Economy Blog

Word On The StreetWORD VIDEOYahoo FutureShares of Yahoo! (YHOO) fell 14% Monday after Microsoft (MSFT) withdrew its bid of $47.5 billion. What should Yahoo do now? Finerman highlighted three possible outcomes for Yahoo: shareholders could nominate a new board, the company sets a new date for a shareholder meeting and the Yahoo board just simply gives in to investors….
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Strong American TradeSteve Cortes, founder of Veracruz Realtime Market Research joined the traders to discuss American stocks. Cortes thinks American companies could be poised for a comeback because spending on the war could be near a plateau and the Fed looks like it is done cutting rates. He thinks if these things happen the dollar could be ready for strong rebound. Cortes said investors should look towards domestic companies over mega-exporters. He would avoid McDonald’s (MCD) and look at Wal-Mart (WMT) and UPS (UPS). He also suggested hedging the the long ideas with shorting foreign markets like iShares MSCI Germany index Fund (EWG) or iShares MSCI Spain Index (EWP).G…
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Gross TradeThe traders highlighted some stock ideas for everyday “gross products” that American consumers can’t avoid even during tough economic times. One company the crew looked at was Church & Dwight (CHD), which makes wax strips, laxatives, denture adhesives and disinfectants. Adami said CHD is a great growth story with a better valuation than Procter & Gamble (PG). Najarian r…
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Trader RadarShares of Pfizer (PFE) were among the most actively traded stocks on the NYSE Monday.POPS&DROPSPOPS- CVS Caremark (CVS) traded up 3% after Goldman Sachs analyst said Wal-Mart’s plans to expand its discount drug program wont hurt CVS. Macke said Goldman is wrong. Walter Industries (WLT) popped 12%. Najarian …
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Trader RadarShares of Pfizer (PFE) were among the most actively traded stocks on the NYSE Monday.POPS&DROPSPOPS- CVS Caremark (CVS) traded up 3% after Goldman Sachs analyst said Wal-Mart’s plans to expand its discount drug program wont hurt CVS. Macke said Goldman is wrong. Walter Industries (WLT) popped 12%Final TradeMacke picked Hasbro (HAS). Adami suggested Anheuser-Busch (BUD). Finerman selected ValueClick (VCLK). Najarian said buy AT&T (T).
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