Question #1: Li from MA wants to know how oil and natural gas prices might change given that Iran’s leaders visited Saudi Arabia last month?
Eric Bolling recommends that Li back off the oil trade right now and look at streetTRACKS Gold Trust ETF (GLD). He prefers the gold trade.
Question #2: Mark from OH wonders if the guys are bullish Goldman Sachs (GS)?
Guy Adami says GS trades at 9.5 multiple which he feels is too low. Guy loves GS. A riskier trade he likes is Lazard (LZ) for its M&A activity.
Question #3: Courtney from NY asks if she should buy shares of Daimler Chrysler (DCX), in anticipation of analysts upgrades?
Jeff Macke says Detroit stocks are unsafe at any speed. Stay out of Daimler Chrysler, General Motors (GM) or Ford (F) . Jeff recommends Toyota (TM) calling it one of the best companies in the world.
Question #4: Mardi from Arkansas says she owns shares of Akamai (AKAM) and has made some good money from time to time with it running between $50 and $59. With the stock currently around $51 she asks if AKAM is a buy?
Tim Strazzini says AKAM is hitting on all cylinders right now, but they trade at a really high multiple. He anticipates they will have good earnings, and recommends owning half of what she’d normally own going into earnings.