Recent Picks That Paid
On May 11, Karen recommended InnerWorkings (INWK), saying “I think that there is a huge market out there for them to take print out of the corporate level and do it much more efficiently.”
The Chairwoman proved this print firm is printing money. Shares of INWK are up 7% after the company doubled profits.
Last Friday, Pete recommended CKE Restaurants (CKR), saying he loved how CEO Andrew Puzder “attacked all of his competition.”
The Pit Boss found a tasty trade in CKR as shares of the parent company of Hardee’s and Carl’s Jr. are up 5% since the call, after the company announced it was spinning off its La Salsa chain.
On May 21, Jeff recommended Children’s Place (PLCE) because the retailer was highly levered to Disney’s (DIS) “Pirates of the Caribbean” franchise.
The Lone Wolf smelled blockbuster profits for PLCE off the release of “Pirates 3.” Shares are up 6% after the company reported swashbuckling earnings.
That same day, Guy recommended Biogen (BIIB) on its drug pipeline, consisting of 31 different drugs in various stages of clinical trials.
The Negotiator had the right diagnosis for BIIB as shares of the biotech company got a shot in the arm, up 12% since Guy’s call after announcing a $3 billion stock buyback.
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Trader disclosure: On June 1, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Najarian Owns (KR), (SWY) Macke Owns (SWY) Finerman Owns (AAPL), (CAT), (HOV) Finerman's Firm Owns (DJ), (TOL), (USG), (WMT), (COC), (BJ); Finerman's Firm & Finerman Own (TYC), (HD)
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Najarian Owned (AAPL) On 5/21/07