The traders of CNBC's "Fast Money" strive to find their viewers the next big investing trend or profit-generating stock idea. Recently, the traders were operating in overdrive in an effort to help folks navigate this difficult market.
The crew recently highlighted trading ideas that play off the technicals for the steel sector, the Vytorin fallout in the drug sector and investing in areas of the world that have political unrest. Here are some highlights from over the past week as aggregated from the show.
Fast Money's 3-Month Stock Picks: The "Fast Money" traders had strong feelings on which stocks will be the top performers for the next three months. On last Friday's "Fast Money" show Karen Finerman told viewers, "I think the Financial Select Sector SPDR(XLF - Cramer's Take - Stockpickr) will be higher in three months." Fast Money's 3-Month Stock Picks include WellCare Health Plans (WCG - Cramer's Take - Stockpickr) and Agrium (AGU - Cramer's Take - Stockpickr) among others.
Fast Money's Vytorin Fallout Trades: The "Fast Money" crew sees opportunity in the wake of the fallout of Schering-Plough's(SGP - Cramer's Take - Stockpickr) cholesterol drug Vytorin. On Monday's "Fast Money" show, Pete Najarian told viewers, "I think at some point Merck(MRK - Cramer's Take - Stockpickr) will be a buy, but not just yet." Fast Money's Vytorin Fallout Trades include Isis Pharmaceuticals (ISIS - Cramer's Take - Stockpickr) and Genzyme (GENZ - Cramer's Take - Stockpickr) among others.
Fast Money's Political Unrest Trade: From Turkey to Venezuela, investors can often find opportunities in areas of political unrest. On last Thursday's "Fast Money" show Tim Seymour told viewers, "Turkey has political turmoil and a lot of pressure on the economy. However, I think Turkcell(TKC - Cramer's Take - Stockpickr) is a buy as a play on growing consumer demand." Fast Money's Political Unrest Trades also include Tenaris (TS - Cramer's Take - Stockpickr).
Fast Money's Good Enough Trade: With a weakening U.S. economy, the American consumer is no longer looking for the best; they are content with products that are "good enough." On last Thursday's "Fast Money" show, Jeff Macke told viewers, "I think the best trade is Costco(COST - Cramer's Take - Stockpickr)."Fast Money's Good Enough Trade include Wal-Mart (wmt - Cramer's Take - Stockpickr) among others.
Fast Money's Steel Chart Trades: Recently, TheStreet.com's Dan Fitzpatrick joined the "Fast Money" crew to discuss his take on the technical outlook for the steel sector. On Tuesday's "Fast Money," Fitzpatrick told viewers, "The Steel Index and the S&P 500 have been in sync since 2003 and have only recently diverged. It looks as if the Steel Index remains strong, while the S&P 500 is wallowing in a downtrend." Fast Money's Steel Chart Trades include Steel Dynamics (STLD - Cramer's Take - Stockpickr) and AK Steel (AKS - Cramer's Take - Stockpickr) among others.
Fast Money's Gasoline Supply Trades: Oil prices continue to explode higher after gasoline stockpiles registered their lowest reading since August. On Wednesday's "Fast Money" Pete Najarian told viewers, "When oil goes higher, you can bet the solar names are going higher. And that's what they did Wednesday." Fast Money's Gasoline Supply Trade include First Solar (FSLR - Cramer's Take - Stockpickr) and Suntech (STP - Cramer's Take - Stockpickr) among others.
Fast Money's Trader Radar: 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 Fortune Brands (FO - Cramer's Take - Stockpickr). Shares of this stock traded higher on double its average daily volume today." Fast Money's Trader Radar includes Philip Morris (PM - Cramer's Take - Stockpickr) among others.
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