'Fast Money' Portfolios of the Week
By Roberto Pedone
WINDERMERE, Fla. (
) -- The traders of
CNBC's
"Fast Money" think that market players should get into
Goldman Sachs Group
(GS) - Get Goldman Sachs Group Inc. (The) Report
ahead of the company's potential spinoff of its proprietary trading business. On Wednesday's "Halftime Report" segment, Jon Najarian told viewers that the spinoff is a good reason to buy the stock and that he likes the idea.
Joe Terranova said he's bullish on Goldman because the move allows the firm to keep intellectual capital and not have any restrictions on the business its best at. He also likes the stock from a technical perspective, and he thinks it's
. Terranova told investors to get into Goldman at current levels.
Zach Karabell cautioned investors from buying the stock in the high 150s, but he did say the stock is fine.
Brain Kelly mentioned that Goldman has already had a huge run, and he doesn't think the spinoff is a reason to get long the name right now. However, he said that if you're bullish on the financial sector, then a long position in Goldman makes sense.
The "Fast Money" crew has recently highlighted trading ideas that play off a slowdown in China, their best stock trades into the year end and stocks with unusual options activity. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Capital Ideas Into Year's End
TheStreet Recommends
: Recently, the traders highlighted some of their top trading ideas for the second half of 2010. Some of the names mentioned were
(GOOG) - Get Alphabet Inc. Report
and
Kraft Foods
(KFT)
. In a special report on
CNBC.com
, Pete Najarian told viewers: "I'm bullish on
McDonald's
(MCD) - Get McDonald's Corporation Report
. I love the growth -- they're growing around the globe especially in Asia. Also, they manage themselves so well they typically profit in both the tough times and the good times." The
Fast Money's Capital Ideas Into Year's End
portfolio includes
Hewlett-Packard
and
Apple
(AAPL) - Get Apple Inc. Report
.
: The traders highlighted some options trades and unusual options activity in stocks such as
Hertz Global
(HTZ) - Get Hertz Global Holdings Inc Report
and
Valero Energy
(VLO) - Get Valero Energy Corporation Report
. On Wednesday's "Halftime Report" segment, Jon Najarian told viewers: "A large volume of calls traded in
First Solar
(FSLR) - Get First Solar Inc. Report
and
Pactiv
(PTV)
. That action suggests to me that positive catalysts may boost both companies." The
portfolio includes
Research In Motion
(RIMM)
and
SPDR S&P 500 ETF
(SPY) - Get S&P 500 ETF TRUST ETF Report
.
Fast Money's China Slowdown Trades
: The traders spoke with David Riedel of Riedel Research, who thinks China is experiencing a slowdown, not a meltdown. On Monday's "Fast Money" show, Riedel told viewers: "I prefer consumer-oriented names, like
New Oriental Education & Technology
(EDU) - Get New Oriental Education & Technology Group Inc. Sponsored ADR representing 10 (Cayman Islands) 新东方 Report
,
Zhongpin
(HOGS)
and
China Mobile Limited
(CHL) - Get China Mobile Ltd. Report
. The government seems to be driving the economy towards the consumer, so position your portfolio accordingly." The
Fast Money's China Slowdown Trades
portfolio includes
Aluminum Corp. of China
(ACH) - Get Aluminum Corporation of China Limited American Depositary Shares Report
.
Fast Money's Top Earnings Trades
: The crew has spotted earnings trade opportunities in stocks such as
Vulcan Materials
(VMC) - Get Vulcan Materials Company (Holding Company) Report
and
Pfizer
(PFE) - Get Pfizer Inc. Report
. On Monday's "Fast Money" show, Joe Terranova told viewers: "I think money rotates out of
Merck
(MRK) - Get Merck & Company Inc. Report
and into Pfizer." The
Fast Money's Top Earnings Trades
portfolio includes
Kforce
(KFRC) - Get Kforce Inc. Report
and
Colgate-Palmolive
(CL) - Get Colgate-Palmolive Company Report
.
Fast Money's Higher Oil Stock Trades
: The crew sees opportunity in the oil complex off of a report that showed a higher than expected fall in crude stocks. On Tuesday's "Halftime Report" segment, Brian Kelly told viewers: "The higher oil goes the better the chance that the driller moratorium is cut short. I'd be long the
Oil Service HOLDRs ETF
(OIH) - Get VanEck Oil Services ETF Report
." The
Fast Money's Higher Oil Stock Trades
portfolio includes
BP
and
Occidental Petroleum
(OXY) - Get Occidental Petroleum Corporation Report
.
Fast Money's Media Stock Trades
: The traders want market players to put media stocks on their radar with earnings coming this week from
News Corp.
(NWS) - Get News Corporation Report
and
Viacom
(VIA) - Get Via Renewables Inc. Report
. On Wednesday's "Halftime Report" segment, Jon Najarian told viewers: "I'd play the space with
OmniCom Group
(OMC) - Get Omnicom Group Inc. Report
and/or
Interpublic Group of Companies
(IPG) - Get Interpublic Group of Companies Inc. (The) Report
as beneficiaries of ad spending ahead of the mid-term elections." The
Fast Money's Media Stock Trades
portfolio includes
Walt Disney
(DIS) - Get The Walt Disney Company Report
and
Belo
(BLC)
.
RELATED LINKS:
>>Playing the Economic Indicators
>>Must-See Charts: Citi, Intel, Priceline
>>Invest Like Carlos Slim Helu
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