FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
 |
Investors are keeping a close eye on Best Buy [BBY
Loading...
()
]earnings Tuesday before the bell to see if the electronics retailer benefited from the government stimulus checks. According to Piper Jaffray, Best Buy should "continue to capture market share due to continued strength in laptops and its expanded assortment of both Apple and Dell products.”
They investment bank maintains a "Buy" rating and $54 price target on the stock. Meanwhile, Best Buy announced plans to open three stores in China as part of a larger effort to expand their international presence which sent shares higher by the close.
I’m not a buyer of Best Buy, says Jon Najarian. But for a related play I’d look at Tom-Tom [TOM2
Loading...
()
]and Garmin [GRMN
Loading...
()
], he suggests. And I also like Marvell Technologies [MRVL
Loading...
()
]. Options action suggests to me that this stock could go higher.
It’s a tough space, counters Jeff Macke. The only think they sell at Best-Buy which I think you can trade is Activision [ATVI
Loading...
()
].
Check Out These Other Posts |
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On June 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; Macke Owns (ATVI), (INTC), (MSFT), (DIS); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (NUE), (MSFT), (INTC), (MSFT), (DIS); Pete Najarian Owns (ANR), (BHI), (CHK), (TSO), (XLF), (HPQ); Pete Najarian Is Short (KEY); Pete Najarian Owns (BAC) Puts, (WFMI) Puts, (FITB) Puts; Pete Najarian Owns (EXM) And (EXM) Puts; Pete Najarian Owns (AAPL) And (AAPL) Puts; Finerman Owns (GS); Finerman's Firm Owns (MSFT), (NYX), (SUN), (TSO), (VLO), (PM), (MO); Finerman's Firm Owns SPX Index Puts; Finerman's Firm Is Short (BIG), (IYR), (IJR), (MDY), (IWM), (SPY); Finerman's Firm Is Long (AAPL) Out-Of-The Money Calls; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Is Short The British Pound
Jon Najarian Owns (GRMN), (MRVL); Jon Najarian Is Long Call Spreads In (AAPL)
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes