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'Fast Money' Recap: Oil Gushes

Stock quotes in this article: VLO , TSO , ES , CCJ , GM , F , C , GS , GOOG  

The Dow closed up 117 points on Tuesday as energy, financials and technology stocks were strong. The crew at CNBC's "Fast Money" took a look at these sectors and where investors could make some profits.

Crude oil closed in on the magic $100 mark, after hitting another record high at $97.10 finally finishing Tuesday at $96.70. Adami tells viewers they can play Valero(VLO Quote) on valuation or go with Tesoro(TSO Quote), which is more expensive, but has Wall Street whale sponsorship. Finerman discloses that she is long TSO.

Let the Sun Shine

With oil near $100, investors continue to look towards alternative energy stocks for ideas. Finerman offers EnergySolutions(ES Quote) as an idea since it is scheduled to IPO next week. She would also consider Cameco(CCJ Quote), but only with options. Najarian continues to favor Cypress Semiconductor(CY Quote).

(Take a look at a portfolio based on solar ideas on Stockpickr.com, Solar Energy.) ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.99
Oil *
78.98
UP
126.74
UP
13.23
UP
31.21
UP
0.24
10 Yr
3.30%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+0.73%
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