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 
 |
In this feature the traders reveal their favorite rising star stock. Find out why Zach Karabell thinks a molybdenum miner could provide steel support for your portfolio.
This weeks rising star stock is Thompson Creek Metals [TC
Loading...
()
] .
According to the company's website, Thompson Creek Metals Company Inc. is one of the largest publicly traded, pure molybdenum producers in the world. Molybdenum is a key component of steel production used as a strengthening and anti-corrosion agent in both steel and stainless steel.
Here are some more particulars:
| ||
Thompson Creek Metals (TC)
-Based in Toronto, Canada
-Sector: Basic Materials
-Industry:Metal Mining
-Market Cap of $359 Mln
-52-Week High $27.09
-52-Week Low $5.00
-Down 84% Over Last 52 Weeks
Why is this firm a rising star stock?
"Because molybdenum is necessary to make high-end steel," explains Zach Karabell. It’s an irreplaceable input.
"And we need high end steel to make aircrafts and buildings and other sophisticated things for the global economy." In other words, Karabell is trading on the thesis that the developing world will continue developing.
“If you think there will be a need for steel going forward there should be a need for molybdenum,” he concludes. And as a result, a need fo Thompson Creek Metals.
- Your First Move For Tuesday November 24th
- Pops & Drops: Cigna, Verizon...
- Giving Thanks: Energy
- Web Extra: Winning The Chocolate Wars
- Holiday Travel Outlook
- Trading The Dollar Drama
- Prepare For Large Decline In Stocks, Next Year?
- Unusual Options Action w/ Pete Najarian
- Take Your Position: Black Friday
- Mutual Fund Mondays
______________________________________________________
Got something 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 message to .
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