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: Playing China Through U.S. Stocks

NEW YORK (TheStreet) -- The S&P 500 eked out a gain on Monday, closing higher by 0.03%. 

On CNBC's "Fast Money" TV show, the trading panel took a look at Chinese equities. 

Tim Seymour, managing partner of Triogem Asset Management, said Chinese stocks appear to breaking out as macro data continue to be very encouraging. He added that China is the cheapest major emerging market and investors are "far from missing out" by getting in now. 

Josh Brown, CEO and co-founder of Ritholtz Wealth Management, said when the Shanghai composite starts to break out then it's "way more exciting." This is because only Chinese residents can buy stocks in this index -- when it gets rolling, it can be very hard to stop, he reasoned. 

Guy Adami, managing director of, said the best way to play a Chinese economic acceleration with a U.S. stock is through Alcoa (AA). The stock seems likely to push up to $18. 

Pete Najarian, co-founder of and, said several industrial stocks with Chinese exposure -- such as Freeport-McMoRan (FCX), Vale (VALE), and Cliffs Natural Resources (CLF) -- along with Chinese Internet names like Baidu (BIDU) suggest broad-based Chinese equities may have been in store for a rally. 

Dennis Gartman, editor and publisher of The Gartman Letter, remains a buyer of Alcoa and has reiterated this stance since last fall. He is neutral on U.S. stocks at the moment, but continued to stress that we are still in a bull market. He added the initial public offering surge is somewhat similar to the late-1990s and early-2000s. "I urge caution" in this regard, he concluded. 

Gartman made his IPO comments about El Pollo Loco's (LOCO) recent IPO. The stock is up 83% since its going public on Friday. 

Adami reasoned that perhaps the valuations in some of the fast casual stocks, such as El Pollo Loco and Chipotle Mexican Grill (CMG), aren't as overstretched as many investors first thought, given the growth. 

Brown suggested that investors could buy shares of El Pollo Loco on a pullback. The company has posted 11 consecutive quarter of same-store growth. 

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
AAPL $93.02 -0.64%
FB $118.00 -0.05%
GOOG $698.35 0.38%
TSLA $212.15 -4.70%
YHOO $37.01 2.80%


Chart of I:DJI
DOW 17,697.55 +46.29 0.26%
S&P 500 2,054.68 +3.56 0.17%
NASDAQ 4,725.20 -0.4390 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs