Your First Move For Monday Nov. 12th
As you might have heard by now, “Green is Universal.” (It’s our way of telling you that NBC Universal has launched a series of new initiatives to make our company more environmentally friendly.) And at Fast Money, we're going green the best way we know how – with some eco-friendly trades.
You already know the regular suspects. Following are a few green names you might not know.
Guy Adami recommends BorgWarner (BWA) because their business comes from fuel efficiency and emissions control.
Pete Najarian prefers Energy Conversion Devices (ENER) because they’re getting into solar cells as well as AGCO Corp. (AG) as an agriculture play.
Tim Seymour says Powershares Water Resources ETF (PHO) is a green trade because they get water to parts of the world where water is not pure.
Karen Finerman likes Kaiser Aluminum (KALU) as her green play because they supply material for lighter and more fuel efficient planes. (Okay, she admits it’s a stretch as a green trade.)
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Trader disclosure: On Nov. 9, 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 (C) Options, (CSCO) Options, (GOOG) Options, (GS) Options, (XLF) Options (YHOO) Options; Finerman's Firm And Finerman Own (GS), (HD), (KALU); Finerman's Firm Owns (WMT), (BEAS), (KSS); Finerman's Firm Is Short (LEH), (MBI), (SPY), (IYR), (IJR), (IWM); Finerman's Firm Owns (BIIB) Options; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Seygem Asset Management Owns (AAPL), (CSCO), (EEM), (F), (GLD), (MER), (SBUX), (X), (YHOO), (MSFT),Gazprom