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Time to sort through the Fast Money in-box and answer more of your questions.
Brian from California
Brian writes, “I’m a senior in high school and have been playing the stock market for two years now. Do you think that Bucyrus [BUCY
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] is a good buy for some fast money before its earnings report Thursday morning?”
I think Bucyrus along with Joy Global [JOYG
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] are both great plays on coal, replies Guy Adami.
Kimo from Hawaii
Kimo writes, “Why has ICICI [IBN
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] and India’s ETF [INP
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] fallen so much and have you any idea when they might recover?”
There have been some regulation issues in India's banks and it’s causing IBN to slide, explains Tim Seymour. India is the most expensive market in emerging markets and I think it will continue to slide until we see some bottoming, globally.
Cameron from Virginia
Cameron writes, “What do you think of EMC Corp [EMC
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]. It has been getting killed and yet has a great balance sheet. Would you be a buyer?
Yes I would, replies Jeff Macke. I think it could be time to start building a position.
Greg from Missouri
Greg writes, “Given Vegas’ declining revenues, do you guys have any opinion of the massive gaming growth in Macau?”
I think Wynn [WYNN
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] is a buy, replies Jon Najarian, in part because of their exposure to Macau. I think the stock should take-off in the second half of ’08.
Kevin from Missouri
Kevin writes, “What do you see as the best gas/oil play in the upcoming driving season?
I like ConocoPhillips [COP
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], replies Tim Seymour. I think it’s a good integrated company.
Or look at the United States Oil Fund [USO
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], adds Jeff Macke.
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Trader disclosure: On Apr. 10, 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), (MSFT), (YHOO), (EMC); Jon Najarian Owns (AAPL), (AG), (AGU), (AMGN), (AMR), (BG), (BHI), (C), (CCJ), (DD), (DE), (HON), (MLNM), (MON), (MOS), (TSO), (YHOO); Seymour Owns (AAPL), (CCJ), (CSCO), (F), (INTC), (MER), (MSFT), (SBUX), (TSO); Seygem Asset Management Owns (COP), (FMCN); Seygem Asset Management Owns Shares Of Uranium One; GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC
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