Fast Money's 3 Fallen Angel Stock Plays
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Date updated:10-07-2009

Options expert Jon Najarian appeared as a guest to make some "fallen angel" picks: downtrodden stocks that could spike in the fourth quarter.

symbol name last price % change open
  • +
  • LEAP
    Leap Wireless Int
  • $14.53
  • +1.82%
  • $14.01

The stock is down 41% in the quarter and I think at $19 it’s a pretty good buy. At less than half the 52-week high, the stock looks like a bargain. - Jon Najarian

People owning LEAP also tend to own: AAPLAMTCOPGOOGIMCLJNJLTR

TheStreet.com Rating: D What is this?

  • +
  • SYNA
    Synaptics Incorpo
  • $26.17
  • +2.71%
  • $25.73

This company makes touch applications for computers and smartphones. If Apple ever comes out with a tablet I think Synaptics would be a big part of it. The stock is down about 35% for the quarter. - Jon Najarian

People owning SYNA also tend to own: AMGNAPCCNQRMMMMSFTNBRPRMSX

TheStreet.com Rating: C+ What is this?

  • +
  • WFR
    Memc Electronic M
  • $11.98
  • -0.83%
  • $12.39

This company has worked through inventories and I think they get some pricing power back.

People owning WFR also tend to own: ENERHTELUKMICCPSQXTOQQQQ

TheStreet.com Rating: D+ What is this?

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