'Fast Money' Portfolios of the Week
By Roberto Pedone
WINDERMER, Fla. (
) -- According to
CNBC's
"Fast Money" traders, the easy money trades are still the way to play this market after the
Federal Reserve
announced it will keep interest rates at record lows. On Tuesday's "Fast Money" show, Pete Najarian told viewers that names such as
Intel
(INTC) - Get Report
and
IBM
(IBM) - Get Report
led the
Dow
higher. He said that in this low-interest-rate environment, investors are buying quality growth stocks and companies that could increase dividends. Najarian thinks this is where market players can expect to find performance going forward.
Joe Terranova thinks the
S&P 500
is going to push towards 1200. He agreed with Najarian that quality names such as IBM and Intel will be the drivers. Brian Kelly said he bought some
Charles Schwab
(SCHW) - Get Report
as a bet that the retail investors will come back the market in the wake of the Fed decision. Guy Adami suggested that investors looking for a trade should take profits in
Tiffany
(TIF) - Get Report
.
Considering that interest rates are likely to remain low, Terranova and Seymour agreed that the trend in the U.S. dollar is going to be lower, putting risky assets in play. Terranova said crude oil is going to hit $90 a barrel and that the best way to play it is with the
United States Oil Fund
(USO) - Get Report
.
The "Fast Money" crew has recently highlighted trading ideas that play off hot regional bank stocks, coal stocks and stock with unusual options activity. Here are some highlights from over the past week as aggregated from the show.
Fast Money's 4 Dividend-Boost Stock Plays
: The traders think a number of companies flush with cash are getting ready to return money in a very shareholder -riendly way. On Monday's "Fast Money" show, Skybridge Capital Managing Partner Anthony Scaramucci told viewers: "I think there are huge opportunities here. I expect these guys are going to get off the sidelines and give money back to shareholders." The
Fast Money's 4 Dividend-Boost Stock Plays
portfolio includes
Exxon Mobil
(XOM) - Get Report
and
Pfizer
(PFE) - Get Report
.
Fast Money's Hot Regional Bank Trades
: Rumors continue to circle Wall Street that the regional banks are in play as acquisition targets. What's the trade? On last Thursday's "Fast Money" show, RBC Capital Markets analyst Gerard Cassidy told viewers: "I'd watch
SunTrust Banks
(STI) - Get Report
. I think it could become available. And it could go out for something north of $50 a share." The
Fast Money's Hot Regional Bank Trades
portfolio includes
Boston Private Financial
(BPFH) - Get Report
and
Huntington Bancshares
(HBAN) - Get Report
.
Fast Money's Options Trades & Activity
: The traders have noticed some unusual options activity in a number of stocks. On Tuesday's "Fast Money" show, Pete Najarian told viewers: "Options volume suggests to me that
Harley-Davidson
(HOG) - Get Report
could make a sharp move higher. There's speculation that the motorcycle maker could be a takeover target for private equity firm KKR." The
Fast Money's Options Trades & Activity
portfolio includes
EMC
(EMC)
and
Nike
(NKE) - Get Report
.
Fast Money's Top Coal Stock Trades
:
Massey Energy
(MEE)
agreed to buy privately held company
Cumberland Resources
, to boost its steel-making coal reserves. With the coal sector clearly in play, how should you trade this? On Tuesday's "Fast Money" show, Guy Adami told viewers: "If you're looking for a trade in the space, I'd look at
Walter Energy
(WLT)
." The
Fast Money's Top Coal Stock Trades
portfolio includes
Patriot Coal
(PCX)
and
Plum Creek Timber
(PCL)
.
: The crew is watching the action in the euro after the EU said it was ready to consider a bailout for Greece. On Monday's "Fast Money" show, Tim Seymour told viewers: "Buy Germany here because they're going to benefit from a weaker euro. And it will continue to get weaker, and there will be no deal for Greece." The
portfolio includes
Daimler AG
(DAI)
and
Syngenta
(SYT)
.
Fast Money's Oil Acting Up Trades
: The traders want you to put a few energy names on your radar after the latest data showed that crude inventories unexpectedly dropped last week. On last Wednesday's "Fast Money" show, Joe Terranova told viewers: "You can put on a pairs trade. Go long the
Energy Select Sector SPDR ETF
(XLE) - Get Report
and short the
Consumer Discretionary SPDR ETF
(XLY) - Get Report
against it as a bet that higher prices at the pump hurt the consumer." The
Fast Money's Oil Acting Up Trades
portfolio includes
Transocean
(RIG) - Get Report
and
Tesoro
(TSO)
.
-- Written by Roberto Pedone in Windermere, Fla.
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