'Fast Money' Recap: How Crude

The last one was IBM(IBM Quote). She explained IBM changed from a mainframe company to a consulting and service firm. Adami said he likes the transformation going on at Johnson & Johnson(JNJ Quote). He said a few years ago JNJ was a drug company, but now it gets 25% of its revenue from consumer products. Najarian mentioned he likes the changes going on at Dell(DELL Quote). He mentioned the company is now getting into the retail space and doing a good job of making its products cooler.

Trader Radar

Shares of Ethan Allen Interiors(ETH Quote) were among the most actively traded stocks on the NYSE today.

Oppenheimer chief market strategist, Carter Worth, joined the crew to discuss the technical outlook for some brokerage stocks. He said the shares for online trading companies look very good here. Worth told viewers to avoid Merrill Lynch(MER Quote), Morgan Stanley(MS Quote) and Lehman Brothers. He explained that all of these charts are in established downtrends. Instead, Worth prefers the chats for Ameritrade(AMTD Quote), Charles Schwab(SCHW Quote) and Raymond James(RJF Quote).

The bottom line from Worth is that you can be long the online names and not own the traditional brokerages. Najaran agreed with Worth on Ameritrade and Charles Schwab due to impressive transaction volumes. However, he said he likes Morgan Stanley more than Goldman Sachs Group(GS Quote) here. Najarian explained that Morgan Stanley is growing its retail arm.