This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

'Fast Money' Recap: Beyond Stocks

Pisani brought in Anthony Fabiano, CEO of American Science and Engineering (ASEI - Get Report) whose stock has risen in recent days since the unsuccessful terrorist attempt to blow up an American passenger airplane over the weekend.

Fabiano demonstrated to the panel how its security scanner works to detect explosives and weapons while respecting privacy rights.

The CEO got himself scanned and then walked over to a monitor that showed an image of him with a gun at his waist along with a packet of stimulated explosives similar to the one found on the terrorist over the weekend.

Fabiano said the government has contacted the company about the scanner which costs $100,000 a machine.

Kelly said he would trade in this area with a basket of these stocks like American Science and Engineering. Cortes said he would opt for larger companies like General Dynamics (GD).

Pisani brought on to the show federal pay czar Kenneth Feinberg to comment what he has achieved this year. Feinberg said he thought he did a pretty good job but said his job is still incompete, with five remaining banks under his statuatory jurisdiction.

He said his mandate has been to get the banks to return the TARP money they borrowed and not to micromanage their businesses.

Pisani said the lure of investing overseas was attractive in 2009 as the markets in countries such as Russia, Argentina and China outperformed the U.S. markets.

Cortes, though, was wary of investing overseas for several reasons, including the lack of transparency. Kelly said investors have to be involved outside the United States because the growth in emerging markets.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ASEI $48.48 0.00%
BG $85.55 0.00%
DBC $17.94 0.00%
CSJ $105.67 0.00%
EMB $113.37 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs