Your First Move For Tuesday July 7th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour suggests long Mobile Telesystems
Guy Adami recommends long Yum! Brands
Karen Finerman prefers longChildren’s Place (Click here to find out why!)
Jon Najarian thinks Petrohawk Energy is a buy due to an unusually high volume of call activity.
Click here to see other Final Trade posts.
STOCK OF THE DAY: SCHLUMBERGER
Guy Adami recommends putting Schlumberger on your radar. He says with share price nearing a 50% retracement since its June highs, SLB could be in play merely due to over-correction. He’s a buyer around $49.50.
WHO MADE THE MOST MONEY?
For Monday July 6th the Fast Money desk thinks the person who made the most money is…Warren Buffett.
American Express $177 million
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Trader disclosure: On July 7th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (BAC) Preferred; Finerman Owns (BAC) Preferred; Finerman's Firm Is Short (BAC); Finerman Owns (RIG), (TBT); Finerman's Firm Owns (FCN), (MSFT), (NOK), (PBR), (RIG), (TBT), (WMT), (PLCE); Seymour Owns (AA), (AAPL), (BAC), (BX), (EEM), (FXI), (F), (NUE); Seymour's Firm Owns (MBT); Seymour's Firm Is Short (PBR), (PTR); Najarian Owns (COST), (DNDN), (GS), (MS), (V), (WFC), (HK); Najarian Is Short (NVDIA); Najarian Owns (AAPL) Calls