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Sleeping for 4 Years; You Can Still Ride Bull, Say Pros

If you're a retail investor who's missed the rally, there's a good chance you're kicking yourself.

Year to date the stock market has gained more than 11% broadly.

And on Thursday, the Dow and the S&P 500 again climbed to fresh all-time intraday highs.

In the event you've been sleeping for the past 4 years and you completely missed the move - are you fresh out of luck? Maybe not.

The Fast Money traders all feel it's not too late to put money to work in the market but they also feel it's important to trade with savvy. Following are their suggestions.


Strategy Session with the Fast Money gang

Joe Terranova, chief market strategist for Virtus Terranova thinks there's big opportunity in nat gas. "I think prices rise to $4.50 maybe even $5," he said. The energy pro recommends playing the theme with a long position in either BBG and/or Southwestern Energy.

Stephanie Link, director of research at TheStreet, says the best way to trade the current market is to seek out value; she especially likes financial companies trading below book such as Hartford and AIG. "Or you can look at industrials," she said, "especially those that have done transformational deals such as Eaton and United Technologies. I think both will be in a strong competitive position going forward."


Steve Allen | Brand X Pictures | Getty Images

Simon Baker, CEO at Baker Avenue Asset Management likes the same theme outlined by Stephanie Link – that is banks trading below book. Also he suggests putting Japan on the radar. "They're starting to get very aggressive," he said. "I'd look at the EWJ, an ETF that tracks Japan".

Jon Najarian, co-founder OptionMonster.com suggests looking for single stocks – perhaps stocks that appear to be oversold. He thinks JCPenney may provide opportunity, albeit short-term opportunity. "I'm long JC Penney through sales of puts," Najarian revealed. "I don't think the company is fixed but I don't think the story is over, either."

Jeremy Siegel, Professor of Finance at the Wharton School thinks the best investment remains dividend paying stocks. Although the group has already attracted a lot of buying he thinks they continue to perform. (Read More: Fast Pros Reveal Favorite Dividend Paying Stocks)

"It's one of the only asset classes that's fairly priced," said Siegel. "I think they have a lot of move left."


Trader disclosure: On April 11, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders; Stephanie Link is long AAPL; Stephanie Link is long FB; Stephanie Link is long ORCL; Stephanie Link is long HIG; Stephanie Link is long ETN; Stephanie Link is long UTX; Stephanie Link is long TJX; Stephanie Link is long JWN; Joe Terranova is long VRTS; Joe Terranova is long SJM; Joe Terranova is long AXP; Joe Terranova is long IBM; Joe Terranova is long SPLK; Joe Terranova is long PANW; Joe Terranova is long KORS; Joe Terranova is long GS; Joe Terranova is long BBG; Joe Terranova is long TUMI; Joe Terranova is long BK; Joe Terranova is long SWN; Simon Baker is funds long AAPL; Simon Baker is funds long AET; Simon Baker is funds long F; Simon Baker is funds long GM; Simon Baker is funds long GOOG; Simon Baker is funds long JNJ; Simon Baker is funds long QCOM; Simon Baker is funds long COH; Simon Baker is funds long QCOM; Simon Baker is funds long XLK; Simon Baker is funds long AEO; Simon Baker is funds long BBG; Simon Baker is funds long JCP; Simon Baker is funds long X; Simon Baker is funds long CSCO; Jon Najarian is long WAC calls;Jon Najarian is long CLGX calls; Jon Najarian is long LPS calls; Jon Najarianis long NSM calls; Jon Najarian is long LCC calls; Jon Najarian is long OCcalls; Jon Najarian is long CTSH calls; Jon Najarian is short MSFT PUTS; JonNajarian is short GLD PUTS; Jon Najarian is short JCP PUTS

Symbol
Price
 
Change
%Change
SPDR
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UNG
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BBG
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SWN
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HIG
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AIG
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ETN
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UTX
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JCP
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S&P 500
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