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Calls Of The Day: Best Buy, Burger King

Find out what top analysts are saying about Best Buy, Burger King and more. How should you be positioned, now?

BEST BUY

In a first on Fast, David Strasser of Janney Montgomery says Best Buy could see a boost in sales from the new 3-D TV's. He will publish estimates on Monday.

For every million that get sold it could add 10 cents to Best Buy's bottom line, he tells the desk. And that doesn't take into account the Blu-Ray DVD players, glass, cables and all the high margin stuff that can really drive earnigns.

What should you make of it?

Best Buy trades around 12 times, says Guy Adami. It could be worth a shot.

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BURGER KING

Shares of Burger King rallied on Thursday after Deutsche upgraded the stock to ‘Buy’ from ‘Hold’ and increased the price target to $24 from $19 citing relative underperformance.

What should you make of it?

I can't get behind Burger King at these levels, says Brian Kelly. But I did like it 2 and a half points ago.

RESEARCH IN MOTION

Shares of RIM closed lower despite a bullish note out Thursday from Oppenheimer. After conducting channel checks Oppenheimer forecast a solid quarter and reiterated its ‘Outperform’ rating.

What should you make of it?

The stock has had a huge run and now I'd lighten up, counsels Joe Terranova.

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Trader disclosure: On March 18th, 2010, 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), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Stutland Equities Is A Market Maker in (VIX); Stutland Equities Is A Market Maker in (SPX) Futures; Stutland Owns (GS) Call Spread; Stutland Owns (GE); Kelly Is Short (EURUSD); Kelly Is Short (GBPUSD); Kelly Is Short (EZU); Finerman's Firm Is Short (SPY), (IWM), (MDY), (IJR), (SPY), (USO); Finerman's Firm Owns (IYR) Puts; Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm And Finerman Own (GOOG); Finerman's Firm And Finerman Own (JPM); Finerman's Firm And Finerman Own (WFC) Preferre ; Grasso Owns (TSO); Grasso Owns (AAPL)

For Steve Grasso
Stuart Frankel & Co. Inc. And Its Partners Are Short (AAPL)

For David Strasser
Janney Montgomery Scott is Market Maker in (BBY)
Janney Montgomery Scott Receives Compensation from (BBY)
Janney Montgomery Scott is Market Maker in (HGG)

GE Is The Parent Company Of CNBC


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