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
TheStreet Open House

'Fast Money' Recap: Looking for High-Growth Investment Opportunities

NEW YORK (TheStreet) -- The S&P 500 finished slightly lower on the day, down 0.02%. 

On CNBC's "Fast Money" TV show, the trading panel looked at high-growth companies on location at the Exponential Finance Conference in New York City. 

Guy Adami, managing director of, said investors can buy shares of Google (GOOGL), which are not very expensive in valuation. He added International Business Machine (IBM) seems poised to underperform the market. 

Steve Grasso, director of institutional sales at Stuart Frankel, is also a buyer of Google, saying its investments in robotics, self-driving cars and Wi-Fi drones, among other things, will position the company to succeed over the long term.

Adami said Facebook (FB) reported a solid earnings report last quarter, but shares sold off due with other momentum stocks. He thinks shares are poised to run to $75. 

Grasso added that shares of Twitter (TWTR) have been trading well lately too. He is looking for the stock to breakout over resistance at $37. 

Adami said he's "starting to come around" to the bull case in chip stocks. Specifically, he was referring to Intel (INTC), Advanced Micro Devices (AMD) and Analog Devices (ADI)

Grasso admitted that he thought Intel was a "boring" company but acknowledged its potential in wearable devices in the future. 

Peter Diamandis, co-founder and executive chairman of Singularity University, was a guest on the show. He is focused on rapidly growing companies in several industries including 3-D printing, robotics, artificial intelligence and sensors. If Fortune 500 companies aren't trying to "disrupt" themselves, some other company will, he reasoned. 

Jeffrey Gundlach, founder of Doubleline Capital, said the 10-year Treasury yield will be in the range of 2.20% to 2.80% for the second half of 2014. Brian Kelly, founder of Brian Kelly Capital, said that range suggests  the current yield will fall over the next several months.

"People have been caught flat-footed by fixed-income this year" and can again in the second half, he said, especially if the U.S. is stuck in a low-growth environment. 

1 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 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

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