Fast Money Halftime Recap: Clean Energy Fuels; Pops and Drops

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 |  Includes: CHK, CLNE, SGEN, T, VMI
by: David Alton Clark

Here are highlights of stocks discussed on CNBC’s Fast Money Halftime report, Friday July 15.

Clean Energy Fuels Corp. (NASDAQ:CLNE) - Brian Kelly of Brian Kelly Capital is bullish and says:

. “Eventually we’re going to have natural gas powered vehicles, especially in the trucking sector.”

BHP Billiton (NYSE:BHP) offered $12.1 billion for the acquisition of Petrohawk Energy (NYSE:HK), a 60% premium to Petrohawk’s closing price. (Read about it here)

Clean Energy Fuels Corp., together with its subsidiaries, provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company is trading on par with analysts' estimates. CLNE has a median price target of $16 by 6 brokers and a high target of $22. The last up/downgrade activity was on Oct 28, 2010, when Barclays Capital initiated coverage on the company with an Equal Weight rating.

Pops and Drops Highlights

Pops:

Chesapeake Energy Corporation (NYSE:CHK) – Up 7% - Pete Narjarian of TradeMonster.com said:

“Everybody’s getting revalued now after this Petrohawk deal and because of that you're getting a big pop today in Chesapeake.”

Chesapeake Energy Corporation, together with its subsidiaries, produces natural gas in the United States. The company is trading below analysts' estimates. CHK has a median price target of $39.50 by 24 brokers and a high target of $56. The last up/downgrade activity was on May 4, 2011, when Global Hunter Securities downgraded the company from Buy to Accumulate.

Valmont Industries, Inc. (NYSE:VMI) – Up 7% - Patty Edwards of Trutina Financial is bullish and says:

“This one is a sleeper. They not only had fabulous earnings but, these guys make light poles and irrigation equipment… this is a play on the farmers having a lot of money.”

Valmont Industries, Inc. produces and sells fabricated metal products, pole and tower structures, and mechanized irrigation systems in the United States and internationally. The company is trading below analysts' estimates. VMI has a median price target of $119 by 6 brokers and a high target of $135. The last up/downgrade activity was on Jan 6, 2011, when Deutsche Bank initiated coverage on the company with a Buy rating.

Drops:

AT&T, Inc. (NYSE:T) – Down 1% - Brian Kelly of Brian Kelly Capital is bearish and says:

“Yeah just like my phone calls on their network, it may indeed actually get a pop if you see an iPhone five but I'd rather have Apple (NASDAQ:AAPL).”

AT&T Inc., together with its subsidiaries, provides telecommunication services to consumers, businesses, and other service providers worldwide. The company is trading below analysts' estimates. T has a median price target of $32.50 by 25 brokers and a high target of $36. The last up/downgrade activity was on Jun 24, 2011, when Kaufman Bros initiated coverage on the company with a Hold rating.

Seattle Genetics Inc. (NASDAQ:SGEN) – Down 8% - Jon Narjarian of OptionMonster.com said:

“Yeah they got good news from an advisory panel but the bad news was as part of those results, that they have to go back for more trials those are costly that's why the stock is down 8%.”

Seattle Genetics, Inc., a clinical stage biotechnology company, focuses on the development and commercialization of monoclonal antibody-based therapies for the treatment of cancer and autoimmune diseases in the United States. The company is trading below analysts' estimates. SGEN has a median price target of $20 by 14 brokers and a high target of $26. The last up/downgrade activity was on Mar 9, 2011, when BioLogic Equity Research initiated coverage on the company with a Sell rating.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.