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- Fast Money Recap
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Word On The StreetWORD VIDEO HEREEarnings TradeNext week Wal-Mart (WMT) and Hewlett-Packard (HPQ) are set to report earnings. What is the trade? Adami said HPQ should say good things, but he isn’t sure if the stock will do well in the short-term. He said he likes shares of HPQ for the long-term. Najarian said HPQ’s P/E is cheap and he is looking for an impressive earnings report. Macke thinks HPQ will report a good quarter. Finerman said she wants to see what WMT’s profit margins will be. She thinks margins are going to narrow, but that is already priced into the stock. Macke said guidance will be key from WMT. Najarian likes that WMT is going to cash consumer’s rebate checks for free….
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9 May, 2008| Economy |
@ 17:55
- Fast Money Recap
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Fast FireFinerman recommended aerospace play Kaiser Aluminum (KALU) before earnings. She was dead wrong and the stock fell 8%. She said she bought more of the stock on the pullback. Macke told investors to buy World Wrestling Entertainment (WWE). Shares have dropped 12% since his call, but he said to buy the stock right here. Pete Najarian and Guy Adami picked Citigroup (C). The traders were way off on this call and shares slid 8%. They both think the stock is a buy now.F…
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9 May, 2008| Economy |
@ 17:13
- Fast Money Recap
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Final TradeShares of Priceline.com (PCLN) were among the most actively traded names on the Nasdaq Friday.POPS&DROPSThe following stocks made up some of the big movers for the week.POPS- Sprint (S) traded up 20% after news broke that Deutsche Telekom is considering a bid for Sprint Nextel. Alcoa (AA) popped 8%. Adami said he likes AA. H&R Block (HRB) popped 5%. Applied Micro Devices (AMD) added 13%. True Religion Apparel (TRLG) jumped 16% after the high-end jean maker reported a 35% jump in profits and raised its full year outlook. Macke said sell this stock.D…
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9 May, 2008| Economy |
@ 17:00
- Fast Money Recap
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Final TradeMacke said buy UPS (UPS) if Fedex (FDX) takes it down. Adami selected Tesoro (TSO). Finerman said buy June $45 call options on Valero (VLO). Najarian recommended buying Hewlett-Packard (HPQ) ahead of the earnings call.
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9 May, 2008| Economy |
@ 16:44
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