'Fast Money' Portfolios of the Week

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 more.

Author:
Publish date:: Aug 5, 2010 3:25 PM EDT

By Roberto Pedone

WINDERMERE, Fla. (

Stockpickr

) -- The traders of

CNBC's

"Fast Money" think that market players should get into

Goldman Sachs Group

(GS) - Get 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

poised to break out

. 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

: Recently, the traders highlighted some of their top trading ideas for the second half of 2010. Some of the names mentioned were

Google

(GOOG) - Get Report

and

Kraft Foods

(KFT)

. In a special report on

CNBC.com

, Pete Najarian told viewers: "I'm bullish on

McDonald's

(MCD) - Get 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

(HPQ) - Get Report

and

Apple

(AAPL) - Get Report

Fast Money's Options Trades

: The traders highlighted some options trades and unusual options activity in stocks such as

Hertz Global

(HTZ) - Get Report

and

Valero Energy

(VLO) - Get Report

. On Wednesday's "Halftime Report" segment, Jon Najarian told viewers: "A large volume of calls traded in

First Solar

(FSLR) - Get Report

and

Pactiv

(PTV)

. That action suggests to me that positive catalysts may boost both companies." The

Fast Money's Options Trades

portfolio includes

Research In Motion

(RIMM)

and

SPDR S&P 500 ETF

(SPY) - Get 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 Report

Zhongpin

(HOGS)

and

China Mobile Limited

(CHL) - Get 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 Report

Fast Money's Top Earnings Trades

: The crew has spotted earnings trade opportunities in stocks such as

Vulcan Materials

(VMC) - Get Report

and

Pfizer

(PFE) - Get Report

. On Monday's "Fast Money" show, Joe Terranova told viewers: "I think money rotates out of

Merck

(MRK) - Get Report

and into Pfizer." The

Fast Money's Top Earnings Trades

portfolio includes

Kforce

(KFRC) - Get Report

and

Colgate-Palmolive

(CL) - Get 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 Report

." The

Fast Money's Higher Oil Stock Trades

portfolio includes

(BP) - Get Report

and

Occidental Petroleum

(OXY) - Get 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.