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, August 12

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 : Nordstrom (JWN - Get Report), Apache (APA - Get Report),and Sanofi-Aventis (SNY - Get Report).

On "Fast Money," Guy Adami said he thought that Nordstrom had hit its bottom. He recommended going long with a stop at $40. The stock is currently trading below the 200-day moving average. Fitzpatrick said he thinks the stock will test that level and sees potential upside for the stock. He said to use $40 as a reference but not a stop.

Also on Thursday's "Fast Money," Dan Dicker looked at oil stocks with cheap valuations, including Apache. The stock is currently trading near $103. Fitzpatrick said he sees resistance around $115, giving the stock a potential upside of $12. The stock's recent low was around $93 but Fitzpatrick recommended keeping a stop closer to $97 and buying on a pullback as long as it doesn't dip below the stop.

Finally, Fitzpatrick examines at Sanofi-Aventis, a company Cramer featured last night on "Mad Money." Fitzpatrick said Sanofi-Aventis was generally trending higher. He said the stock is oversold, and he thinks now is the time to buy.
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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
APC $52.75 -0.85%
APA $54.42 -1.80%
BMY $72.23 -0.04%
CHK $6.83 0.74%
JWN $51.14 -3.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs