Your Questions About Wal-Mart, The Financials...
Fall is near, so let's turn on the webcams and give you some autumn answers to your seasonal trades.
Question #1 - Jason from Arizona
Jason says I find it hard to believe that Wal-Mart (WMT) is a dying company with lines out the door! Is there anyway a broke college student like me can make some money off this stock?
Karen Finerman tells Jason to hold this stock. In the long-term she thinks he will make money on it.
Jeff Macke tells Jason to get long Target (TGT) instead.
Question #2 - Kevin
Kevin writes “Can you please ask Pete if Ben Bernanke and President Bush's speech on Friday alter his sentiments regarding going short on the market in the financial sector? Would he hold his UltraShort Financials ProShares(SKF) or Financial Select Sector SPDR (XLF) puts?
Pete Najarian expects another shoe to drop in the financials. He’s particularly concerned about Lehman (LEH) because of their bond exposure.
Guy Adami tells the panel he likes Goldman Sachs (GS).
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Trader disclosure: On Sept, 4, 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 (CREE), (HLTH), (PDE); Macke Owns (HAS), (INTC); Finerman Owns (GS), Finerman's Firm Owns (LTD), (WMT); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts