Skip to main content

'Fast Money' Portfolios of the Week

Here's what the 'Fast Money' crew's been talking about lately.

WINDERMERE, Fla. (Stockpickr) -- According to CNBC's "Fast Money" traders, the commodities market is starting to take off, as demonstrated by the strength in oil and gold despite a strong dollar. On Wednesday's "Halftime Report" segment, Joe Terranova told viewers that he's a buyer of gold here. He mentioned that gold looks to be breaking out and that central banks are buying to diversify away from the dollar.

Jon Najarian said if bond yields break above 4% and Greece gets worse, it could push gold up another $70 an ounce. Zach Karabell thinks the strength in gold is a short-term phenomenon. He advised investors that are long gold to make sure they have an exit plan.

On Tuesday's "Fast Money" show, Jon Najarian said he's watching copper, which is trading at a 20-month high. He thinks the strength in copper isn't a fear trade but rather is demand-driven. Terranova recommended playing commodity stocks that provide the bare necessities, such as

Freeport-McMoRan

(FCX) - Get Freeport-McMoRan, Inc. Report

,

Halliburton

(HAL) - Get Halliburton Company Report

and

Schlumberger

(SLB) - Get Schlumberger NV Report

.

The "Fast Money" crew has recently highlighted trading ideas that play off

Apple's

(AAPL) - Get Apple Inc. Report

new iPad product, three bank stocks to buy ahead of earnings and stocks with unusual options activity. Here are some highlights from over the past week as aggregated from the show.

TheStreet Recommends

Bove's 3 Bank Buys Ahead of Earnings

: The crew spoke with Richard Bove, an analyst with Rochdale Securities to find out which bank stocks he favors ahead of earnings. On Tuesday's "Fast Money" show, Bove told viewers: "

Goldman Sachs Group

(GS) - Get Goldman Sachs Group, Inc. Report

is one of the best companies, if not the best company that I've ever analyzed. I'm committed to owning that stock." The

Bove's 3 Bank Buys Ahead of Earnings

portfolio includes

Morgan Stanley

(MS) - Get Morgan Stanley Report

and

Citigroup

(C) - Get Citigroup Inc. Report

.

Under-Valued Stocks for an Over-Extended Market

: The traders see opportunity in finding undervalued stocks in a market that's overextended like this one is. On Monday's "Fast Money" show, Hillary Kramer, the chief market strategist of A&G Capital, told viewers: "I think

Dendreon

(DNDN)

is a triple over the next 18 months. And I think in this quarter alone, Dendreon will trade above $50 a share." The

Under-Valued Stocks for an Over-Extended Market

portfolio includes

SuperMedia

(SPMD) - Get SPDR Portfolio S&P 400 Mid Cap ETF Report

.

Fast Money's Options Action Trades

: The traders have noticed some unusual options activity in a number of stocks such as

BB&T

(BBT) - Get BB&T Corporation Report

and

Palm

(PALM)

. On Tuesday's "Halftime Report" segment, Jon Najarian told viewers: "Options in

MBIA

(MBI) - Get MBIA Inc. Report

have already traded 6 times their daily average. To me that signals big investors are looking for more upside." The

Fast Money's Options Action Trades

portfolio includes

Textron

(TXT) - Get Textron Inc. Report

and

International Game Technology

(IGT) - Get International Game Technology PLC Report

.

Fast Money's High Oil Stock Trades

: Recently, oil prices hit their highest level since October 2008. How should you play this trend? On Monday's "Halftime Report" segment, Jon Najarian told viewers: "If oil pushes toward $90 it could hurt consumer stock such as

Starbucks

(SBUX) - Get Starbucks Corporation Report

, clothiers and other companies that rely on disposable consumer income." The

Fast Money's High Oil Stock Trades

portfolio includes

ETFS Physical Palladium Shares ETF

(PALL) - Get Aberdeen Standard Physical Palladium Shares ETF Report

and

FedEx

(FDX) - Get FedEx Corporation Report

.

Fast Money's iPad Trades

: The traders think that stocks like

Broadcom

undefined

will benefit from

Apple's

(AAPL) - Get Apple Inc. Report

new iPad product. On last Thursday's "Fast Money" show,

Karen Finerman

told viewers: "I see opportunity in

Best Buy

(BBY) - Get Best Buy Co., Inc. Report

, which I think is a cheap stock, and will be a retailer of iPads." The

Fast Money's iPad Trades

portfolio includes

Electronic Arts

(ERTS)

and

JDS Uniphase

(JDSU)

.

Fast Money's The Pitch Trades

: In a new segment called "The Pitch," one trader has 30 seconds to make their case for a stock, or else they get a dial tone. On Tuesday's "Fast Money" show, Gary Kaminsky told viewers: "

Och-Ziff Capital Management Group

(OZM)

is the best way to play the alternative management space. It's got a shareholder friendly corporate structure, it's showing asset growth and it has very high operating leverage." The

Fast Money's The Pitch Trades

portfolio includes

Herbalife

(HLF) - Get Herbalife Nutrition Ltd. Report

and

AK Steel

(AKS) - Get AK Steel Holding Corporation Report

.

-- Written by Roberto Pedone in Windermere, Fla.

Stockpickr is a wholly owned subsidiary of TheStreet.com.