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Fast Money Recap

Word On The StreetWORD ON THE STREET VIDEOGoogle TradeGene Munster, senior research analyst for Piper Jaffray joined the traders to discuss his thoughts on Google (GOOG). Munster said the stock has considerable upside. He likes the company’s acquisition of YouTube and he thinks advertisers will flock to the video-sharing site once Google figure out how to monetize it. Munster called Google the “Internet” because of its 70% domestic market share for search….
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  7 May, 2008| Economy | @ 17:55

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Fast Money Recap

Word On The StreetWORD ON THE STREET VIDEOGoogle TradeGene Munster, senior research analyst for Piper Jaffray joined the traders to discuss his thoughts on Google (GOOG). Munster said the stock has considerable upside. He likes the company’s acquisition of YouTube and he thinks advertisers will flock to the video-sharing site once Google figure out how to monetize it. Munster called Google the “Internet” because of its 70% domestic market share for search….
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  7 May, 2008| Economy | @ 17:27

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Fast Money Recap

Retail TradeRetail same-store sales figure are due out on Thursday. Wall Street expects the numbers to show a slight improvement from March, with major discounters expected to do the best. What is the trade? Najarian said watch Wal-Mart (WMT). He is seeing bullish options activity in the stock. Finerman said she likes WMT as well. Najarian said he is also seeing bullish options activity on A…
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  7 May, 2008| Economy | @ 16:59

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Fast Money Recap

Sea Change - Wireless WorldWireless Internet access anywhere anytime could seen be a reality for American consumers. A major multi-billion dollar deal was announced on Wednesday between Sprint Nextel (S) and Clearwire (CLWR) to bring WiMax technology to 140 million people by 2010. The new deal is being backed by Google (GOOG), Intel (INTC), Time Warner (TWX) and Comcast (CMCSA). What is the trade? Najarian said look at American Tower (AMT) or Crown Castle (CCI). Finerman disclosed she sold her CLWR position off the news. Macke advised investors to avoid Sprint and buy Intel.T…
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  7 May, 2008| Economy | @ 16:46

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Fast Money Recap

Trader RadarShares of Allergan (AGN) were among the most actively traded names on the NYSE.POPS&DROPSPOPS- Cephalon (CEPH) traded up 3% after analyst said pain pill Fentora could be approved for non-cancer pain. Owens Corning (OC) popped 7% after the postal meter maker beat profit estimates. Eagle Bulk Shipping (EGLE) rose 12% after the dry bulk shipper reported a 50% rise in profits. A…
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  7 May, 2008| Economy | @ 15:43

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