'Fast Money' Recap: New Bond Insurer

Retail stocks fell this week off of disappointing Christmas sales. Macke explained it's too late to short the retail stocks, but that doesn't make them good buys. He mentioned a trade that might be worth buying is Retail HOLDRS Trust(RTH Quote), which tends to trend up in January.

Finish Line(FINL Quote) plunges 24% after a judge rules it must complete the $1.5 billion deal for Genesco(GCO Quote). Finerman explained that Finish Line is now forced to do a deal that will bankrupt them. She says if you want to play this dicey mess use options only. Macke called the deal a "stink show".

Cal-Maine(CALM Quote) explodes higher after second-quarter profits jumped sixfold. The stock is up 218% for the year. Najarian explained the amazing part of this company is that they ship eggs all over the world.

Top Stocks Of 2007

The biggest winners for the S&P 500 in 2007 were Jacobs Engineering(JEC Quote) up 144%, National-Oilwell Varco(NOV Quote) up 141%, Amazon.com(AMZN Quote) up 139%, Apple(AAPL Quote) up 134% and MEMC Electronic(WFR Quote) up 131%. Adami explained that the valuation on Jacobs Engineering is getting rich, but he would look to buy on any pullback. He feels the infrastructure story is the real deal.

Najarian loves Amazon and Apple and he sees no reason for either of these stocks to pullback. Macke thinks the bears are dead wrong on Amazon and he wouldn't short the stock. Finerman mentioned that she is worried that Apple is priced for perfection. Najarian likes MEMC Electronics for a way to play the solar sector. Adami also likes National-Oilwell Varco on any pullbacks.