The Mother's Day Trade
Picking the perfect Mother’s Day gift is becoming big business? Americans are expected to spend almost $16 billion on Mom this year. And if you’re tired of giving her the same old flowers, jewelry or clothing may we suggest a gift that keeps on giving. What follows is the Fast Money Mother’s Day Trade.
Karen Finerman would buy her mom Goldman-Sachs (GS), however she hopes her kids buy her Tyco (TYC).
Jeff Macke recommends 1-800-Flowers.com (FLWS) as an online retailer.
Eric Bolling thinks investors should get their Moms Anglo American (AAUK) because they mine diamonds. (In case that seems different from what you saw on TV, Eric initially said Chevron (CVX) – thinking Dylan asked him for his final trade)
Guy Adami says why not buy the DVD collection of Fast Money Season #1, instead. (He’s kidding... I think?)
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Trader disclosure: On May 11, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders
Bolling Owns (ICE), (NMX),Gold, Silver; Finerman and/or her Firm Owns (BBI), (KBR), (HD), (FLS), (CX), (ASD), (WMT), (TYC), (GS), (INWK); Finerman's Firm Is Short (HAL)