points. The technology sector and retail industry is getting a lot of attention as the holiday season is fast approaching. Technology stocks rebounded Friday after the worst week for the Nasdaq since April 2002. Najarian said this week was not that bad for technology. He highlighted Apple (AAPL), which started the week at $165 and finished the week at $165. Cisco Systems and Oracle (ORCL) both enjoyed a great week as well. Najarian suggested that as soon as Research in Motion (RIMM) hits China the stock will make a huge move.
Jim Goldman joined the show crew to discuss his take on Google entering the wireless space. Goldman says Google (GOOG) is going to make a play for the 700mhz spectrum being auctioned off by the FCC in January. Goldman speculates that this network could be worth $4.5 billion.
Henry Blodget caused speculation on Friday after posting on his blog that Microsoft (MSFT) should buy Yahoo! (YHOO) to gain market share in internet search. Finerman doesn't think the idea is outrageous. Macke also feels that Microsoft has plenty of cash to make the deal.
Hewlett-Packard (HPQ) and GameStop (GME) will report earnings next week. Adami loves Hewlett-Packard, but he is worried that expectations might be too high. The rest of the crew more or less agreed.
Najarian says look at the strong stock performance in companies that sell merchandise at Dick's Sporting Goods (DKS) like Under Armour (UA), Crocs (CROX), Nike (NKE) and Calloway (ELY). Macke agrees and said he would buy Dick's right now.
Wal-Mart (WMT) shines among a weak retail sector after posting a solid quarterly report.
FedEx's (FDX) lowered full-year outlook may be predicting an economic slowdown. Macke says FedEx is a legitimate economic indicator especially for the health of the consumer.
Consumer staples like Coca-Cola (KO), Altria (MO), Colgate (CL) and Procter & Gamble (PG) continue to show strength in a weak market. Adami favors Unilever (UL) at its 52-week high and is cheaper then Procter on valuation. Najarian likes Johnson & Johnson (JNJ) which Warren Buffett owns and Merck (MRK).
Crude oil closed at $95 as traders make another attempt at $100. Adami thinks crude is toppy, but Tesoro (TSO) is worth looking at in the mid-$50's. Najarian would prefer a solar stock play.
Pops & Drops
Pops - Cisco (CSCO) traded up 5% this week after announcing a $10 billion stock buyback.
Advanced Micro Devices (AMD) traded up 2% after the Abu Dhabi government took an 8.1% stake worth $622 million.
Lehman Brothers Holdings (LEH) traded up 7%.
Delta Airlines (DAL) traded up 21% after speculation that a merger with United Airlines (UAUA) could occur.
Corning (GLW) traded up 10% after raising their profit forecast for the fourth-quarter.
Garmin (GRMN) traded up 14%
Sotheby's (BID) traded up 16% after selling $316 million in contemporary art on Wednesday.
Crocs (CROX) traded up 10%
Final Trade
Macke feels positive about Dick's Sporting Goods (DKS).
Adami recommends Lazard (LAZ) for an M&A play.
Finerman would short Hovnanian Enterprises (HOV) because of its high debt levels.
Najarian favors DaVita (DVA)

Labels: AAPL, CL, CROX, DKS, ELY, Fast Money Recap, FDX, GME, GOOG, HPQ, JNJ, KO, MO, NKE, ORCL, RIMM, UA, UL, WMT, YHOO

Fast Money reviewed the effects the rate cut had on the stock market this past week. Najarian believes the Fed has eased the concerns on Wall Street with the rate cuts. Finerman feels that the fear from the credit scares and hedge fund blow ups has been lifted. Macke thinks inflation fears, which are longer term, replaced the credit fears. Macke recommends getting out of the dollar and spend instead. Macke's picks retailers like Best Buy (BBY), GameStop (GME) and J. Crew (JCG). Dennis Gartman joined the crew to discuss his take on the action in the commodities markets. Gartman declares that if you want to own gold, soybeans, oil and steel, "own all the things that would hurt if you dropped them on your foot." Najarian's Tech Picking: Oracle (ORCL), Intel (INTC), and Apple (AAPL). He also picked Texas Instruments (TXN) and Google (GOOG), after it traded at its record high on Friday.On Friday news broke that KKR and Goldman pulled out of a deal to buyout Harman (HAR) for $8 billion. Jim Cramer said "we will have many more blowups in the next few weeks like Harman." Finerman: Genesco (GCO). Najirian: United Rentals (URI).Fall Trade: Media Reporter Julia Boorstin says ABC will benefit most, being controlled by Disney (DIS) and its upcoming fall lineup. She said that ads are moving online and networks are giving away their shows. She recommends General Electric (GE). Adami likes Google (GOOG).Adami recommends defense stocks and Ford (F) over GM, while Najirian recommends tech stocks like Intel Corporation (INTC) and Texas Instruments (TXN).
Fast Fire:
Finerman: Home Depot (HD)
Macke: General Motors (GM)Pops & Drops:Pops: Macke-AT&T (T), Blue Nile (NILE), and Oracle (ORCL), Finerman- NYSE Euronext (NYX) and Estee Lauder (EL), Najirian: Transocean (RIG), Adami: Cisco Systems (CSCO).Drops: Adami- FedEx (FDX), Brocade Communications (BRCD). Macke- Pool Corporation (POOL).Final Trade: Finerman- NYSE Euronext (NYX), Najarian- BJ Services (BJS), Macke- General Motors (GM)

Labels: AAPL, BBY, CNBC's Fast Money, GM, GME, GOOG, HD, INTC, NILE, NYX, ORCL, TXN, URI

Najarian: the weak dollar is bullish for technology stocks, which will benefit off of global growth. Finerman: buying S&P 500 and Russell put options to hedge her portfolio.Oil was above $83 again for the fourth record close in a row. Finerman suggests buying ConocoPhillips (COP). Najarian says to buy oil service stocks like Baker-Hughes (BHI), Halliburton (HAL) and Schlumberger (SLB).Word on the StreetGoldman Sachs (GS): Record numbers on Thursday. Najirian would sell on the news.FedEx (FDX): reported a 4% rise in profits, but cut forecasts. Macke thinks FedEx's problems are company-specific. He also reminded investors to never own a stock where the CEO blames the economy on a bad quarter, which FedEx did. Adami said Fed Ex isn't at the level he would buy, but it's getting close.Oracle (ORCL): traded up after hours on strong earnings and revenue. Macke thinks Oracle is a very good company hitting on all cylinders. Adami and Najarian like the acquisitions that Oracle has made recently.Cree (CREE) and Brightpoint (CELL): Najarian saw huge monster volume on the CREE September $35 calls and the CELL April $20 calls.Nike (NKE): reported bullish earnings and revenues after the close on Thursday. Finerman thinks the news gives a buy signal for Brown Shoe (BWS), which sells a lot of Nike shoes. Macke disagreed. Najirian says to watch Under Armor (UA), because if they are doing well than Nike will do well.PC Growth: Morgan Stanley raised PC growth forecasts by 4%. This adds momentum for technology stocks and will be bullish for Dell (DELL), Hewlett-Packard (HPQ), Apple (AAPL), Intel (IMTC), and AMD (AMD).Stem Cell: Najarian says the pure play in the stem cell space is Geron (GERN). For other big caps look at Celgene (CELG), Amgen (AMGN) and AstraZeneca (AZN).Dubai announced on Thursday a 20% stake in both the NASDAQ and London Stock Exchange. Higher oil prices have left the Gulf state flush with cash. Macke says look at Tiffany's (TIF) and Saks (SKS) and get ahead of the possibility of Dubai taking a stake in these firms. Adami says buy Fluor (FLR) and McDermott (MDR). Finerman would play the exchange names like NASDAQ (NDAQ), NYMEX (NMX), and NYSE (NYX).POPS & DROPSPOPS: Athenahealth (ATHN), Monolithic Power Systems (MPWR), Carnival Cruise (CCL), Motorola (MOT).Drops: CKE Restaurants (CKR), Pier One Imports (PIR), Lowe's (LOW), Infosys (INFY), Pacific Ethanol (PEIX).Face2FaceFirst writer said, "Lee Raymond, the former CEO of Exxon Mobil (XOM) has said that the price of oil shouldn't be $80 per barrel. If so, perhaps there is no "real" inflation at all. Finerman disagrees with the idea that speculators can control prices in the longer term.Another writer asked why EMC Corp (EMC) hasn't broken out of its current trading range, while VMware (VMW). Adami recalls that traders sold EMC to buy VMW, but those traders will be coming back to EMC. He expects EMC to go over $20.Final TradeMacke: Added to his position in Activision (ATVI).Adami: says buy Oracle (ORCL) as long as it stays above $20.50.Finerman: going long on BEA Systems (BEAS).Najarian: buy Sohu.com (SOHU)

Labels: AAPL, AMD, ATHN, AZN, CELL, COP, CREE, FDX, FLR, GS, NKE, ORCL, PEIX, SKS, SLB, TIF, VMW

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Oracle (NasdaqGS:ORCL - News) beat earnings expectations on Thursday afternoon, announcing $0.22 EPS over an expected $0.21 EPS. ORCL's PowerRating (for Traders) is 5.
Tektronix (NYSE:TEK - News) also beat earnings with $0.22 EPS over an expected $0.21 EPS. TEK's PowerRating (for Traders) is 5.
Circuit City (NYSE:CC - News) fell 17% on Thursday after missing earnings in the morning. Rivals Best Buy (NYSE:BBY - News) and Radioshack (NYSE:RSH - News) also dropped, in an industry-wide slip. CC's PowerRating (for Traders) is 4, BBY's PowerRating (for Traders) is 4 and RSH's PowerRating (for Traders) is 4.
General Motors (NYSE:GM - News) fell over 1% on reports of continued haggling over a union-run retiree health-care fund with the United Auto Workers. GM's PowerRating (for Traders) is 5.
Motorola (NYSE:MOT - News) gained over 3% on Thursday on analyst reports that rival Samsung is out of stock, giving MOT more room to sell products. MOT's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BBY, CC, GM, Hot Stocks, MOT, ORCL, RSH, TEK

Blue-chip stocks pared losses on Wednesday after energy stocks, including Exxon Mobil Corp. (NYSE:XOM - News), turned positive on data showing a surprise drop in weekly U.S. gasoline supplies.
The Nasdaq rose, helped by Oracle Corp. (NasdaqGS:ORCL - News) after the world's third-largest software company reported a higher quarterly profit.
The Dow Jones industrial average (DJI:^DJI - News) was down 34.79 points, or 0.26 percent, at 13,302.87. The Standard & Poor's 500 Index (^SPX - News) was down 1.59 points, or 0.11 percent, at 1,491.30. The Nasdaq Composite Index (Nasdaq:^IXIC - News) was up 4.24 points, or 0.16 percent, at 2,578.40.
Published by Reuters

Labels: ^DJI, ^IXIC, ^SPX, ORCL, XOM