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Apr.07
5:35 PM ET
Tuesday, 7 Apr 2009
Trader Radar - Tuesday April 7th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Back in 1916, this company was first to patent a design for a handheld, pistol grip drill. Almost 100 years later, it’s the largest maker of power-tools in the U.S. selling everything from miter saws to air compressors. But today, the stock was a major fixer-upper after a downgrade at Raymond James sent the shares plummeting. Who is it?
A: On the trader radar tonight we’re watching Black & Decker [BDK
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]! The largest power tools maker in the U.S. was among the most active names on the NYSE today.
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