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Jeff Macke likes Procter & Gamble (PG) as a defensive play.
Guy Adami thinks Cisco (CSCO) is a buy on the recent dip.
Both Pete Najarian and Karen Finerman recommend buying Ameritrade (AMTD) on weakness at E*Trade (ETFC).
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Trader disclosure: On Nov. 12, 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), (YHOO), (EMC); Najarian Owns (AMTD) Options, (BHP) Options, (C) Options, (CSCO) Options, (DISH) Options, (EMC) Options, (GOOG) Options, (GS) Options, (YHOO) Options; Finerman's Firm And Finerman Own (GS), (HD); Finerman's Firm Owns (AMTD), (PLCE), (KSS), (NMX), (NYX), (WMT), (YHOO), (LTD); Finerman's Firm Is Short (IWM),(IJR), (SPY), (MDY), (IYR), (LEH), (MER; Finerman's Firm Owns (MSFT) Options, (TGT) Options; Finerman's Firm Owns (HD) Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Charles Schwab Is A Sponsor Of Fast Money
CORRECTION: Wachovia bought Golden West, Not Washington Mutual as stated by guest trader Tim Seymour on Friday November 9th so that's not a reason to dislike WaMu's stock.




