Fast Money Madness: Health & Home
It's time for more Fast Money Madness! As the NCAA Tournament marches on, we're pairing off the most-talked about 64 companies on the street. Our guys will determine the winners through debate, and end up with a national champion – “Fast Money's” favorite stock.
Here’s tonight’s first match-up in Health & Home - #1 seed, Pepsi (PEP), versus #8 seed McDonalds (MCD).
Eric Bolling says Lay's potato chips, and Gatorade versus old hamburgers and milkshakes??? Come on guys, Pepsi is on a roll.
Jeff Macke says McDonald’s is playing on Pepsi vs. Coke. They are a juggernaut. They survived the death of two CEOs. They’re that good.
Tim Strazzini says Pepsi’s advantage is their ability to control costs, and Tim thinks the company will outperform the market in the coming year.
Guy Adami says Pepsi’s 4Q wasn’t great. Pepsi has had a nice run, but since 2003 McDonald is up 235% and Pepsi only 64%.
The guys are at an impasse. This is when the "Fast Money" Commissioner takes control. Dylan Ratigan goes with Tim and Eric and declares Pepsi the winner.
Onto the next big match up of the night: #6 seed, Target (TGT), versus #3 seed United Health (UNH).
Jeff Macke picks Target. They’re feasting on the rotting corpse of Wal-Mart (WMT) and they're arguably the best retailer in the country.
Tim Strazzini says UNH is back on track with the negatives behind them. They have the best return on equity in the business.
Eric Bolling asks if that was before or after last week when UNH had to restate their earnings by 1.5 billion. That's billion with a “b”. Eric goes with Target.
Guy says the subprime fears are probably going to hurt Target and he likes UNH. After all, Berkshire Hathaway just bought one million shares in UNH.
Dylan says UNH does not move forward and he declares Target the winner.
Here’s a quick recap of the games already played: (The winners are in bold.)
#4 Altria(MO) vs. #5 Barr Labs (BRL)
#7 P&G (PG) vs. #15 Nordstrom (JWN)
On MAR 14, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Macke Owns (JWN) Bolling Owns (DIS), (ICE), (NMX), Gold, Silver, Soybeans, is Short S&P Futures, is short Nasdaq Futures, is Short Corn