Today Jeff says add COST stock to your portfolio in the $50’s and sell in the $60’s. (It’s worth noting on Friday September 7th COST shares closed at $57.)
Guy Adami
Just this week, on Wednesday September 5th, The Negotiator felt umm-umm good about his Web-Extra pick. He said, "I like Campbell's Soup (CPB). It’s a huge growth story."
But disappointing earnings sent shares down 6% since Adami's call leaving him with a bad taste in his mouth.
Today Guy admits his timing was off and he was wrong about this play.
Karen Finerman
On Tuesday September 4th, The Chairwoman was bullish on a back-to-school pick. She said, “I like Office Depot (ODP). The back to school customer is still there."
School may be on -- but the trade was off. Shares of Office Depot declined 18% after the company slashed guidance.
Today Karen says cut your losses and get out.
Pete Najarian
And finally, on Wednesday September 5th, The Pit Boss looked into the palm of his hand and offered this tech play. He said, “Look at Research in Motion (RIMM). I think all these gadget makers will continue to go strong."
But shares of RIMM have been off 4%, perhaps in response to the price reduction in Apple's iPhone.
Today Pete says he still likes this company and he doesn’t regret the call.