'Fast Money' Recap: What Would Warren Do?

Boeing(BA Quote) fell 4% after the aerospace giant said 787 production is on track. Adami likes the stock, but unfortunately his call has been wrong.

Medarex(MEDX Quote) plunged 21% after news came out that the biotech's experimental skin care drug failed in clinical trials. Najarian explained that this is the risk with biotech stocks when they miss.

Echostar(DISH Quote) fell 3% after AT&T said it will put off its decision on a satellite partner until 2008. The lesson here (according to Macke) is not to buy stocks that gap higher because Barron's told you so

Wyndham Worldwide(WYN Quote) fell 10% after the hotel operator guided lower for 2008. Finerman remarked that this was a hard drop.

Starbucks(SBUX Quote) fell 4% after Goldman Sachs dropped its rating to Neutral on the coffee chain. Adami predicts that SBUX is going to $18.

Kroger(KR Quote) fell 6% after the grocery store chain said third-quarter margins were lower then expected. Macke explained that wheat and cheese prices hurt KR.

Final Trade

The team shares their best ideas for trades with viewers.

• Finerman reiterated her long Goldman Sachs Group(GS Quote) and short Lehman Brothers Holdings(LEH Quote) position.
• Macke would purchase McDonald's(MCD Quote) and AT&T(T Quote) on any dips.
• Adami recommended Cisco Systems(CSCO Quote).
• Najarian prefers Juniper Networks(JNPR Quote).