Fast Money's Stocks With Snap Back Potential
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Created by barrons2
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Date updated:01-23-2008
After months of accurately calling for declines Carter Worth, Chief Market Technician at Oppenheimer is now seeing a bounce.
Avoid stocks with established downtrends (typically financials and retailers) and instead seek out strong stocks in well defined uptrends that have sold off sharply and have snap back potential, Worth says.
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JEC
Jacobs Engineerin - $44.88
- 0.00%
- $45.00
I recommend looking at industrial names such as Jacob Engineering (JEC) and Chicago Bridge (CBI) as well as Apache (APA) in the energy sector.
-
CBI
Chicago Bridge & - $12.87
- 0.00%
- $13.14
I recommend looking at industrial names such as Jacob Engineering (JEC) and Chicago Bridge (CBI) as well as Apache (APA) in the energy sector.
-
APA
Apache Corp. - $85.57
- 0.00%
- $85.58
I recommend looking at industrial names such as Jacob Engineering (JEC) and Chicago Bridge (CBI) as well as Apache (APA) in the energy sector.
-
MCD
Mcdonald's Corp - $60.38
- +0.89%
- $59.57
We’re also keeping an eye on McDonald’s (MCD) in the consumer space.
-
GOOG
Google Inc. - $428.40
- +0.43%
- $426.74
Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.
-
RIMM
Research In Motio - $82.61
- +0.56%
- $82.02
Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.
-
AAPL
Apple Inc. - $139.49
- +0.10%
- $138.99
Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.
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