Fast Money Picks For December 30th (SWN, MAS, MCP, MSFT, QCOM)

On CNBC's Fast Money, Jon Najarian suggested that it would be a good idea to take a long position in Southwestern Energy Company SWN on Thursday. He already owns this stock. Southwestern Energy Company (SWN) gained 1.26% and closed at $37.01. Pete Najarian thinks that Microsoft Corporation MSFT will continue to go higher, and wants to buy the stock. Microsoft Corporation (MSFT) fell 0.14% today, and closed at $27.97. Steve Cortes said that Masco Corporation MAS broke its support today. Mr. Cortes thinks that investors should sell short home builders. Masco Corporation (MAS) fell 0.24% today, and closed at $12.71. Todd Gordon wants to sell Molycorp, Inc. MCP. He explained that Molycorp (MCP) is near $50, and it is also near its 50% retracement. Molycorp, Inc. (MCP) spiked 6.76% today, and closed at $49.30. Stephen Weiss believes that QUALCOMM, Inc. QCOM will make new highs by the end of the week. QUALCOMM, Inc. (QCOM) gained 0.26% today, and closed at $49.99.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBuilding ProductsCommunications EquipmentEnergyIndustrialsInformation TechnologyJon NajarianOil & Gas Exploration & ProductionPete NajarianStephen WeissSteve CortesSystems SoftwareTodd Gordon
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