GO
Loading...

Fast Money Madness Kicks Off: Round 1

At the inaugural "Fast Money Madness" match-up of 64 stocks on Tuesday, "Fast Money" traders Guy Adami, Karen Finerman, Dan Nathan and Keith McCullough picked their favorites, with Twitter followers providing a tiebreaker.

Apple vs. Hewlett-Packard

Adami said that, for him, the game came down to what stock would perform going forward.

Originally a fan of Hewlett-Packard, he said that the stock's momentum may have been lost.

"Maybe the move happened too early for them. They missed their tournament," he said. "I'm going to go with Apple."

Finerman also noted Hewlett-Packard's run-up over the past month.

"I think they're going to run out of gas early," she added.

McCullough wasted no time: "I'd go Apple," he said.

"They've been taking a Bobby Knight civil beating in the dressing room from everyone, every angle, every way it can happen," he said. "And now this thing looks like a ball under water. Above $446, I think it can break out."

Dan Nathan of RiskReversal.com also liked the iPhone maker.

"To me, Hewlett is like that Cinderella that you just know is not going to go the distance," he said. "So you have to go with the good training and the good athletes, and I think that's Apple."

Home Depot vs. eBay

Nathan noted the chart action in shares of eBay.

"It almost touched its 200-day moving average," he said. "I think in the near-term if the S&P stabilizes here, this one could bounce. I'm going with eBay."

McCullough wasn't buying it, picking Home Depot.

"EBay looks like hell to me," he said. "Look at their players, it's like they're missing a couple of legs here."

But Finerman liked eBay.

"Look, I love the PayPal business. I think it's growing nicely valuation on the whole thing together isn't expensive at all," she said. "I like it."

Adami was betting on the quarterback to lead one team forward in this match-up.

"Frank Blake," he said. "I'm betting on the CEO, and that goes to Home Depot."

With the traders tied between Home Depot and eBay, the tiebreaker went to the "Fast Money" Twitter followers, who voted via hashtag #FastMoneyMadness.

Their pick: eBay.

Also advancing in their brackets were: Amazon.com, Coca-Cola, Pfizer, Disney, Target, Wal-Mart and Johnson & Johnson.

Trader disclosure: On March 19, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Dan Nathan is long AAPL APR/MAY 460 CALL SPREAD; Dan Nathan is long MS APR 22/21 PUT SPREAD; Dan Nathan is long AMZN APR 240/200/160 PUT FLY; Keith McCullough is long TLT; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long C; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long GOOG; Karen Finerman is long DIS; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short MDX; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report