This Day On The Street
Continue to site
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: Finerman's 3 Picks for 2011

NEW YORK ( TheStreet) -- The markets closed mixed as commodity stocks continue to advance.

The Dow Jones Industrial Average rose 18.24, or 0.16%, to 11, 428.56 while the S&P 500 added 0.06, or 0.00%, to 1,240.460. The Nasdaq was down 12.63, or 0.48%, to 2,624.91.

Joe Terranova said on CNBC's "Fast Money" TV show that the real question Tuesday in the commodity space is whether the commodities can hold onto today's gains. He doesn't believe that will happen and that is why he is shorting gold.

Brian Kelly took the opposite view. He's long the metal after what happened in China over the weekend, with the rise in inflation and the reluctance of the central bank to appreciate the yuan.

For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw on TV

Melissa Lee, the moderator of the show, said China is encouraging investors to buy gold rabbit coins. Terranova, though, believed the gold trade is topping out. Guy Adami said one commodity trade that has been working is Walter Energy (WLT), which he said is still fairly valued.

Stephen Weiss said he remains bullish in China and is buying commodities on dips. David Reidel, of Reidel Research, stuck to his call on Friday, when he said he would short the iShares FTSE/Xinhua China Index (FXI) and buy gold and Hong Kong properties.

Commenting on a Virgina court decision challenging a key part of the administration health reform law, Adami said he liked Cerner (CERN - Get Report), a company that converts medical records into a digital format.

Karen Finerman provided her three top picks for next year. She liked the prospects for liquid natural gas, with rising daily rates and a lack of tankers to handle shipments. Her play: Golar (GLNG).

For the second pick, she delved into the auto-trucks trade. She likes the space because a lot of capacity has been taken out of the market and newly capitalized players and companies emerging from bankruptcy are coming into play. Her play here is Dana Holding (DAN - Get Report).

Third, she believes M&A activity will pick up steam and is going with Blackstone (BX - Get Report) and Goldman Sachs (GS - Get Report)
1 of 3

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
WLT $0.03 -8.03%
CERN $60.14 0.91%
BX $31.69 1.50%
DAN $16.46 0.15%
FNSR $12.22 1.20%


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs