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

'Fast Money' Recap: A Stunning Move

Delta Air Lines (DAL) jumped 2% and Adami said he thinks it'll continue higher to $35. 

eBay (EBAY) climbed higher by 3%. Kelly is a buyer at current levels and agreed with hedge fund manager Carl Icahn that the company should spinoff its PayPal business.

Dennis Gartman, editor and publisher of The Gartman Letter, said not to trade natural gas based on Ukraine because U.S. natural gas is essentially non-exportable. He did, however, note that Urkaine is a large exporter of wheat, and those prices could be affected by the recent turmoil in the region. He added that issues in Venezuela could aid in higher crude oil prices while lower copper prices could be a bearish sign for the U.S. economy. 

Seymour said investors should not worry about China but he's not a seller of copper either. 

Finerman said she's selling J.C. Penney (JCP)

Steve Tanger, president and CEO of Tanger Factory Outlet Centers  (SKT), said every consumer has been feeling the pinch in terms of spending. He loves when his tenants extend discounts to their customers because it builds loyalty towards the stores. The quality and brand awareness have gotten much better in a very short period of time for most of his outlet retailers, he concluded. 

Finerman said Polo Ralph Lauren (RL) has done well in keeping a strong brand name alongside a strong outlet business, whereas Coach (COH) has not. 

Adami said Tanger Factory Outlet Centers has a reasonable valuation and should do well as long as the broader market does well too. Seymour said there seems to be value in SKT, with a dividend yield near 3% and 20% return on equity. 

Adami said Groupon (GRPN) could continue lower towards $7.25. 

Finerman said Walgreen (WAG) was "okay," but she prefers CVS Caremark (CVS)

Seymour said he did not want to play First Solar (FSLR) into earnings. 

Kelly said Compass Minerals International (CMP) will not benefit from high salt demand since this season's contracts were finished last year. 

For their final trades, Seymour is buying Sina (SINA) and Kelly is buying HollyFrontier (HFC). Finerman said to buy North Atlantic Drilling (NADL) and Adami is a buyer of Nvidia (NVDA).

-- Written by Bret Kenwell in Petoskey, Mich.

Follow TheStreet.com on Twitter and become a fan on Facebook.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • 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