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'Fast Money' Portfolios of the Week

02/28/08 - 12:58 PM EST

James Altucher

Updated from 8:59 a.m. EST

Following great minds on Wall Street can lead to large profits for your bank account. The "Fast Money" traders bring some of their best investment ideas to the public five days a week.

The crew recently highlighted trading ideas that play off of trading the trend, M&A chatter and stock ideas gathered from the International Toy Fair that was recently held in New York City. Here are some highlights from the past week as aggregated from the show.

Fast Money's Power Stock Picks: The "Fast Money" traders think the power sector will be in play if the Fed continues to cut rates. On last Thursday's "Fast Money" show, Karen Finerman told viewers: "Power stocks are always some of the best places to go when the Fed slashes rates."Fast Money's Power Stock Picks include Utilities Select Sector SPDR XLU and Fluor FLR among others.

Fast Money's Trend Trades: Dan Fitzpatrick, a technical analyst and contributor to RealMoney.com, joined the "Fast Money" crew Monday to discuss how he is trading the trends. Fitzpatrick told viewers, "Analysts like Annaly Capital Management NLY because they don't have any subprime exposure. However, I think it's too late to buy unless it's for a quick trade. And watch out for a $24 ceiling." Fast Money' Trend Trades include Cree CREE among others.

Fast Money's Health-Care Spending Trades: Economists from the Center for Medicare and Medicaid Services are predicting that health-care spending could double to $4.3 trillion by 2017. On Tuesday's "Fast Money" show, Pete Najarian told viewers, "Big Pharma names like Pfizer PFE, Eli Lilly LLY and Merck MRK would offer good trades on the trend." Fast Money's Health Care Spending Trades also include names like Zimmer ZMH and Myriad Genetics MYGN among others

Fast Money's M&A Plays: The "Fast Money" traders reviewed some recent M&A chatter swirling around Wall Street. On Monday's "Fast Money" show, Karen Finerman told viewers: "I think it's time for Microsoft MSFT to come up with something." Fast Money's M&A Plays include Take-Two Interactive TTWO among others.

Fast Money's Trader Radar: In a segment called "Trader Radar," the crew features stocks with unusual volume that are lighting up screens across Wall Street. On Tuesday's "Fast Money" show, Dylan Ratigan told viewers: "Del Monte Produce DLM is on the "Fast Money" Trader Radar. This fruit producer traded four times its normal average volume today." Fast Money's Trader Radar also includes Johnson & Johnson JNJ among others.

Fast Money's Toy Stock Picks: Jeff Macke recently found some investment ideas after attending the International Toy Fair in New York. On last Wednesday's "Fast Money" show Macke, told viewers: "Mattel MAT is putting together a game called 'U Dance.' It's not part of a game system, so there is no dance pad. It simply uses motion detection to teach movement. It's fun, it's social, and it retails for under $100." Check out the Fast Money's Toy Stock Picks for more plays like Activision ATVI and Electronic Arts ERTS.

Fast Money's Raw Material Stock Plays: Raw material stocks are in favor on Wall Street as commodities like gold, oil and coal continue to show strength. On Monday's "Fast Money" show, Pete Najarian told viewers: "Keep your eye on Alpha Natural Resources ANR." Fast Money's Raw Material Stock Plays also include Peabody Energy BTU among others.




At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.


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