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Word On The StreetWORD VIDEOBuffett Buying IdeasThe traders gave out their suggestions for stocks they think Warren Buffett should buy. Finerman said Phillip Morris (PM). Adami picked 3M (MMM). Macke said Buffett should buy Microsoft (MSFT). Seymour recommended Grupo Televisa (TV).Cisco Earnings TradeCisco Systems (CSCO) is set to report earnings on Tuesday after the market close. What is the trade? Adami advised investors to take some profits into earnings. Seymour said he is a buyer based on the international exposure for CSCO. Macke explained that CSCO is best of breed and he would get long….
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2 May, 2008| Economy |
@ 17:59
Movie TradeLehman Brothers media analyst Anthony DiClemente joined the traders to discuss his take on summer movie season. DiClemente explained that this season there’s a lack of sequels - 7 vs. 15 last year - and box office grosses could fall 10% year-over-year. He said Viacom (VIA) could be a big winner, because the company is set to release the Indiana Jones sequel. However, investors should note that Viacom’s deal is only a distribution agreement. Macke said if box office sales are down investors should look at Disney (DIS) and Hasbro (HAS). Q…
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2 May, 2008| Economy |
@ 17:44
Fast FireAdami said buy Genetech (DNA), due to its cheap valuation. He was dead wrong and the stock fell after the company’s Rixutan failed in a study as a treatment for lupus. Adami said the stock is cheap, but buy at your own risk. Recently, Finerman told investors to short Capital One (COF). Shares of the credit card issuer traded higher since her call. Finerman …
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2 May, 2008| Economy |
@ 17:28
Trader RadarShares of Visa (V) were among the most actively traded stocks on the NYSE Friday.POPS&DROPSPOPS- Comcast traded up 12%. WM Wrigley (WWY) popped 21%. Dolby Laboratories (DLB) jumped 13%. Jones Apparel (JNY) popped 16%. Children’s Place (PLCE) advanced 14%. Giant Interactive (GA) rose 27%.DROPS- SunMicrosystems (JAVA) plunged 19%. Deere (DE) fell 5%. Altria (MO) lost 6%.Final TradeMacke picked Microsoft (MSFT). Adami selected UPS (UPS). Finerman recommended Philips Morris International (PM). Seymour said buy Unibanco (UBB).
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2 May, 2008| Economy |
@ 17:18
Final TradeMacke picked Microsoft (MSFT). Adami selected UPS (UPS). Finerman recommended Philips Morris International (PM). Seymour said buy Unibanco (UBB).
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2 May, 2008| Economy |
@ 16:51
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