Kaiser Aluminum profit beat estimates Tuesday on soaring demand for aerospace and defense products. What's the trade as airlines and governments build up their fleets around the world?
I think we are early in the demand cycle for aerospace and defense, says Karen Finerman. Even if the Boeing 787 and Airbus planes are delayed – and I believe they will be - there seems to still be a huge build yet to come in single aisle planes. And I don’t think we have even begun to see that earnings stream.
I like Kaiser , as well as TransDigm (TDG) and Boeing (BA) on the trend, she says.
Titanium Metals and RTI International (RTI) are two specialty metals plays that investors also might want to look at, adds Tim Seymour. Also watch Lockheed Martin (LMT) on a new contract signed with India.
I prefer PrecisionCastparts (PCP) and Rockwell Collins (COL), adds Guy Adami.
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Trader disclosure: On Feb.19, 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), (INTC); Finerman Owns (GS); Finerman's Firm And Finerman Own (CROX), (KALU); Finerman's Firm Owns (MSFT), (TSO), (VLO), (WMT), (YHOO), (AAPL); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM),(COF); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Seymour Owns (INTC), (MER),(MSFT), (BLK), (GOOG), (AAPL); Seygem Asset Management Owns (CCJ), (TIE), (TSO), (EEM), (GFI) (HMY), (FMX), (FMCN); Seygem Assset Management Owns Shares Of Uranium One