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: Another High, Another Jobs Report

Finerman said she is not a buyer of The Fresh Market (TFM)

Carter Braxton Worth, chief market technician at Oppenheimer & Company, said Occidental Petroleum (OXY), Morgan Stanley (MS), and Kohl's (KSS) are poised to break out to the upside. He added that the broader market has very limited upside. 

Seymour likes Occidental Petroleum because of its potential to spin off assets. 

Nathan said investors should be leery of Pandora (P) since bad news can knock high-flying stocks like this down in a hurry. 

Finerman likes Cumulus Media (CMLS), which still has a commanding grip of the radio market. 

CNBC's Sara Eisen said the World Cup will be a big sales catalyst for Nike (NKE) as more than 3.2 billion viewers tuned in to the last soccer championship. Based on CEO Mark Parker's comments, she said the U.S. is the company's biggest market, but it has been slow so far though beginning to improve. She also said China is turning the corner as well in terms of sales. 

Shares of Gap (GPS) fell after the company announced its same-store sales dropped 7% in February. Finerman said investors can stay long since the sales miss is due to the bad winter weather, which will be over soon. 

Mike Mayo, research analyst at CLSA, was a guest on the show. While U.S. equities are making all-time highs, the financial sector is still 40% off its all-time highs, he said. Although the companies face a new banking world filled with regulations and government hurdles, the outlook is certainly improving. His top pick is Morgan Stanley, while Bank of New York Mellon (BK) is overvalued, he concluded. 

Seymour said that when interest rates increase, the money center banks will be big beneficiaries. He likes Bank of America (BAC) and JPMorgan Chase (JPM)

Najarian pointed out the bullish trade on World Wrestling Entertainment  (WWE) where someone bought 15,000 July $40 call options. He is long. 

Rory Read, CEO and president of Advanced Micro Devices (AMD), said the company is shifting its focus to higher growth segments, such as Microsoft's (MSFT) Xbox One and Sony's (SNE) PlayStation 4, rather than the declining PC market. He added that three years ago, 96% of revenue came from PCs; now its PC exposure is much lower. 

2 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
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!
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs