'Fast Money' Recap: Callaway Swingin'

Stock quotes in this article: ELY , GS , LEH , CHK , AMR , SIRI , XMSR  

About $140-a-barrel oil, Gartman said today's action was "very poor." Adami recommended the UltraShort Oil & Gas ProShares (DUG Quote).

Najarian said SunPower (SPWR Quote) is a good play but he prefers Energy Conversion Devices (ENER Quote), but said investors should wait for a dip.

Adami said he likes MEMC Electronics (WFR Quote), but investors should close eye on the chart.

Najarian noted that Honda is coming out with a hydrogen fuel cell vehicle before Toyota (TM Quote). He said Toyota will probably steal Honda's thunder, just as it did with the hybrid Prius.

Macke expressed skepticism about Honda's new vehicle.

Terranova said price action in corn has mirrored that of oil, rising this morning and then closing lower. He recommend that investors buy Pilgrim's Pride (PPC Quote). Adami agreed, saying that Pilgrim's Pride is a good play on a top in corn prices. Najarian said he likes DuPont (DD Quote) on a valuation basis.

Trader Radar

Hershey's (HSY Quote) traded on unusual volume today.

Inside the Consumer Mind

Macke discussed potential plays on a weak consumer. He said he likes Disney (DIS Quote). He said the company offers consumers a cheap alternative for entertainment. He also said Best Buy (BBY Quote) is going to say they reported a lousy quarter but that it sold a lot of TVs, proving that people are going for "cheap" entertainment.

Macke also recommended Imax (IMAX Quote), although he said it has been a bit controversial stock. He also said he likes DirecTV (DTV Quote). Terranova recommended Wal-Mart (WMT Quote).

Carter Worth, chief market technician at Oppenheimer, joined the show to talk about the outlook for the financials. He said that Goldman Sachs and Morgan Stanley will break their lows. He said the financials are a value trap.

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