Fast Money Stock Picks Tuesday 02/20/07

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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