SAN DIEGO ( TheStreet) Dan Fitzpatrick at RealMoney.com, talks about three stocks on CNBC's "Fast Money" and "Mad Money" and gives his thoughts on how investors can use those ideas to grow their money. Today's stocks include : Philip Morris (PM), Nike (NKE),and Southern Company (SO),
On Monday's "Mad Money," Jim Cramer looked at cigarette-maker Philip Morris. The stock had been in an up-trend before moving back down to the 50-day moving average. Fitzpatrick said he would not buy the stock now, unless it starts heading down closer to the 200-day moving average.
The next stock Fitzpatrick looks at is Nike, which announced better than expected earnings Monday after the market closed. After an upward trend, Fitzpatrick said the stock was consolidating. He recommends selling the stock, which was trading at the top of its short-term trading box yesterday.
The last stock Fitzpatrick highlights is Southern Company. The utility company has a 4.7% dividend and is trading at close to its high. Fitzpatrick set a support for this stock just above $39 and recommends buying as close to support as possible. He said it's a solid stock to own, with a healthy dividend.
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