Your Questions About Thursday's Retail Numbers, Spider-Man....
By: Lee Brodie | Producer
Question #1: Kim from New York wants to know if Jeff Macke is expecting any surprises in the retail sales figures being released on Thursday?
Jeff Macke says good numbers would be a surprise. He tells Kim to avoid the whole space right now. Nordstrom (JWN) is the only retail name he’s holding, and that’s as an investment.
Question #2: Carolina from Ohio wants to know if the box office performance of Spider-Man 3 is “baked” or priced into shares of Marvel Entertainment (MVL).
Guy Adami says it is. However, MVL smoked their numbers reporting revenues of $150 million when The Street was expecting $100 million. Guy likes this stock although he notes it’s currently near its 52-week high.
Question #3: Nicole from New York wonders why Alcatel-Lucent (ALU) is lagging when spending in the telecom sector appears robust?
Tim Strazzini says the network and telecom space was crushed by the sell-off in 2000 when the internet bubble burst. Some companies, he explains, still have a ton of debt and their margins remain tight. Instead of ALU, Tim recommends Nicole look at Nortel (NT) below $25.
| Price | Change | %Change | ||
|---|---|---|---|---|
| JWN | --- |
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Trader disclosure: On May 8, 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), Gold, Silver; Bolling Is Short Nasdaq Futures, Bolling Closed Out His Tesoro Put Trade; CNBC Is A Service Of NBC Universal And Dow Jones.
