Your Questions About "Put" Plays, Solar Power & More
Question #1 Dana from Ohio wants to know if the guys can recommend any “put” plays in anticipation of large dividends?
Pete Najrian says there’s no free money out there, but investors can buy "puts" with stocks if they think dividends are going to be raised. Then, he recommends Dana look at big moving companies such as Frontline (FRO) which paid a 22% dividend.
Question #2 Peter from Connecticut wants to know if SunPower (SPWR) is a smart play in the solar space?
Guy Adami says SPWR is up 120% since July and right now the stock is a little rich. He recommends Peter buy SPWR on a $5 dip and adds he also likes Evergreen Solar (ESLR), though he thinks the valuation on that stock is also a little rich.
Question #3: World Poker Tour Champion Daniel Negreanu calls the guys from Las Vegas on his webcam. He wants to know if casinos like Wynn (WYNN) are the best way to play the gaming industry or if companies such as Shuffle Master (SHFL) and Investment Technology Group (ITG) that supply the casinos are a better investment?
Eric Bolling tells Daniel to stay away from SHFL. In the gaming industry he likes WMS Industries (WMS) for the smart slot machine, Morgans Hotel Group (MHGC) and Melco PBL Entertainment (MPEL).
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On APR 19, 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 (SWY) Najarian Owns (AXP), (HNZ), (MON), (MOT), (NDAQ), (XLF), (MPEL) Bolling Owns (NMX), (MPEL), Gold, Silver, Natural Gas Corn; Bolling Is Short Soybeans