'Fast Money' Recap: Holding Pattern

Stock quotes in this article: LEH , GS , FRE , MS , MBI , ETFC , SHLD  

Another way to play the growth is with outsourcing names like Satyam Computer(SAY Quote) and Infosys(INFY Quote). Najarian thinks India needs coal and a potential takeover play might be Alpha Natural Resources(ANR Quote). Adami predicts somebody will make a play to takeover United States Steel(X Quote).

Happy 52-Week High Monsanto(MON Quote)

Pops & Drops

Pops - Apple(AAPL Quote) traded up 2% after news broke that an iPhone that can download faster from the internet will be released next year. According to Najarian, Apple bottomed at $165 and now it's rocking.

Smithfields Foods(SFD Quote) traded up 5% after the hog production and pork processing company reported better-than-expected second-quarter earnings. Adami remarks that you have to love this stock.

ValueClick(VCLK Quote) traded up 7% after UBS slapped a $23 price target on the online advertising firm. Finerman believes takeover speculation took VCLK higher.

Tivo(TIVO Quote) exploded up 23% after winning validation of their video recorder patent in the EchoStar dispute. This is great news for TIVO, if you ask Najarian.

Drops - Men's Warehouse(MW Quote) fell 16% after reporting disappointing third-quarter earnings. Seymour suggests losing the guy on the commercials.

Aeropostale(ARO Quote) fell 13% after missing Wall Street's sales estimates. In Adami's opinion, ARO was due for a drop.

Final Trade

The team hands out their favorite trade ideas of the day.

  • Seymour advises playing along with the whales and buying Sears Holdings(SHLD Quote).
  • Adami recommended buying E*TRADE(ETFC Quote) with a tight stop.
  • Najarian agrees with Adami on E*TRADE and he bought the stock on Thursday.
  • Finerman gave out paper play Domtar(UFS Quote).
  • Loading Comments...
  •  
1 2 3 4
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Stockpickr is a wholly owned subsidiary of TheStreet.com.




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,291.26 1,098.51 2,166.90 34.74
Oil *
77.90
UP
44.29
UP
5.50
UP
15.82
DOWN
0.08
10 Yr
3.47%
SPDR Gold
109.60
+0.43%
+0.50%
+0.74%
-0.23%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services