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Tasty Start To Earnings

Alcoa (AA) will become the first Dow company to report earnings next week. But more interesting earnings stories may be in Pepsi (PEP) and Yum! Brands (YUM); both are breaking out before their reports next week.

Jeff Macke likes PEP for its efficiency and exposure to China. However, he cautions investors to temper expectations for other retail names including Costco (COST), which also reports next week. And I don't anticipate same-store sales will be anything to get excited about either, he says.

On a related note, Karen Finerman thinks Yum! is a buy for its brands which include KFC and Taco Bell. She adds both sell well in China.

Aside from the the consumer names who else are you eager to hear from, asks Dylan.

Monsanto (MON), replies Pete Najarian.But it should also be approached with caution, he says. Its P/E ratio of 45 is awfully high, he explains. If you want to invest in MON, Pete recommends also buying puts for protection.



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Trader disclosure: On Oct 5, 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 (ATVI), (INTC); Najarian Owns (VCLK), (NDAQ); Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (BWS), (GE), (WMT), (TGT), (PSS), (COP); Finerman's Firm Is Long (MSFT) Calls; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Seygem Asset Management Owns (BX), (BBD), (EEM), (EWZ), (GLD), (ITU), (TWX), (CFC)

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