Fast Money Recap: Black Gold, Texas Tea

Pops & Drops

Pops -- Mattel(MAT Quote) traded up 4% after the CEO vowed to put an end to lead paint problems. Macke says he is recalling his short call on Mattel.

International Game Technologies(IGT Quote) popped 3% after a Wachovia analyst upgraded the stock to outperform. Adami is bullish on the stock.

Rambus(RMBS Quote) traded up 6% on rumors of a takeover by Sun Microsystems(JAVA Quote). Najarian says rumors and the options action are saying a takeover is going to happen and the buyer is Sun.

Sirius(SIRI Quote) traded up 3% on speculation the merger with XM Satellite(XMSR Quote) will get done. Macke says the stock has bottomed and it will move much higher.

JoS. A. Bank(JOSB Quote) popped 4% after the company beat estimates. Finerman says the consumer is not dead; they are at JOSB.

Skechers(SKX Quote) traded up 9% after BB&T analyst David Turner upgraded the stock to a buy. Finerman says the stock isn't worth the headache.

Orbitz(OWW Quote) popped 6% off a Goldman Sachs buy rating. Macke says get out of this and get long Priceline.com(PCLN Quote).

Drops -- SanDisk dropped 5%. Najarian says this stock will go higher. (RealMoney Take: Richard Suttmeier said recently, "SanDisk: I see a triple top on the daily chart as strength fails below my semiannual risky level at $58.75. Monday's high was a test of my annual pivot at $54.19." To read more on what Suttmeier said, click here.)

Final Trade

The Fast Money team signs off with its best idea for the day.

• Macke says take a bearish bet on the Dow by buying Short Dow30 ProShares(DOG Quote).
• Adami recommends Zimmer Holdings.
• Finerman says she really likes Johnson & Johnson.
• Najarian recommends buying St. Jude Medical(STJ Quote).