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Here are the highlights of stocks discussed on CNBC’s Fast Money Final Trade Segment on July 21:

Final Trade Highlights

Lorillard, Inc. (NYSE:LO) – Kelly was bullish on the name and stated: “Phillip Morris (NYSE:PM) had good earnings today, the way to play it… Lorillard LO.”

Lorillard, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. The company is trading below analysts' estimates. Lorillard has a median price target of $120 by seven brokers and a high target of $124. The last up/downgrade activity was on Mar 18, 2011, when Davenport upgraded the company from Neutral to Buy.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) – Adami was bullish on the name and stated: “(Go long) Chicago Bridge and Iron.”

Chicago Bridge & Iron Company N.V. (CB&I) provides engineering, procurement, and construction (EPC) solutions, as well as process technologies for the energy infrastructure projects. The company is trading below analysts’ estimates. Chicago Bridge and Iron has a median price target of $50 by 15 brokers and a high target of $53.50. The last up/downgrade activity was on Oct 20, 2010, when BB&T Capital Markets initiated coverage on the company with a Buy rating.

International Business Machines Corp. (NYSE:IBM) – Finerman suggested taking profits and stated: “Taking a little money off the table on IBM.”

International Business Machines Corporation (IBM) provides information technology (NYSE:IT) products and services worldwide. The company is trading on par with analysts’ estimates. IBM has a median price target of $180 by 21 brokers and a high target of $205. The last up/downgrade activity was on Apr 11, 2011, when Canaccord Genuity downgraded the stock from Buy to Hold.

Caterpillar Inc. (NYSE:CAT) – Terranova was bullish on the name and stated: “Caterpillar goes higher tomorrow morning, go with it. This is the type of a market where you add to your longs.”

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company is trading below analysts’ estimates. Caterpillar has a median price target of $135 by 16 brokers and a high target of $150. The last up/downgrade activity was on Jun 16, 2010, when Jefferies initiated coverage on the company with a Buy rating.

Source: CNBC's Fast Money Recap: Final Trade Highlights July 21, 2011