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In this feature the traders reveal their favorite rising star stock. Find out which energy name could power up your portfolio!
This weeks rising star stock is Petrobras Energia Participaciones [PZE
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] a subsidiary of Brazil's Petrobras (PBR).
According to the company's website, Petrobras Energia Participaciones is engaged in oil and gas exploration and production, refining, petrochemicals, electricity generation, transmission and distribution and hydrocarbons marketing and transportation. It has operations in Argentina, Bolivia, Brazil, Ecuador, Mexico, Peru, Colombia and Venezuela
Here are some more particulars:
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Petrobras Energia Participaciones (PZE)
-Based in Buenos Aires
-Sector: Energy
-Industry: Oil & Gas
-Market Cap of $1.2 Bln
-52 Week High: $14.82
-52 Week Low: $4.42
-Down 54% Over Last 52 Weeks
Why is this firm a rising star stock?
"I think it’s more of an old star about to be reborn again," says Seymour. "It trades at a big discount to Petrobras. It may be an interesting time to get in. If you like the big father I think you’ll like the baby bear."
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Trader disclosure: On Feb. 23rd, 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 (GE) Puts; Najarian Owns (GDX) & (GDX) Short Calls; Najarian Owns (HPQ) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (X) Put Spread; Najarian Owns (WFC) & (WFC) Calls; Seymour Owns (AA), (BAC), (EEM), (FXI); Seymour Is Short (NUE); Seymour's Firm Owns (PCU); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Owns (MSFT), (RIG); Finerman's Firm Is Short (IYR), (IJR), (MDX), (SPY), (BBT), (VNO)
Data is a real-time snapshot *Data is delayed at least 15 minutes