'Fast Money' Recap: Rally Time

(Check out this list of Chinese stocks on Stockpickr.com China Focus Portfolio.)

Word on the Street

Homebuilders exploded higher Friday as market players look for a possible rate cut at the next Fed meeting. Finerman warns investors to stay away from the homebuilders with balance sheet problems. Seymour doesn't like Beazer Homes(BZH Quote) which could be facing an SEC investigation. Adami thinks the best trade of 2008 will be Home Depot(HD Quote).

Retail stocks saw positive gains for week after "Cyber Monday" posted a record $733 million in sales. Finerman likes Children's Place(PLCE Quote) and Wal-Mart(WMT Quote).

Drug stocks were higher after Merck(MRK Quote) had great week. Najarian explained that the Goldman upgrade of the drug stocks helped Merck. In Adami's opinion, the trade is GlaxoSmithKline(GSK Quote).

Google adds GPS-like features to maps software and enters the FCC auction to bid on the remaining wireless spectrums. Najarian expects that Google is going to use the towers from the wireless spectrums to get into the GPS business. Finerman thinks this could be a threat to Garmin(GRMN Quote) if it materializes.

Pops & Drops

This POPS&DROPS segment highlights stock moves for the entire week.

Pops - Apple(AAPL Quote) traded up 6% for the week. Najarian suggests that investors can still get into this stock without overpaying.

Boeing(BA Quote) traded up 3% after the airplane producer said orders will beat last year's record. Adami predicts that $90 is the low on BA.