"Fast Money" Recap: Happy Days are Here Again

Stock quotes in this article: NEM , BHP , CHL , INTC , SPWR , RIO , MCD  

Whole Foods(WFMI Quote) traded up 27%. Macke says this trade will continue to work but at a slow pace. ( Take: Dan Fitzpatrick said recently, "Whole Foods has been in a downtrend for more than a year. But the recent break above the April high is solid confirmation that the downtrend is in trouble." To read more on what Fitzpatrick said, click here.)

Drops- Wal-Mart(WMT Quote) fell 9%. Adami says if they can get margins higher WMT goes to $60.

Merrill Lynch(MER Quote) fell 17%. Finerman sees Goldman Sachs(GS Quote) as the better choice.

Final Trade

The team wrapped up the week with their final trade ideas for this strong market.

  • Adami likes Target even in light of the warnings.
  • Najarian gave out Cypress Semiconductor as his solar play.
  • Finerman likes Yahoo(YHOO Quote), Palm(PALM Quote) and 3COM(COMS Quote). (RealMoney Take: Tero Kuittinen said recently, "Palm does not look like an impossible takeover target if this puppy clicks. It just may have demonstrated design savvy and lack of pretension that many far more technologically savvy rivals lack." To read more on what Kuittinen said, click here.)
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