'Fast Money' Portfolios of the Week
WINDERMERE, Fla. (Stockpickr) -- The CNBC's "Fast Money" traders are starting to get excited about earnings season after Intel (INTC) - Get Intel Corporation Report reported a blowout quarter. On Tuesday's "Fast Money" TV show, Guy Adami told viewers that the blowout quarter was very similar to last quarter's report, which saw Intel up in after hours before giving back all the gains. Melissa Lee, the show moderator explained that this was a classic trading pattern in which investors "buy the rumor and sell the news."
>> Who Owns Intel?: Ken Fisher
Gary Kaminksy said he believes the market will trade much higher on earnings for this quarter. Tim Seymour said he was optimistic about the stock market because the world is better and the financials will spur this entire quarter of earnings.
was a bit more cautious on the markets. She said the perception that this is going to be a good earnings season has already been priced into the market. Finerman thinks companies will report great numbers but the follow-through trading will be bearish.
The "Fast Money" crew has recently highlighted trading ideas that play off increased M&A activity, under-owned stocks and stocks with unusual options activity. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Under-Owned Stock Plays
: If you're looking for some under-owned stocks, the traders know just where to find them. On last Thursday's "Fast Money" show, Joe Terranova viewers: "In tech look at
Yahoo!
(YHOO)
, in ag look at
Potash
(POT)
, and in nat gas look at
EOG Resources
(EOG) - Get EOG Resources, Inc. Report
TheStreet Recommends
." The
Fast Money's Under-Owned Stock Plays
portfolio includes
Southwest Energy
(SWN) - Get Southwestern Energy Company Report
.
>> Who Owns SWN?: Navellier & Associates
Energetic Stocks for a Tired Market
: The traders see opportunity in a couple of energetic stocks for a market that could start to trade sideways. On last Thursday's "Fast Money" show, Hillary Kramer, the chief market strategist of A&G Capital, told viewers: "I love
GeoEye
(GEOY)
as a defense play. Their equipment can see a postage stamp in a cave in Afghanistan. And they've showed 80% revenue growth quarter over quarter. The company could easily be a takeover target." The
Energetic Stocks for a Tired Market
portfolio includes
Evercore Partners
(EVR) - Get Evercore Inc Class A Report
.
Fast Money's Unusual Options Action
: The traders have noticed some unusual options activity in a number of stocks, including
Yum! Brands
(YUM) - Get Yum! Brands, Inc. Report
. (Also see:
Stocks With Unusual Option Activity
.) On Tuesday's "Halftime Report" segment, Pete Najarian told viewers: "The large volume of May 65 calls traded recently leads me to speculate that
Procter & Gamble
(PG) - Get Procter & Gamble Company Report
could make a sharp move higher." The
Fast Money's Unusual Options Action
portfolio includes
Manitowoc Company
(MTW) - Get Manitowoc Company, Inc. Report
and
OshKosh
(OSK) - Get Oshkosh Corp Report
.
>> Who Owns Procter & Gamble?: Warren Buffett
Fast Money's Best Bank Trade Ideas
: The traders think two areas of
JPMorgan Chase's
(JPM) - Get JPMorgan Chase & Co. Report
business -- investment banking revenue and consumer loans -- presented solid trading opportunities. On Wednesday's "Halftime Report" segment, Joe Terranova told viewers: "JPMorgan results suggest to me that credit quality is clearly improving. I think that bodes well for
Citigroup
(C) - Get Citigroup Inc. Report
. I'm long $4 May calls." The
Fast Money's Best Bank Trade Ideas
portfolio includes
Goldman Sachs Group
(GS) - Get Goldman Sachs Group, Inc. Report
and
Fannie Mae
undefined
.
>> Who Owns Citigroup?: Eddie Lampert
Fast Money's Trades Off Intel's Record Revenues
: The traders think that stocks like
IBM
(IBM) - Get International Business Machines Corporation Report
and
Maxim Integrated
(MXIM) - Get Maxim Integrated Products, Inc. Report
will be great trades off of
Intel's
(INTC) - Get Intel Corporation Report
monster quarter. On Tuesday's "Fast Money" show, Guy Adami told viewers: "If you believe in the 3-D trend you might want to look at
Nvidia
(NVDA) - Get NVIDIA Corporation Report
." The
Fast Money's Trades Off Intel's Record Revenues
portfolio includes
Nokia
and
Marvell Technology Group
(MRVL) - Get Marvell Technology, Inc. Report
.
>> Who Owns Nokia?: Karen Finerman
: Wall Street is being flooded with an explosion of M&A speculation in names such as
Jacobs Engineering Group
(JEC) - Get Jacobs Engineering Group Inc. (J) Report
and
TiVo
(TIVO) - Get TiVo Corp. Report
. On last Friday's "Fast Money" show, Steve Grasso told viewers: "Don't forget about
BHP Billiton
(BHP) - Get BHP Group Ltd. Report
. They're rumored to be looking to make an acquisition in ag. My clients think
Mosaic
(MOS) - Get Mosaic Company Report
is in play." The
portfolio includes
Alcon
(ACL)
and
US Airways
(LCC)
.
-- Written by Roberto Pedone in Windermere, Fla.
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