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Top Gun
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I’m watching Raytheon[RTN
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] , reveals Jon Najarian, as well as General Dynamics [GD
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] and Honeywell [HON
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]. All three stocks had unusual options activity which leads me to believe these stocks are going higher.
I love HON, adds Guy Adami. I think it’s still cheap on a valuation basis. Also look at Lockheed [LMT
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].
Meanwhile, it could be worth noting that big-dollar warplane programs run by Boeing [BA
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] and Lockheed Martin Corp received boosts in the House of Representatives Armed ServicesCommittee on Wednesday. As part of its version of a 2009 defense policy bill, the panel voted to spend $3.9 billion to buy 15 Boeing C-17 cargo planes.
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Trader disclosure: On May 14, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Macke Owns (MSFT), (INTC), (WMT), (EMC), (DIS); Pete Najarian Owns (AAPL), (BKC), (ENER), (TSO), (XLF); Pete Najarian Owns (C) Calls, (MSFT) Calls, (YHOO) Calls; Finerman Owns (GS); Finerman's Firm Owns (JCP), (MSFT), (SUN), (TSO), (VLO), (AEO), (PLCE); Finerman's Firm Owns (YHOO) Puts And Call Spreads; Finerman's Firm Owns (C) And (C) Leaps; GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC; Charles Schwab Is A Sponsor Of "Fast Money"
Jon Najarian Owns (LVS), (RTN), (HON)
Data is a real-time snapshot *Data is delayed at least 15 minutes
