GO
Loading...

Ready For A Fight

Thursday, 31 Jan 2008 | 6:41 PM ET

Proxy fights are likely to surge this year as investors demand leaner, meaner companies. What are your best plays as companies and activists battle for control?

I love a good fight says Karen Finerman. I spoke to one of the leading proxy advisory firms and they said they have already signed up 24 proxy fights. They normally do about 12. That makes me think it will be an active proxy season.

(Proxy season runs from now until spring or early summer when many companies hold their annual meetings.)

I recommend Broadridge (BR) as a pure play on the coming surge in proxy fights.

Or you could look at Lazard (LAZ), Greenhill (GHL) or Goldman Sachs (GS) as an M&A play.

I also like Lazard, adds Guy Adami.

Tomorrow's Trades #3
Eyeing the best plays as companies and activist investors battle for control, with the Fast Money team.

I’m getting interested in Wendy’s (WEN) for similar reasons, says Jeff Macke.

  Price   Change %Change
BR
---
CXGP
---
GS
---
LAZ
---
WEN
---

_____________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On Jan 31, 2008, 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 (YHOO), (EMC), (INTC), (ATVI); Najarian Owns (BR), (C), (CSCO), (EMC), (MS), (MSFT), (YRCW); Najarian Owns (EBAY) Calls, (CMC) Calls, (GOOG) Calls, (YHOO) Calls; Finerman Owns (GS); Finerman's Firm Owns (PZN), (TSO), (VLO), (YHOO), (BR); Finerman's Firm And Finerman Own (CROX); Finerman's Firm Is Short (SPY), (IYR), (IJR), (MDY), (CME), (WFC), (COF); Finerman's Firm And Finerman Own (HD); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts

  Price   Change %Change
GS
---
GHL
---

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report