Expect to hear potentially market moving news out of DuPont, Genentech and Aetna on Friday. All three firms are holding analyst meetings. So, what’s the scoop?
Analyst meetings have had more impact lately because the markets are volatile, explains Pete Najarian. People don’t want to wait an entire quarter to get news. So these meetings are becoming critical.
I think the news should be good, speculates Guy Adami. 25% of their revenue comes from agriculture. I think it’s a cheap way to play the ag space.
And on a technical basis this stock looks attractive, adds Joe Terranova.
I’m expecting positive news, says Pete Najarian. I bought calls, on Thursday because I like the chart. And this stock is way off its 2007 highs, he adds.
I think this stock is worth watching says Pete Najarian, especially after what happened with WellPoint and Humana this week.
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Trader disclosure: On Mar.13, 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 (AAPL), (BIIB), ( C), (CSCO), (MS), (YHOO), (MSFT); Najarian Owns (FNM) Puts; Najarian Owns (DNA) Calls, (COP) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (AAPL), (AEO), (FNM), (MSFT), (TSO), (VLO), (WMT), (YHOO), (SUN); Finerman's Firm Is Short (IJR), (IYR), (MDY), (SPY), (IWM), (COF), (LEH); Gartman Owns (COIN), (PBR), (GLD), (GWR), (SJT), (DE), (NFLX), (CQB), (SDS); Gartman Is Short (GM), (DRYS), (GOOG), (CME), (WFMI), (SWY), (ING); CIBC Gartman Index Owns Gold, The Euro, Sugar; GE Is The Parent Company Of CNBC