Wall Street was wrong…Consumer Tech is on fire! Flat screens and video games are driving a new tech rally. Software titles and console makers are finally shipping.
Adami: NTDOY.PK, THQI and ATVI are part of the New Tech Trade.
Adami: NCTY has been popping up, might be in talks with MSFT for an XBox partnership.
Strazzini: If you are in NCTY, SELL IT. ERTS and GME are much better conservative buys.
Adami: NTDOY.PK and ATVI are BUYS. Wii will outsell the PS3, which is becoming an also-ran product.
Bolling: AAPL chart is looking fantastic.
Adami: AAPL will trade down to around $83 in the next few weeks. When it does, BUY IT!
MSFT is trending up
Paul Meeks of MMH Advisors says that there are high hopes for MSFT, and their numbers should provide for a “decent outlook”.
Strazzini: MSFT will underpromise and overdeliver; the stock will trend a little bit higher.
Meeks adds that MSFT is 50% overvalued and could also be vulnerable to a collapse.
Bolling: If MSFT gaps up, you should get some good short-term upside.
Macke: If MSFT does well, buy the QQQQ. If MSFT does poorly, sell the QQQQ.
Singapore Stock Sling
Singapore is on it’s way to becoming the new Wall Street of Asia.
Strazzini: Hong Kong is overcrowded, has bad air quality and people are moving to Singapore. It’s becoming a major financial hub. Be aware of this reality and BUY EWS on the big dips. Definitely wait to buy EWS until the next big correction.
Adami: Another good Singapore play is LVS. Again, wait for a pullback to buy this stock.
Bolling: Since LVS is only starting to break ground on theor Singapore casino, you might want to wait to buy until next year.
Face2Face
Suzanne in CA– Now that the holidays are over, which retail stocks are fast money?
Macke: Buy the following:
Jim in VA– Will the coming metals boom positively affect LMC?
Adami: LMC is a great undervalued stock that no one knows about. Definitely a BUY.
Bolling: Zinc is the only metal to not rally. Wait until Zinc rallies, then look at LMC to buy.
Roger in ND– Is TNH a good buy?
Bolling: The chart for TNH looks great, this is a good fertilizer stock and it should prosper over the next year. SMG is a good fertilizer play too.
>>Happy 52 week high to OO<<
The Earnings Edge
NFLX is up 10% today in after hours trading. Netflix CEO Reed Hastings is on the phone, says that their subscriber base is up 51% Year-over-Year and revenues are up 43.6% Year-over-Year. Blockbuster is aggressively advertising and “doing a good job”, but NFLX’s subscriber base just keeps growing every Quarter. The online rental market is just huge and NFLX will continue to be a leader in the space.
EBAY was up 11% in after hours trading today on a strong outlook.
Strazzini: EBAY earnings were solid, guidance from the company for 2007 was exactly where the STreet was expecting. Auction listings were way up and PayPal/Skype contributed greatly to revenue growth.
Bolling: Make sure the stock takes out $33.95 before committing to a long-term buy.
The Boomer Trade
Bolling: Macau is the #1 gaming center in the world; bigger even than Las Vegas. Stan Ho is one of the biggest casino moguls in the world. His new company MPEL is a BUY.
Adami: ELY is a good boomer play to BUY on the dips. At $15, you absolutely have to own it.
Strazzini: The hospital space is better than consumer goods stocks. Assisted care living facilities will do extremely well in the coming decade.
Macke: CAKE is a fantastic boomer and takeover stock pick.
WGO CEO Bruce Hertzke on the phone, says that oil prices hurt their company over the past 18 months, but they are planning on strengthening sales from Boomers and other markets in the coming years.
Bolling: RV charts don’t look that great right now, this is not the right time to own these stocks.
The Final Trade:
Bolling: GLD
Adami: ELY
Strazzini: NOK
Macke: GPS
See you tomorrow night!

![Validate my RSS feed [Valid RSS]](valid-rss.png)
0 Responses to “Fast Money Stock Picks Wednesday 01/24/07”