Updated from 10:51 a.m. EST
"Fast Money" traders are always on the prowl for savvy trading and investment opportunities. They know just how to find the right stocks for the current volatile trading environment.
The crew recently highlighted trading ideas that play off of unusual options activity, the Mobile World Congress tradeshow in Spain and the global boom in South Africa. Here are some highlights from over the past week as aggregated from the show.
: Options guru Jon Najarian recently noticed some interesting action in the options pits. On
last Friday's "Fast Money" show
, Najarian told viewers: "There's a rumor that
might be taking a stake in
, and options buyers are snapping up the 10-strikes suggesting the stock
CNET could go to $10."
: Jon Merriman, CEO of Merriman Curhan Ford & Co., recently joined the "Fast Money" crew to discuss some technology stocks he feels are worth buying. On
Tuesday's "Fast Money" show
, Merriman told viewers, "
Energy Conversion Devices
is a lesser-known clean tech play which recently beat numbers. This stock should return to its highs around $40."
: The Mobile World Congress tradeshow kicked off this week in Barcelona, Spain, and the "Fast Money" traders offered their ideas on how to play it. On
, Pete Najarian told viewers, "I like
, because they're transferring themselves into fourth-generation smartphones. And they're coming to the United States. Also they could benefit from the
Research In Motion
outage, if it lasts."
include names like
: South Africa is quickly becoming a major player on the global scene. With a GDP of $255 billion, the country represents a quarter of the continent's output. On Monday's "Fast Money" show Tim Seymour told viewers, "I think South Africa is a good place in which to get involved as a long-term play in emerging markets."
Harmony Gold Mining
: Joe Terranova, director of trading at MBF Clearing Corp, recently joined the "Fast Money" crew to discuss opportunities he sees in the commodity sector. On
last Thursday's "Fast Money" show
, Terranova told viewers: "I think copper is bottoming out. I recommend being long copper and short gold by buying
: In the show's "Trader Radar" segment, the crew features stocks with unusual volume that are lighting up screens across Wall Street. On Monday's "Fast Money" show Dylan Ratigan told viewers, "
is on the Fast Money trader radar. This diner's delight traded twice its average daily volume today."
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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