CNBC Stock Picks

Short time…

Says Kudlow.  While are not endorsing any candidate, stocks would surely love a pull out of Iraq in the short-term, although we may regret it in the long-term.  Which is better for the stock market McCain or Obama…we’ll see.

New Tech:  Buy ETN, PH, SQM, CAT

Old Tech:  INTC

Options activity says we can still buy coal stocks.

James River, Peabody, Massey Energy

Alpha Natural (ANR) a favorite of Fast Money co-host who also owns it.

Buy Wheat and firms like Monsanto.

Buy Lindsay Corp (LNN).

Buy Pentair (PNR) at $33.50

Get long Domtar (UFS)

Likes LEH because guest does not see a Bear Stearns outcome.

Buy Yhoo because MSFT has to buy Yahoo.  If it goes for $33, nice profit.

Says there are bombs on Buffett’s Berkshire Hathaway’s books.  I would never bet against Warren, but if Doug is correct, he will notch up in everyone’s creditability book.  If Warren is right, we are in for some rough times over the next 5 years.

Merger Arbritage trade time!

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