RECENT POSTS
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
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 an investor who feels like nothing’s working, don’t despair. Fast Money has uncovered a trend that’s thriving despite the deep recession.
Although the worst economy since the Great Depression has dragged down real estate and retail, it’s actually creating growth in certain areas. And like the 1930’s few areas are benefiting more than entertainment.
But we’re not talking just any old kind of entertainment – we’re talking digital delivery. It seems these days people want their entertainment delivered -- directly to their desktops and laptops. And a handful of companies are trying to get ahead of that curve.
| ||
Netflix
If you think Netflix [NFLX
Loading...
()
] is going the way of the 8-track tape, think again. Netflix is riding the digital wave by streaming its monster catalogue directly to your PC or game console.
And the technology is getting very popular – very quickly. When the firm announced earnings in January Netflix said, “about one-fifth of the company's nearly 10 million subscribers used its "Watch Instantly" service that lets them stream movies and TV shows to laptops or TVs.”
The trend sent profit up a surprising 45%. "It's very clear that streaming is energizing our growth," says Netflix Chief Executive Reed Hastings.
“This company is a great play,” Citigroup analyst Mark Mahaney tells the Fast Money traders. “This is a great way to play digital video delivery over the next 3- 5 years.”
| ||
Amazon
On Monday Amazon [AMZN
Loading...
()
] unveiled its Kindle 2. If you’ve never heard of it – don’t worry. It was a niche thing until Oprah called it her favorite gadget back in October. Then, sales went through the roof. Now, some say it may overtake the iPhone as the next cult contraption.
Essentially Kindle is a digital reader that holds up to 1,500 books and newspapers and includes a "talk to me" feature that reads to you aloud.
Amazon CEO Jeff Bezos says that Kindle orders were strong around the holidays and that he expects that to continue despite the economy. ""Even in this environment, people are buying Kindles," Bezos says.
Amazon has carefully guarded key details, including how many Kindles have sold since they debuted late in 2007. Mark Mahaney, a self-proclaimed Kindle bull, estimates Amazon sold a half million last year and tells Fast Money that the Kindle is on track to become a $1.2 billion business for Amazon by 2010.
However, Mahaney also says don’t get ahead of the trend. He doesn’t see a trade here for the next couple of quarters.
Other Trades
If you’re looking for other trades Mahaney has a buy on Akamai [AKAM
Loading...
()
]. “It is partially a play off digital video. That stuff has to be delivered by somebody and Akamai is one of the companies that’s going to deliver it."
Also Mahaney recommends long positions in Google [GOOG
Loading...
()
] and Priceline [PCLN
Loading...
()
].
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
______________________________________________________
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 those e-mails to .
Trader disclosure: On Feb. 9th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (MT), (BAC), (EEM), (FCX), (VIP), (BIDU); Seymour's Firm Owns (VIP); Macke Owns (MOS), (TM), (SDS), (AAPL), (BAC), (DIS); Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (MT) Calls, (GS) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (CAT) Call Spread, (ENER) Call Spread, (EEM) Call Spread, (GDX) Call Spread, (MOS) Call Spread; Najarian Owns (GE) Puts; Finerman's Firm Owns (MSFT), (PM), (RIG); Finerman's Firm Owns (DNA) & (DNA) Calls; Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (USO)
For Mark Mahaney:
Citigroup Received Compensation From (AMZN)
Cititroup Has Had (AMZN) As A Client In The Past 12 Months
Citigroup Is A Market Maker In The Shares Of (AMZN)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes