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Time to sort through the Fast Money in-box and answer more of your questions.
Paul from Tennessee
Paul writes, "Pete, You mentioned there was a lot of options activity going on with CNET Networks [CNET
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Options action suggests there's a move coming in April, replies Pete Najarian.
Michael from New York
Michael writes, "You mentioned Brazil and China. How do you feel about the emerging markets in India?"
I think India is more recession proof, says Tim Seymour, because it’s growing quite bit. I like ICICI Bank [IBN
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], Infosys Technologies [INFY
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]as well as the ETF’s.
Rob from Wisconsin
Rob writes, "What’s happening in retail, especially with JC Penney [JCP
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]? Are there any buys here?"
I’m not crazy about JC Penney, replies Jeff Macke. I like Costco [COST
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]and Wal-Mart [WMT
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].
I would buy JC Penney at $45, Karen Finerman adds.
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Trader disclosure: On Feb.27, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Najarian Owns (XTO) Calls, (JEF) Calls, (CNET) Calls, (BIIB), (C), (CSCO), (MS), (MSFT), (XLF), (YHOO) Calls; Macke Owns (INTC), (DIS), (ATVI); Seymour Owns (AAPL), (CSCO), (INTC), (MER), (MSFT), (SHLD), (TSO);Seygem Asset Management Owns (INFY), (EWT), (AUO), (UMC), (TSM), Gazprom, Is Short (PBR); Finerman Owns (HD), (GS), (LOW); Finerman’s Firm Owns (FNM), (MSFT), (YHOO), (WMT), Is Short (IYR), (IJR), (IWM), (SPY), (MDY), (LEH), Finerman’s Firm and Finerman Own (FLS)
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