Fourth Dow record in a row. Bad Moves can happen to Good Stocks.
WMT Finds Itself
Macke: WMT has a problem of not being able to get better margins. People who buy WMY trash are goats. WMT still has the same old problems. Not a buy…it’s a yawner.
Adami: You have to own the RTH.
Bolling: WMT still has upside potential.
XM-Sirius Trade
Will the FCC approve the merger?
Macke: Natural merger, but the FCC will probably gum up the works.
Strazzini: There is a 50/50 chance this deal actually happens, and that’s already priced into the stock.
Adami: LAZ is a good play on this.
Bolling: Why doesn’t a company like Apple buy XM/Sirius? That would be a match made in heaven for the content. This wouldn’t happen until XM/Sirius merge.
SIRI will probably have better upside volatility.
HPQ Done Printing Money?
Adami: The easy money has already been made in this stock. But it still has a $47-48 handle on it. Still a BUY.
Macke: I disagree. The current price for HPQ is fair. Don’t buy this stock.
Bolling: Stay with HPQ and stay away from DELL.
Strazzini: I tend to agree with Macke on HPQ. It’s higher risk than it used to be. Don’t buy HPQ.
Take Your Position
Macke: Consumer names were on fire today. ANF earnings come out tomorrow. Stick with COH and GES. The jury is out on ANF. Pull back a little bit since the Street seems to be selling on good news.
Adami: AMZN is a SHORT.
Double Down
BYD was bid up 7% today.
Paul Chakmak, CFO of BYD on the phone: Explosive growth in Las Vegas, BYD looking forward to a bright future there in 2007. We have lots of growth underway with new properties opening up.
Bolling: What’s the plan for Macau?
Paul: No near-term opportunities for us there. Maybe long-term. We’re concentrating on our domestic business.
Bolling: It’s safe to be in this space. Look for a pullback in BYD and WYNN, buy on the dips.
Adami: Definitely buy BYD.
Strazzini: Buy PENN and BYD.
Macke: HLT is a BUY.
HD is focused on the fact that they can’t control the housing market, but they can streamline their own operations. I still like HD.
Strazzini: HD is a BUY.
Bolling: Don’t buy HD yet, it’s not time.
When Castro brothers die, Communism will die in Cuba. BUY VMC and FRK.
Adami: Don’t buy JBLU tomorrow, but pick it up when it’s down in the low $12’s.
Strazzini: Completely agree.
Bolling: SMG, DE and PICO are all still in play.
>>Happy 52 Week High to FOSL<<
Face2Face
Kate in CA– How should I invest for my kids’ education?
Adami: At 10% interest, your money will double in 7 years. TMW is a pretty safe bet. BUY it and leave it alone.
Andrea in ME– What’s a good money center bank stock to own?
Strazzini: BAC is a good stock to own, has a great B-model. Barclay’s is too pricey. Stay away from the regional banks.
Jose in NC– What are the best low-management stocks to own?
Bolling: BUY ETFs in sectors you like and countries. Look at PPA and EWL.
Trading the Globe: Japan
Strazzini: Japan is ready to raise interest rates but they are moderating the economy first. BUY ITF.
Bolling: Japan has negative demographics trends. EWY is better.
Macke: BUY TM. Don’t buy the whole Japanese market.
Final Trade
Bolling: BUY GS.
Adami: RIN is a BUY.
STrazzini: TNE is a BUY.
Macke: TGT is a BUY.

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