'Fast Money' Portfolios of the Week

Here's what the crew's been talking about lately.
Author:
Publish date:

Updated from 7:06 a.m. EDT

The traders of

CNBC's

"Fast Money" are starting to warm up to the U.S. stock market. The crew sees some incredible values and ridiculously cheap stocks in this bear market. The gang has been getting its viewers ready for a market rally by highlighting equity opportunities that continue to flash across the trading screens.

The traders know that in order to be successful on Wall Street, an investor must be able to identify when market sentiment has gone to an extreme. When this happens, the gang knows it's time to take the other side of the trade.

The gang recently highlighted trading ideas that play off potential takeover candidates, including

UBS

(UBS) - Get Report

; forced hedge fund selling, such as

Starbucks

(SBUX) - Get Report

; and global energy stocks, including

Exxon

(XOM) - Get Report

. Here are some highlights from over the past week as aggregated from the show.

To read more,

visit Stockpickr.com

.

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of

Stockpickr

LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the

Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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