Your First Move For Thursday July 2nd
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour recommends longNucor as a play on higher steel prices.
Guy Adami suggests longYum Brands which just received an upgrade from Goldman Sachs.
Joe Terranova suggests long nat gas “if oil rolls over.” (Click here and watch the Web Extra for an in-depth explanation of this trade.)
Pete Najarian thinksElan is a buy on speculation it’s a takeover target.
Click here to see other Final Trade posts.
STOCK OF THE DAY:Novo Nordisk
Pete Najarian likes this stock for their pipeline of diabetes drugs – also Goldman upgraded this drug maker to Buy from Neutral.
WHO MADE THE MOST MONEY TODAY?
For Wednesday July 1st the Fast Money desk thinks the person who made the most money is… Warren Buffett
Kraft $188 Mln
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Trader disclosure: On July 1st, 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), (AAPL), (BAC), (BX), (F), (NUE), (EEM); Seymour's Firm Owns (FCX), (YHOO); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU; Terranova Owns (XBI), (ABT), (MSFT), (UUP), (RIMM; Najarian Owns (F) Call Spread; Najarian Owns (GS) Call Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (PALM) call Spread; Najarian Owns (YHOO) Call Spread; Najarian Owns (ELN) Calls