Fast Money Mail - We Answer Your Questions
Time to open the Fast Money mail bag and answer more of your questions.
Ernest from New York
Ernest writes, “We're seeing more "green" news from the auto sector these days. Even their commercials are touting hybrid and electric technology. From a supplier standpoint, which stocks do you like?”
Guy Adami told Ernest that he feels Borgwarner (BWA) is the play in part because Bank Of America anticipates an upside surprise.
J.B. from California.
JB writes,”Could the excellent quarter from fast food companies like McDonald's (MCD) and Sonic (SONC) be caused by the higher summer cattle slaughter resulting in cheaper beef prices?”
Jeff Macke told J.B. that McDonald’s and Sonic crushed earnings because they’re well run companies. Macke explained that the cattle slaughter doesn’t come into play because these companies hedge their beef costs.
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Trader disclosure: On Oct 18, 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 (INTC); Najarian Owns ( C), (GOOG)(CY); Najarian Owns (SNDK) Options; Finerman Owns (C), (GS); Finerman's Firm And Finerman Own (ASD), (KALU); Finerman's Firm Owns (NYX), (MSFT), (LTD), (BIIB), (BEAS), (COP), (TGT), (VMSI), (WMT); Finerman's Firm Owns S&P 500 Index Puts; Finerman's Firm Owns Russell 2000 Index Puts