RECENT POSTS
- Your First Move For Friday December 5th
- Web Extra: Fast & Furious Trades For Friday
- Bear Market Boot Camp, Pt. 2
- Fast Message - We Answer Your About T-Bills, Chesapeake Energy...
- Pops & Drops: Credit Suisse, Starbucks...
- It’s A Matter Of Trust
- When Will Hedge Funds Stop Selling
- Which Industries Will Drive Growth?
- Your First Move For Friday December 5th
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.
Text Size 
 |
If you’re like many investors you’re probably just itching to snap up beaten down shares in desperate sectors such as technology and retail. But is that really a smart thing to do?
With so many uncertainties in this market it takes a lot of guts to bite the bullet and buy. But if you’re an investor who sees the glass as “half full” you’re in good company. Hedge fund manager Bill Ackman tells us, “I am long term bullish.”
In fact, Ackman sees opportunity right here, right now. “I think this is, short term, a very good opportunity to make investments in high quality, great businesses at cheaper prices than I’ve seen in a long time.”
He’s particularly bullish on Target [TGT
Loading...
()
]. “We think the company trades for less than it’s real estate value. You’re getting a retailer for free and you’re getting a credit card business for free. They’re a well capitalized business and they generate a lot of cash."
Traders, how would you play it?
I’m long McDonald’s [MCD
Loading...
()
], says Jeff Macke.
I’d look at Yum Brands [YUM
Loading...
()
], adds Guy Adami. Their current valuations are too low. And Lockeed Martin [LMT
Loading...
()
] also looks good to me.
I bought Excel Maritime [EXM
Loading...
()
] at $11, counsels Joe Terranova.
Play pharma, exclaims Pete Najarian. I like Pfizer [PFE
Loading...
()
] as well as Celgene [CELG
Loading...
()
] at $55.
Want more trades?
Click here to find out how Zack Karabell recommends trading this market.
- Your First Move For Friday December 5th
- Web Extra: Fast & Furious Trades For Friday
- Bear Market Boot Camp, Pt. 2
- Fast Message - We Answer Your About T-Bills, Chesapeake Energy...
- Pops & Drops: Credit Suisse, Starbucks...
- It’s A Matter Of Trust
- When Will Hedge Funds Stop Selling
- Which Industries Will Drive Growth?
- Market Falls Before Jobs Report
- GM Drags Down Dow
- Your First Move For Friday December 5th
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 Oct. 7, 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 (UUP), (DIS), (WMT), (SDS), (MCD), (MSFT); Macke Is Short (TM); Najarian Owns (AAPL) And (AAPL) Puts; Najarian Owns (BIIB) Calls; Najarian Owns (GS) Call Spread; Najarian Owns (MS) And (MS) Puts; Najarian Owns (MTW) Call Spread; Najarian Owns (NCC) Calls; Najarian Owns (NOK) And (NOK) Calls; Najarian Owns (RF), Owns (RF) Put Spread, Is Short (RF) Calls; Najarian Owns (XLF) Call Spread
Terranova Owns (AAPL), (EOG), (EXM), (FCX), (FTO), (GS), (MA), (NOV), (POT), (X), (VLO); Terranova Owns (AIG) And (AIG) Puts; Terranova Owns (MS) And Is Short (MS) Call; Terranova Is Short Crude Oil Straddle
Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.: Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (CNW), (OFC), (DLM), (DRH), (DLR), (EPR), (EXR), (FL), (SLB), (LNET), (MAC)
, Shares Of Incitec Pivot Ltd., (DBC), (DBV), (SKT), (UA), (BLV), (VV), (CLB), (GWX), (IGE), (FSMXX); Virtus Investment Partners Owns Seagate Tax Refund Rights; Virtus Investment Partners Owns Seagate Technology Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of Shares Of Incitec Pivot Ltd.; Virtus Investment Partners Owns More Than 1% Of Shares Of Essex Property Trust Inc.
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)
Karabell Owns (MTW), (RIO), (FCX)
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes