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.

symbol name last price % change open
  • +
  • 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.

People owning JEC also tend to own: AKAMCMGFCXGOOGRIGTJXCHL

TheStreet.com Rating: C What is this?

  • +
  • 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.

People owning CBI also tend to own: APABGCBHPIPSSSRIAPCAPP

TheStreet.com Rating: C- What is this?

  • +
  • 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.

People owning APA also tend to own: BGCBHPCBIIPSSSRIAAPLAUY

TheStreet.com Rating: C What is this?

  • +
  • MCD
    Mcdonald's Corp
  • $60.38
  • +0.89%
  • $59.57

We’re also keeping an eye on McDonald’s (MCD) in the consumer space.

People owning MCD also tend to own: DENNDRTEHNZIASGJRCCNOOFPBY

TheStreet.com Rating: A- What is this?

  • +
  • GOOG
    Google Inc.
  • $428.40
  • +0.43%
  • $426.74

Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • RIMM
    Research In Motio
  • $82.61
  • +0.56%
  • $82.02

Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: C+ What is this?

  • +
  • AAPL
    Apple Inc.
  • $139.49
  • +0.10%
  • $138.99

Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) in tech.

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B- What is this?

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A. MCD and YUM with no doubt in mind. I am
long both.

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