This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

'Fast Money' Recap: Bernanke Delights Markets

Stocks in this article: EBAY INTC TKC TROW GLW F

Is QE 2 good for banks? Frederick Cannon, director of research for Keefe, Bruyette & Woods, said the low yield curve environment and weak loan demand have been rough on banks.

Cannon said the banks don't earn much on low rates and the lack of loan demand makes it tough for them to create capital and dividends for their shareholders.

He said he expects consolidation to occur, with the big banks buying non-banks such as asset manager to boost income. His takeout candidate list included Regions Financial (RF), CSE Capital (CSE), Synovus Financial (SNV), Western Alliance Bancorp (WAL) and Boston Private Financial Holdings (BPFH).

In a quick, 360-degree analysis of Microsoft (MSFT) ahead of its earnings, three experts were buyers of the stock.

Colin Gillis, BGC financial analyst, said he was a buyer, adding reports of the death of PCs have been overstated as Intel's (INTC) results have shown. Oppenheimer chartist Carter Worth predicted Microsoft stock will get the same kind of pop other large-cap tech stocks. Options trader Scott Nations said options traders of Microsoft were bullish on the stock.

The reaction of the panel was a lot less bullish. Karabell said facetiously that he would be interested in the stock only if he "were 20 years older and wanted to be in the market and didn't want my stock to move much." Finerman, who's long the stock, didn't think a good earnings report will move the stock.

In the final trades, Seymour said he liked Turkcell (TKC). Kelly liked T Rowe Price (TROW). Finerman again favored Corning (GLW). And Steve Grasso liked Ford (F).

--Written by David Tong in San Francisco.

To contact the writer of this article, click here: David Tong.

To follow the writer on Twitter, go to

To submit a news tip, send an email to:

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

Follow on Twitter and become a fan on Facebook.

3 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs