'Fast Money' Portfolios of the Week
James Altucher
04/24/08 - 12:41 PM EDT
Updated from 7:03 a.m. EDT
The traders of
CNBC's "Fast Money" know exactly how to extrapolate the important data from Wall Street's daily news flow. The crew takes great pride in cutting through the market noise to find profit ideas.
The gang recently highlighted trading ideas that play off of stock fundamentals, hedge fund favorites and the booming hybrid car market. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Hedge Fund Favorites: Some major hedge funds are loading up on shares in a few firms in which they see tremendous value. On
last Thursday's "Fast Money" show, Pete Najarian told viewers, "
Thermo Fisher Scientific (TMO Quote - Cramer on TMO - Stock Picks) is a great stock because it's consistent and predictable but still manages to deliver growth, which is precisely why the hedge funds are buying it."
Fast Money's Hedge Fund Favorites include
Corning (GLW Quote - Cramer on GLW - Stock Picks) and
Altria (MO Quote - Cramer on MO - Stock Picks) among others.
Fast Money's Next Takeover Targets: The "Fast Money" traders noticed some unusual options activity in a few key stocks that could be suggesting a takeover is in the cards. On Monday's "Fast Money" show, Pete Najarian told viewers, "The options action in
RadioShack (RSH Quote - Cramer on RSH - Stock Picks) suggests to me that this stock could go higher."
Fast Money's Next Takeover Targets include
Lululemon Athletica (LULU Quote - Cramer on LULU - Stock Picks) and
Under Armour (UA Quote - Cramer on UA - Stock Picks) among others.
Fast Money's Hybrid Stock Plays: Hybrid sales in the U.S. surged 44% last year and accounted for 11% of domestic new car sales. On Tuesday's "Fast Money" show, Pete Najarian told viewers, "
General Motors (GM Quote - Cramer on GM - Stock Picks) and
Toyota (TTM Quote - Cramer on TTM - Stock Picks) plan to profit from the trend by introducing battery-run versions of the Chevy Volt and Toyota Prius by 2010."
Fast Money's Hybrid Stock Plays include
Energy Conversion Devices (ENER Quote - Cramer on ENER - Stock Picks) and
EnerSys (ENS Quote - Cramer on ENS - Stock Picks) among others.
Fast Money's Fundamental Stock Picks: Is now the time to get long momentum stocks, or should market players focus on fundamentals? On last Friday's "Fast Money" show, Karen Finerman told viewers, "I think the market is getting a little carried away. I have no idea where the market is going short term and I try not to focus on it."
Fast Money's Fundamental Stock Picks include
NYSE Euronext (NYX Quote - Cramer on NYX - Stock Picks) among others.
Fast Money's Russian Oil Stock Plays: The Russian oil market is booming. The country is producing 10 million barrels a day and exporting 70% of that crude and product. On
Tuesday's "Fast Money" show, Tim Seymour told viewers, "If you're looking for more trades, take a look at
Lukoil (LUKOY Quote - Cramer on LUKOY - Stock Picks)."
Fast Money's Russian Oil Stock Plays include the
Market Vectors Russia ETF (RSX Quote - Cramer on RSX - Stock Picks) among others.
Fast Money's Natural Gas Stock Picks: Natural gas demand continues to surge, and the "Fast Money" traders know just how to play it. On last Monday's "Fast Money" show, Pete Najarian told viewers: "Natural gas has another energy superhero besides me behind it. I'm talking about Boone Pickens. He was called crazy for saying oil was going to $100, but now he believes natural gas is the future."
Fast Money's Natural Gas Stock Picks include
BJ Services (BJS Quote - Cramer on BJS - Stock Picks) and
Nabors (NBR Quote - Cramer on NBR - Stock Picks) among others.
Fast Money's Trader Radar: In a segment called "Trader Radar," the crew highlights stocks with unusual volume that are lighting up screens across Wall Street. On Monday's "Fast Money" show, Dylan Ratigan told viewers: "On the trader radar tonight we're watching
Hanesbrands (HBI Quote - Cramer on HBI - Stock Picks). Shares of this underwear company were among the most active on the NYSE today."
Fast Money's Trader Radar includes
Ford (F Quote - Cramer on F - Stock Picks) among others.