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Charles Darwin, whose book "On The Origin of Species" transformed how we see the natural world, was born 200 years ago today.
Wondering what on earth that would have to do with trading? Simple. He advanced the concept of survival of the fittest and nothing could be more relevant in today’s stock market.
So, in keeping with that theme we asked the traders, who will survive this recession and come out stronger? Here’s their theory of evolution!
Guy Adami
Look at Jefferies [JEF
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], says the Negotiator. Their quarter was a disaster but they’re positioned for a rebound. When the world comes back together they should win.
Pete Najarian
I like Apple [AAPL
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], says the Pit Boss. “They’ve got $28 billion in cash, they’re trading at a low multiple, and they’ve got growth out the wazoo!”
Jeff Macke
My play is Hasbro [HAS
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], says the Wolf. If you have kids you’re going to buy toys. Also, they just reported their quarter, that means they can’t miss for another 2 ½ months!
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
- Take Your Position: Cyber Monday
- Rick's Turkey: Fed Transparency
- Under The Radar Trades
- Our Best Black Friday Trades
- GDP Drags Stocks Lower
- Halftime Report: Is Oil Heading To $96?
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Trader disclosure: On Feb. 12th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CAT) Call Spread, (ENER) Call Spread, (EEM) Call Spread, (GDX) Call Spread, (GLD) Call Spread; Najarian Owns (CHK) Put Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GS) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (DNA) & (DNA) Call Spread; Finerman's Firm Owns (MSFT), (UNH); Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (COF), (USO), (BBT); Macke Owns (RIMM), (AAPL), (MS), (TM), (SDS)




