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Eating Our Way Out Of This Mess

Thursday, 19 Mar 2009 | 6:41 PM ET

On Thursday at least one casual dining company got the thumbs up. Jefferies increased its price target on Buffalo Wild Wings to $42 from $34 citing strong sales and growth.

If you read those self-help books you probably know that all too often people eat their way through depression but can we collectively eat our way out of recession?

The traders think it's a distinct possibility. "Forget the recession, one thing people are not going to do is stop eating fast food," says Fast Money's Pete Najarian. "Giddyup!"

In fact the whole gang agrees and here's how they suggest trading it!

Jeff Macke

I like McDonald’s as an international play, says the Wolf.

Guy Adami

With stimulus in China targeted at the consumer I’d look at Yum!, counsels the Negotiator, because they have a large presence in that nation.

Pete Najarian

Or you can take a look at Darden , adds the Pitt Boss. They projected 20%- 25% growth this year.

Tim Seymour

I also like McDonald’s and Yum, the Ambassador chimes in.

Eating Our Way Out Of Depression
Another strategy for surviving hard times, with the Fast Money traders.

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Trader disclosure: On Mar. 19th, 2009, 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 (AA), (BAC), (EEM), (FXI), (VIP), (TS); Seymour's Firm Owns (PBR); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Macke Owns (GE), (SDS), (MOS); Macke Is Short (BRK.b); Najarian Owns (C) Call Spread; Najarian Owns (GDX); Najarian Owns (GD) Call Spread; Najarian Owns (GLD) Put Spread; Najarian Owns (MS) & (MS) Calls; Najarian Owns (MSFT) & (MSFT) Calls; Najarian Owns (TGT) Call Spread; Najarian Owns (WFC) & (WFC) Puts; Najarian Owns (XHB) Call Spread; Najarian Owns (MCD) Calls

  Price   Change %Change
BWLD
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DRI
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YUM
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MCD
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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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