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The Latest Picks That Paid – Friday July 24th

Our traders are good but you knew that. Check out their latest picks that paid in a feature we call “Quicker Than The Ticker.”

Steve Grasso

On July 20th the Governor thought stalemate in Congress would be healthy for HMOs. “If you're playing the space look for the biggest player. UnitedHealth is the biggest player. I'm seeing money flows into UNH. I'd play it that way.”

This trade left Grasso feeling pretty good. Shares of United Health have climbed 9% due to legislative logjam.

Symbol
Price
 
Change
%Change
UNH
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Joe Terranova

On July 14th The Liquidator took insight from Intel . “This is a bellwether,” he said. “Intel should move higher and take the rest of the market with it. It probably sets us up nicely here as you roll forward into next week.”

Terranova’s trade was pretty Intel-igent. The S&P has soared 11% in the days following Intel’s earnings.

Symbol
Price
 
Change
%Change
S&P 500
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Pete Najarian

On July 13th the Pit Boss spotted a charge card stock set to charge higher. “Discover Financial, this is a name that last week got a little bit of love, and today you got a conviction buy from Goldman Sachs,” he said. “I like this name, I think there's still plenty of upside here.”

Najarian discovered a profitable trade. Discover Financial soared 21% in recent days after Sterne Agee said the stock was a “buy.”

Tim Seymour

On July 9th the Ambassador drilled deep for a dividend trade. “Diamond Offshore is a name I love,” he said, “They pay a special dividend coming up in July; these guys have been paying 4% to 6% a year, and at the same time, they've been heavily beaten up from a technical standpoint. This is a great place to get in.”

Seymour’s trade hit paydirt. Shares have shot 24% higher since he recommended a long position.

Now that’s Fast Money.



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Trader disclosure: On July 24th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Seymour Owns (TSL), (MSFT); Grasso Owns (ASTM), (BAC), (BA), (COST), (FAZ), (OXY), (V), (WMT), (XLF), (T); Terranova Owns (MSFT), (MCD), (GOOG), (AMZN), (AXP); Najarian Owns (CSCO) Call Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (JPM) And Is Short (JPM) Calls; Najarian Owns (MCD) And Is Short (MCD) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Call; Najarian Owns (YHOO) Call Spread; Najarian Owns (V) And Is Short (V) Calls; Najarian Owns (HIG) Calls

For Steve Grasso:
Stuart Frankel And Its Partners Own (ABT)
Stuart Frankel And Its Partners Own (CUBA)
Stuart Frankel And Its Partners Own (GERN)
Stuart Frankel And Its Partners Own (MSFT)
Stuart Frankel And Its Partners Own (NWS.A)
Stuart Frankel And Its Partners Own (NXST)
Stuart Frankel And Its Partners Own (NYX)
Stuart Frankel And Its Partners Own (PDE)
Stuart Frankel And Its Partners Own (PRST)
Stuart Frankel And Its Partners Own (RDC)
Stuart Frankel And Its Partners Own (ROK)
Stuart Frankel And Its Partners Own (TLM)
Stuart Frankel And Its Partners Own (XOM)
Stuart Frankel And Its Partners Own (XRX)
Stuart Frankel And Its Partners Own (SDS)

For Joe Terranova:
Terranova Works For (VRTS)
Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO
Virtus Diversifier PHOLIO Owns (IGE)
Virtus Diversifier PHOLIO Owns (DBC)
Virtus Diversifier PHOLIO Owns (DBV)
Virtus Investment Partners Owns More Than 1% Of (ABD)
Virtus Investment Partners Owns More Than 1% Of (CBL)
Virtus Investment Partners Owns More Than 1% Of (CAL)
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (MEE)
Virtus Investment Partners Owns More Than 1% Of (DBC)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (DBA)
Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co
Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights
Virtus Investment Partners Owns More Than 1% Of (SKT)
Virtus Investment Partners Owns More Than 1% Of (TNB)
Virtus Investment Partners Owns More Than 1% Of (UA)
Virtus Investment Partners Owns More Than 1% Of (WBMD)

Stuart Frankel Clients Owned (UNH) On 7/20/09
Seygem Asset Management Owned (DO) On 7/9/09