'Fast Money' Portfolios of the Week
Updated from 9:02 a.m. EDT
The traders of
CNBC's
"Fast Money" are always on the lookout for stocks making big moves and breaking major news. Because the crew likes to stay one step ahead of Wall Street, viewers can profit handsomely off their market insight.
The gang recently highlighted trading ideas that play off of Mexico, subprime hedge fund king John Paulson and the $25 billion Housing Bill. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Takeover Chatter Stock Picks
: Wall Street is swirling with M&A speculation, and Pete Najarian revealed what the options market is telling him. On last Friday's "Fast Money" show Najarian told viewers, "Option investors are buying the May 22 calls. I think
Petrohawk Energy
(HK)
is a takeover target."
Fast Money's Takeover Chatter Stock Picks
include
Evergreen Solar
(ESLR)
and
Allegheny Technologies
(ATI) - Get Report
among others.
Fast Money's Subprime Hedge Fund Stock Plays
: In 2007, John Paulson made a one-year payday record for Wall Street of $4 billion, largely due to a well-placed bet against the housing market. On last Thursday's "Fast Money" show Pete Najarian told viewers, "Personal investors probably can't trade in his wake; however, if you think he's smart money, you can trade alongside Paulson in other areas. He currently holds a large position in
Kinross
(KGC) - Get Report
."
Fast Money's Subprime Hedge Fund Stock Plays
include
Hercules Offshore
(HERO)
among others.
Fast Money's Alzheimer's Blockbuster Trades
: Kris Jenner, lead portfolio manager for the T. Rowe Price Health Science Fund, joined the "Fast Money" traders on Monday's show to discuss the prospects of a new Alzheimer's drug being developed by
Wyeth
(WYE)
and
Elan
(ELN)
. Jenner told viewers, "The market is excited because there are approximately 7 million Alzheimer's patients in the U.S. and Western Europe. If only 1 million of those individuals get on this therapy at $10,000/year that's a $10 billion drug!"
Fast Money's Alzheimer's Blockbuster Trades
include
Myriad Genetics
(MYGN) - Get Report
among others.
Fast Money's Mexico Stock Picks
: Mexico is one of the few global markets trending up on the year. On Monday's "Fast Money" show Tim Seymour told viewers, "Strength in Mexico is a combination of fundamentals and some technicals."
Fast Money's Mexico Stock Picks
include
America Movil
(AMX) - Get Report
and
Cemex
(CX) - Get Report
among others.
Fast Money's Housing Bill Trades
: A $25 billion Housing Bill is set to pass in the Senate that will include tax breaks for homebuilders and lenders as well as credits for homebuyers. On Tuesday's "Fast Money" show Karen Finerman told viewers, "Nothing good can from it, but that doesn't mean there isn't a way to profit from it."
Fast Money's Housing Bill Trades
include
Home Depot
(HD) - Get Report
and
Fannie Mae
among others.
Fast Money's Booming Coal Trades
: Coal prices have more than doubled this year due to strong demand from electricity and steel production. On Wednesday's "Fast Money" show Pete Najarian told viewers, "Some steelmakers have agreed to pay coal producers three times more for coking coal."
Fast Money's Booming Coal Trades
include
Market Vectors Coal
(KOL) - Get Report
and
Burlington Northern
(BNI)
among others.
: As the Olympic Games near, pro-Tibet protestors are pushing for a boycott of Chinese products. On Wednesday's "Fast Money" show Tim Seymour told viewers, "The so-called 'Olympic trade' is over, but the long-term Chinese growth stocks are still in play."
include
Baidu
(BIDU) - Get Report
and
China Mobile
(CHL) - Get Report
among others.
: In a segment called "Trader Radar," the crew highlights stocks with unusual volume that are lighting up screens across Wall Street. On Monday's "Fast Money" show, Dylan Ratigan told viewers, "On the trader radar tonight we're watching
Columbia Sportswear
(COLM) - Get Report
. Shares of this sportswear maker were among the most active on the
Nasdaq
today."
include
NutriSystem
(NTRI) - Get Report
among others.
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
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. 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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