Fast Money Stock Picks Friday 02/16/07

Word on the Street

Adami: Own GS, MER and BSC.

Bolling: Bernanke is still giving us all the green light.

Strazzini: I’m concerned about the brokers; their Q1 earnings won’t be that good.

Tin Can Rally

Bolling: Metals have been on fire. BHP is a BUY. Stay with the miners and the steel stocks.

The Big TWO?

Macke: DCX rewarded by the market for the prospect of selling the Chrysler unit to GM, the biggest suckers in the world if this happens. Trim your position in DCX.

Strazzini: SELL DCX into this rumor now.

Housing Trade

Strazzini: It’s time to get out of the housing stocks. Get out Tuesday.

Adami: The entire housing sector is way too rich right now.

Macke: BUY TAP on the pullbacks! There is a perfect entry point right now.

The YHOO Trade

Macke: We could see an explosive YHOO rally in 2007.

Bolling: If YHOO doesn’t break through $33, don’t buy. That’s a key resistance level.

WMT Small Sales Growth

Macke: I’m still not interested in WMT, it’s a yawner. ANF is getting some pressure from GES, BUY both of these stocks.

Adami: BUY CTRN on the dips.

The HPQ Trade

Adami: HPQ will be fine. DELL and EK will be putting healthy pressure on the company. BUY HPQ.

Bolling: STay with HPQ and stay away from DELL.

Strazzini: Too risky to be in HPQ right now ahead of earnings.

Face2Face

Kim in MD– Is BEBE a good stock to own right now?

Macke: They aren’t hitting sales; get long on ANF or GES instead.

Jay in IL– Is it time to buy coke bottlers?

Strazzini: CCH and KOF have done great, will continue to be good buys, so you can get long here.

Sara in IN– Adami, what is your selling criteria?

Adami: You have to know what news is priced into a stock and how to act on it.

Ron in AZ– What about Canadian companies?

Bolling: SLW, CCJ, SU are BUYS. I love Canadian resource stocks.

Dudley in ME– What do you think of BID?

Strazzini: BID will keep doing well into 2008. It’s a BUY.

>Happy 52 Week High to CPB<<

FastFire

Bolling recommended buying powershorts (QID). it’s down 4% since then. Bolling says buy more QID, you’ll see a big correction soon.

Adami suggested shorting AMZN, and the stock is up since then. Adami says AMZN still way overweight, SELL it!

Strazzini recommended buying MSFT going into earnings. The stock is down since then. STrazzini says if you own it, sell it. Don’t buy it until it’s at least a buck cheaper.

Bolling: MSFT will go down to $25.

Macke said to get out of TIVO and the stock is up since then. He says to continue avoiding this stock despite the pop.

The LeBron Trade

Darren Rovell says NKE has the big NBA stars wearing their shoes in the All Star game. He showcased three pairs of extremely ugly shoes from Nike and Adidas.

Macke: Golf hasn’t really worked for Nike, but they have been doing well getting into all the sports markets.

Strazzini: NKE will do fine, it’s a BUY.

FINAL TRADE

Bolling: I’m jealous of Darren Rovell (stupid)

Adami: CTRN is a BUY.

Strazzini: Bet on Vanderbilt in the Florida vs. Vanderbilt game.

Macke: HD is a BUY after earnings.

The Kam family from Hawaii visited the set and gave all the guys leis.

Have a great weekend!

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