Here are Navellier's Plays:
- Tessera Tech
Navellier: They’re helping patent all the technology on the smartphones. And I’m very comfortable with their business model. But let the dust settle. I think this is a buy in a few days.
Navellier: They’re in the diet business. Sales and earnings have been strong and it too is a very well run company.
Navellier: They’re in the oil services business and service a lot of turbines. I expect about an 8% up-side earnings surprise. And they have a great international business that should benefit from the weak dollar. I think it could easily go up 20%- 30%
- Southwestern Energy
I’m expecting at least a 17% earnings surprise. They’re a horizontal driller down in Arkansas and the reason we have more nat gas then we know what to do with. But the price of nat gas is starting to rise.
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Trader disclosure: On October 29th, 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 (AAPL), (AA), (BAC), (BX), (EEM), (MYL), (INTC), (MSFT), (VALE); Seymour Is Short (FXI); Grasso Owns (AAPL), (ABK), (BA), (C), (COST), (PFE), (WMT), (FAZ); Terranova Owns (IBM), (QCOM), (GS); Finerman Owns (BAC), (PDE), (TGT), (WMT); Finerman's Firm Owns (PDE), (FLS), (RIG), (TBT), (YUM); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO), (UNG), (TLT); Jon Najarian Owns (INTC) Calls, Jon Najarian Owns (AMD) Calls
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