The Latest Picks That Paid – Feb 8th

Friday, 8 Feb 2008 | 6:24 PM ET
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Our traders are good - but you knew that! Check out their latest picks that paid.

Karen Finerman

On January 25th the Chairwoman recommended making liquid gains out of liquid natural gas. At the time she said, “Look at Golar . It’s a play on liquid natural gas. We’re going to see more of it.”

You might say Finerman was full of hot air – but in a good way! Shares of Golar are up 16% since her call.

Guy Adami

On January 7th the Negotiator found one financial that was unfairly punished by subprime concerns. At the time he said, “They’re doing something right at US Bancorp. . When everything settles, this stock should go higher.”

Adami is smiling all the way to bank. US Bancorp is up 15% since his call.

Jeff Macke

On February 4th the Lone Wolf thought he might make a mint from the Magic Kingdom. At the time he said, “Disney consistently makes an enormous amount of money off the kid market.”

Macke was right. Shares of Disney surged this week after the Mouse House dazzled the Street with enchanted earnings.

Pete Najarian

On January 28th the Pitt Boss noticed options action in an IT outsourcing name. At the time he said, Watch Cognizant Technology Solutions – it’s a strange company, nobody’s really heard of this thing but the March calls were absolutely on fire which tells me I have to at least take a look because somebody seems to think that IT spending will start to improve.”

Najarian’s got the 4-1-1 on information. Shares of CTSH exploded as much as 20% Friday after cognizant forecast sales and profits well-past expectations.

Now that’s “Fast Money.”

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Trader disclosure: On Feb.8, 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 (INTC), (YHOO), (DIS); Najarian Owns (AMR), (C), (CSCO), (EBAY), (MCD), (MS), (MSFT), (XLF), (YHOO), (BIIB); Najarian Owns (FRE) Puts, (AIG) Puts; Najarian Owns (CNET) Calls, (AAPL) Calls, (NWA) Calls, (SKS) Calls; Finerman Owns (GS); Finerman's Firm Owns (GE), (JCP), (MSFT), (SKS), (WMT), (YHOO), (AAPL), (MO); Finerman's Firm Is Short (IWM), (IJR), (IYR), (MDY), (SPY), (COF); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (CROX) And (CROX) Calls, ; Finerman Owns (CROX) And (CROX) Calls; Finerman's Firm Is Short (RTH), (SPG), (TCO); Finerman's Firm Owned (GLNG) On 1/25/08, 1/28/08; Macke Owned (DIS) On 2/4/08; Najarian Owned (CTSH) Calls On 1/28/08

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  • 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

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