This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks I Saw on TV, July 21

SAN DIEGO ( TheStreet) - Dan Fitzpatrick at, 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 : Chipotle Mexican Grill (CMG - Get Report), HealthSouth (HLS - Get Report),and Apple (AAPL - Get Report),

The first stock Fitzpatrick looks at is Chipotle Mexican Grill. Jim Cramer spoke to the CEO of the company on "Mad Money" last night. Chipotle announced disappointing earnings Wednesday, and the stock closed down about 1%. Fitzpatrick calls it a buy - just not yet. He anticipates a pull back and said it was risky to buy while the stock is trading so high above the 50-day moving average. He said to exercise caution.

Cramer likes HealthSouth. The stock has been trading down, but Fitzpatrick says he does not think it's going much lower. He said it is near a support level and that now is the time to buy, not sell. Ultimately, he sees the stock moving higher in the long term and recommended taking advantage of what he calls the current weakness of the stock.

Finally, Fitzpatrick looks at Apple. Yesterday on CNBC, Cramer said the stock could go up to $500. Fitzpatrick said this could happen within a year. The stock has been trading in a tight range for a while and Fitzpatrick said it's poised to break out.

At the time of publication, Fitzpatrick was long XXX, though positions may change at any time.

Dan Fitzpatrick is the publisher of, an advisory newsletter and educational forum dedicated to teaching effective risk management and trading methodologies to aspiring traders and investors. He is a former hedge fund manager and a member of the Market Technicians Association, and he now trades from his home in San Diego, Calif. While Fitzpatrick holds various securities licenses, he does not give recommendations to buy or sell stocks. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. He appreciates your feedback; click here to send him an email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $124.75 0.00%
CMG $683.95 0.00%
HLS $45.74 0.00%
HPQ $32.53 0.00%
T $32.51 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs