Updated from 7:03 a.m. EDT
The traders of CNBC's "Fast Money" know exactly how to extrapolate the important data from Wall Street's daily news flow. The crew takes great pride in cutting through the market noise to find profit ideas.
The gang recently highlighted trading ideas that play off of stock fundamentals, hedge fund favorites and the booming hybrid car market. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Hedge Fund Favorites: Some major hedge funds are loading up on shares in a few firms in which they see tremendous value. On last Thursday's "Fast Money" show, Pete Najarian told viewers, "Thermo Fisher Scientific (TMO Quote) is a great stock because it's consistent and predictable but still manages to deliver growth, which is precisely why the hedge funds are buying it." Fast Money's Hedge Fund Favorites include Corning (GLW Quote) and Altria (MO Quote) among others. ...
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