Is there a trade, here?
The Ambassador doesn’t think it matters where oil prices are. Even with low prices at the pump he still expects a push toward alternative energy under the new administration. "I’d keep an eye on Trina Solar ."
"And I’m long uranium through Uranium One and Cameco as a play on nuclear energy."
As you know Jeff Macke is anything but bullish on altnernative energy. He feels Tim Seymour's picks work fine for a trade but he thinks the bigger issue is gasoline which is cheap now. "That’s all that matters."
However, in the energy sector he sees opportunity in coal. "Check out Arch Coal," counsels the Wolf.
The Pit Boss also likes coal stocks.
And he thinks drillers are over-sold. "I see opportunity in that space going forward."
"I look at the alternative energy space from time to time but I still can’t get excited," says the Chairwoman.
She likes nat gas and nat gas companies such as Devon and Anadarko.
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Trader disclosure: On Dec. 15th, 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 (MSFT), (WMT), (SDS), (MCD); Najarian Owns (FCX), (RDC); Najarian Owns (BMY) Calls; Najarian Owns (NUE) And Is Short (NUE) Calls; Najarian Owns (UYG) And Is Short (UYG) Calls; Finerman's Firm Owns (AET), (DSX), (MSFT), (DVN), (APC); Finerman's Firm Is Short (VNO), (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (USO); Seygem Asset Management Owns (FXI); Seymour Owns (AAPL), (BAC), (F), (MER), (TSL), (CCJ); Seymour Owns Shares Of Uranium One, Inc.
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