No. 2 - Trash Talk
We've told you about media and other big earnings coming down the pipe this week. But one earnings play you probably haven't heard of is trash. Garbage may be just the place for your portfolio to weather these turbulent times. Allied Waste (AW) and rival Waste Management (WMI) come out with earnings this week. What’s the trash talk on Wall Street?
Guy Adami says his favorite stock in this space is Republic Services (RCG).
Pete Najarian applauds the play and adds that he also likes Allied Waste (AW) in this space.
Jeff Macke agrees.
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Trader disclosure: On July 30th 2007, the following stocks and commodities mentioned orintended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (JWN), (INTC); Najarian Owns (UA), Bolling Owns (XOM), Gold; Bolling Is Short (FXI); CNBC Is A Service Of NBC Universal And Dow Jones