Adami said at this price, Pfizer was a buy: “I’m a PFE fan.”
Anthony Scaramucci of SkyBridge Capital agreed.
“You’re seeing all the right trends there,” he said. “It’s a very cheap stock and it’s set up nicely for 2012.”
Boeing increased its dividend 5 percent to 44 cents per share, and Ingersoll-Rand upped its dividend 33 percent to 16 cents.
Adami said IR stock, down 31.8 percent year to date, was “effectively grim death” for anyone who’s owned it.
Ingersoll-Rand shares dropped 2.87 percent to close at $32.11.
“You want a stock’s dividend to grow because they raise the dividend as the stock continues to go up,” he said. “They raised the dividend, yes, but it grows also because the stock continues to get lambasted.”
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Trader disclosure: On Dec. 12, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Seymour is long AAPL; Seymour is long BAC; Adami owns C; Adami owns GS; Adami owns MSFT; Adami owns INTC; Adami owns AGU; Adami owns NUC; Adami owns BTU; Terranova is long ; Terranova is long SU; Terranova is long CAT; Terranova is long CNI; Terranova is long LQD; Terranova is long MUB; Terranova is long IBM; Terranova is long EMC; Terranova is long SWN; Terranova is long SBUX; Finerman is long AAPL calls; Finerman is long BAC; Finerman is long GLW; Finerman’s firm is long AAPL; Finerman’s firms is long JPM; Finerman’s firm is short IBM calls; Finerman’s firm GLW; Nations is long SPY; Nations is long C;
For James West
West is long gold
For Anthony Scaramucci
Sky Bridge Capital is long INTC
Sky Bridge Capital is long GOOG
Sky Bridge Capital is long GS
Sky Bridge Capital is long EBAY
Sky Bridge Capital is long AAPL
For Jim Flaws
Flaws owns GLW
For David Strasser
Janney Montgomery Scott is a market maker in the securities of BBY, and may at any time hold a long or short position in this security.
Janney Montgomery Scott may seek compensation for investment banking services from the subject company (ies) BBY security in the next 3 months.
The research analyst is compensated based on, in part, Janney Montgomery Scott's profitability, which includes its investment banking revenues.
For Chris Danely
Lead or Co-manager: J.P. Morgan acted as lead or co-manager in a public offering of equity and/or debt securities for Texas Instruments within the past 12 months.
Client: J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients: Texas Instruments.
Client/Investment Banking: J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as investment banking clients: Texas Instruments.
Client/Non-Investment Banking, Securities-Related: J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients, and the services provided were non-investment-banking, securities-related: Texas Instruments.
Client/Non-Securities-Related: J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients, and the services provided were non-securities-related: Texas Instruments.
Investment Banking (past 12 months): J.P. Morgan received in the past 12 months compensation for investment banking Texas Instruments.
Investment Banking (next 3 months): J.P. Morgan expects to receive, or intends to seek, compensation for investment banking services in the next three months from Texas Instruments.
Non-Investment Banking Compensation: J.P. Morgan has received compensation in the past 12 months for products or services other than investment banking from Texas Instruments.
For Macneil Curry
CNBC.com with wires.