Trader Radar - Tuesday May 20th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. It’s the company that keeps your laptop on lock down with firewalls and filters built to vaporize viruses. Best known by the brand name “Norton,” it’s COO said yesterday the business was as recession-proof as their software is hacker-proof. Who is it?
A: On the trader radar tonight we’re watching Symantec! Shares of this computer anti-virus vendor were among the most active names on the Nasdaq today.