In this post is a fresh list of 25 bullish stocks to watch for the week of September 14, 2009. I will be keeping my eye on all of these stocks this week, but chose only one to write a detailed option trade about this week.[More...]

Word On The Street
The Dow had its best one day performance on Tuesday for the month of September rocketing up 180 points. The Dow is now only off 5% of record levels. What is the trade? Tech stocks continue to outperform the markets. Pete Najarian says global growth continues to help the tech stocks. He likes SAP AG (SAP). Jeff Macke likes the tech stocks for capital expenditures and the consumer. Guy Adami still loves Hewlett Packard Company ( HPQ) and he thinks Dell Inc. (DELL) has a $30 handle. Oil traded up 1% as OPEC raised production less then expected. Macke says OPEC doesn’t matter anymore and they basically cheat. Najarian says the oil service sector keeps working and he likes Baker Hughes Incorporated (BHI), Schlumberger Limited (SLB), The Halliburton, Company ( HAL) National-Oilwell Varco Inc. (NOV) and BJ Services Company ( BJS) which he owns. Karen Finerman wonders if the peak oil theory will become relevant, but until it does she thinks demand for oil will increase. Texas Instruments Incorporated ( TXN) fell after hours on lighter then expected revenues. Adami likes TXN he thinks it’s a long term bull story. Financial stocks were some of the strongest performers on Tuesday led by Lehman Brothers Holdings Inc. ( LEH). Macke says Goldman Sachs Group Inc. (GS) closed the day not so great and he feels the market rally wasn’t really led by financials. Finerman thinks that GS will not report a record earnings number and Najarian disagrees and thinks they will report a monster earnings number. Macke says GS is a sell until they break $190 which is over head resistance. McDonald’s Corporation ( MCD) traded higher after reporting blowout August same-store sales. Macke likes McDonald’s off the weak dollar and he recommends owning it now. Finerman says the MCD numbers were strong on every front. Adami likes that MCD beat North American comps and Najarian likes that they had strong numbers in Asia. Masco Corporation (MAS) fell after a Merrill Lynch downgrade. Adami thinks that Merrill is late to the party and you can own Masco down here. He feels most of the bad news is in the stock. Finerman prefers American Standard Companies Inc. (ASD). Najarian highlighted unusual call options activity on St. Jude Medical Inc. ( STJ). Najarian says he is seeing monster options activity for the September $50 calls with over 14,000 contracts trading hands Tuesday. He feels that someone is placing a bet that the company is going to be acquired.
WORD ON THE STREET VIDEO HERE
Macke's Markup
WATCH THE MACKE MARKUP VIDEO HERE
Drug Trade
Big Pharma and Biotech continue to see positive news flow. The Fast Money crew continues to say buy these stocks into the end of the year. CNBC Pharma Report Mick Huckman joined the crew to discuss the drug stocks. Huckman says Amgen Inc. (AMGN) cleared a major hurdle after the FDA rejected new restrictions on the firms Anemia drug. Finerman says the Amgen news was bullish for Davita Inc (DVA). Arena Pharmaceuticals Inc. (ARNA) reported on Tuesday that its obesity drug doesn’t appear to cause Fen-Phen-like heart damage. Najarian says the market overreacted to good news on ARNA and traders should sell the rally. Sepracor Inc. (SEPR) shares traded higher after news that the firm plans to use GlaxoSmithKline plc ( GSK) to market Lunesta abroad. Adami says he loves GSK and the news is bullish for SEPR.
DRUG TRADE VIDEO HERE
Wireless World Play

Information that people exchange on there cell phone is growing leaps and bounds. Morgan Stanley says wireless data revenue will triple over the next five years. How do you play this? Najarian says the growth is coming from data. He is bullish on Juniper Networks Inc. ( JNPR), Cisco Systems Inc. (CSCO) , Nokia Corporation (NOK), Ericsson (ERIC), American Tower Corporation (AMT), Crown Castle International Corp. (CCI) and Research In Motion Limited (RIMM). Finerman would play this trend with FiberTower Corp. (FTWR) and Comverse Technology Inc. ( CMVT). Macke says Synchronoss Technologies Inc. ( SNCR) is going higher and the stock is a play on booting up your cell phone from anywhere. Adami says China Mobil Limited (CHL) still has room on the upside.
WIRELESS VIDEO HERE
Recession Trade
According Goldman Sachs strategist David Kostin a recession is in the cards for the U.S. Kostin recommends buying consumer staples and health care stocks if you want to play the market from a defensive standpoint. Should investors follow Goldman’s advice? Adami says Unilever PLC (UL) could move higher. Finerman says she agrees with Goldman’s rational and she would play Kraft Foods Inc. (KFT).
RECESSION VIDEO HERE
POPS&DROPS

POPS- The Blackstone Group L.P. (BX) traded up 5% after hitting a new low on Monday. Finerman says BX is good to own. eBay Inc. ( EBAY) popped 4% after bullish comments from a JP Morgan analyst. Macke says eBay is catching up. IHOP Corp. (IHP) traded up 5% after Fidelity Investments disclosed a 13% stake in the company. Finerman is bullish on the stock. General Motors Corporation (GM) traded up 5%. Adami says the CEO figured it out. American Eagle Outfitters Inc. (AEO) popped 9% after an insider bought a large chunk of stock. Macke says he would take some off here and he doesn’t like the group long or short. Western Digital Corporation (WDC) traded up 4% after raising earnings guidance. Adami loves the name. Nabi Biopharmaceuticals (NABI) exploded up 20% after the firm sold its Biologics division. Najarian says don’t look for anymore. Las Vegas Sands Corp. (LVS) traded up 8%. Finerman says she likes the gaming stocks. Option Express Holdings Inc. (OXPS) popped 3%. Najarian says Bank of America raised all the online brokers and that is good for OXPS.
DROPS- Countrywide Financial Corporation (CFC) traded down 2% after news that the company is looking for a second billion dollar infusion. Macke says get out! King Pharmaceuticals Inc. ( KG) dropped 7% after news that generic drugs can compete with the firm’s blood pressure drug Altace. Najarian thinks the upside is done.
POPS&DROPS VIDEO HERE
Final Trade
Macke likes Dick’s Sporting Goods Inc. ( DKS) and Under Armour Inc. (UA). Adami recommends GlaxoSmithKline plc (GSK) at $54. Finerman says buy American Standard Companies Inc. (ASD).
FINAL TRADE VIDEO HERE