Fast Money Mail - We Answer Your Questions
Time to dip into the Fast Money mailbag and answer more of your questions.
Michael from Illinois
Michael writes, “Is it safe to get back in Crocs (CROX)? I think Karen was high on it last week, but is it now finally time to start buying back some shares?
Karen Finerman told Michael she thinks now is the right time to start buying.
Jeff from New York
Will there be a Santa Claus rally this year or has Santa’s workshop been foreclosed upon?
Pete Najarian told Jeff he does think there are issues in the market and isn’t sure if there will be a rally late year.
Lukas from New York
Lukas writes, “Since Prince Alwaleed was so wrong on his Citi (C), bet should his Airbus purchase tell me to buy Boeing (BA)?
Guy Adami told Lukas he thinks Boeing is a buy on valuation below $90.
Paul from Massachusetts
Paul writes, “Hey guys, ever consider having a live audience for a limited show or two? I watched from outside the NASDAQ window last week. Anyway, in this market, and a tough looking Christmas season ahead, should we consider a retail pullout after the recent earnings reports showed only high-end retailers making solid gains?”
Jeff Macke said to Paul, “Do not buy retail stocks, right now” He’s also not expecting good things from retailers in general during Q4.
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Trader disclosure: On Nov. 15, 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 (HAS), (INTC), (ATVI), (SWY), (COH); Najarian Owns (AMTD) Options, (C) Options, (GS) Options, (BHP) Options; Najarian Owns (MER) And Is Short (MER) Options; Finerman's Firm And Finerman Own (GS), (HD), (KFT), (CROX); Finerman's Firm Owns (COV), (KSS), (PLCE), (TYC); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns (BEAS) Options; GE Is The Parent Company Of CNBC