2 Energetic Stocks In This Tired Market

A growing number of investors are starting to worry that the rally is getting tired.

Oppenheimer's Carter Worth is among them. On Thursday’s Halftime Report, Worth – who’s been mostly bullish – raised the white flag.

”The advance we’ve enjoyed from the February 5th low is reaching the outer limits of how far it can go and how steep it can go before there’s profit taking,” he said.

At best he expects the market to trade sideways for a while.

Hillary Kramer, A&G Capital chief market strategist thinks the situation looks a little worse. She says expect a 7-10% pullback in the market and expect it to begin this month.

Even Jon Najarian told us on the Halftime Report, we need absolutely exceptional results during earnings season, or I think we pull back.

Single Stock Stories

Does that mean you can only trade from the short side? Absolutely not!. There’s plenty of opportunity on the long side. You just have to know where to look.

"The trick is to find undervalued stocks in a market that’s over extended like this one is," explains, says Hilary Kramer.

She brought two names to the Fast Money desk: They follow:

Evercore Partners (EVR)

--Boutique investment bank

--BlackRock co-rounder Ralph Schlosstein is CEO

--Shares up approx. 100% over the past 1 year

I love this company, says Kramer. They’ve been ranked #1 in M&A among the boutique investment banks. And M&A is up 12% this year. Plus they’re growing asset management and I like the valuation. Easily it could go to $40.

GeoEye (GEOY)

--Satellite imagery provider

--U.S. Government a major customer

--Shares up approx. 22% over the past 1 year

I love this as a defense play, says Kramer. Their equipment can see a postage stamp in a cave in Afghanistan. And they’ve showed 80% revenue growth quarter over quarter. There was a glitch in the satellite and the stock sold off so this is a good entry point. The company could easily be a takeover target.

Earlier in the week Kramer brought us two more picks.
Click here to read 2 Under-Valued Stocks In An Over-Extended Market

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Trader disclosure: On Apr 8, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Jon Najarian Owns (AAPL) Call Spreads; Jon Najarian Owns (AMZN) Call Spreads; Jon Najarian Owns (AMR) Call Spreads; Jon Najarian Owns (BAC) Preferred; Jon Najarian Owns (C) Preferred; Jon Najarian Owns (F), Is Short (F) Calls; Jon Najarian Owns (GS), Is Short (GS) Calls; Jon Najarian Owns (HPQ), Is Short (HPQ) Calls; Jon Najarian Owns (IGT) Calls; Jon Najarian Owns (JPM) Preferred; Jon Najarian Owns (JCG), Is Short (JCG) Calls; Jon Najarian Owns (LVS), Is Short (LVS) Calls; Jon Najarian Owns (MCD), Is Short (MCD) Calls; Jon Najarian Owns (MS) Preferred; Jon Najarian Owns (RIMM), Is Short (RIMM) Calls; Jon Najarian Owns (WMT) Calls, Is Short (WMT); Jon Najarian Owns (WFC) Preferred; Jon Najarian Owns (WYNN), Is Short (WYNN) Calls; Jon Najarian Owns (YHOO) Call Spreads; Jon Najarian Owns (AMR) Call Spreads; Jon Najarian Owns (HOTT); Jon Najarian Owns (CSCO), Is Short (CSCO) Calls; Terranova Owns (AXP), (EOG), (SWN), (FCX), (GLD), (POT), (TER), (YHOO); Terranova Is Short (XLY), (LCC), (FDX); Grasso Owns (ASTM), Grasso Owns (ABK),Grasso Owns (AAPL), Grasso Owns (BAC), Grasso Owns (BGP), Grasso Owns (C), Grasso Owns (CVGI), Grasso Owns (COST), Grasso Owns (JPM), Grasso Owns (NEM), Grasso Owns (PRST), Grasso Owns (WMT), Grasso Owns (PFE), Grasso Owns (BA). Grasso Owns (T); Edwards Owns (TM); Edwards Owns (UUP); Stutland Owns (MSFT); Stutland Equities Is A Market Maker In VIX And SPX Options; Kelly Owns (FXE) Puts; Cortes Owns (IAI), (MS), (GS); Cortes Is Short S&P Futures;Seymour Owns (AAPL),(F), (INTC)

For Tim Seymour
Seygem Asset Management Is Short (X)

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLI)

For Steve Grasso
Stuart Frankel And Its Partners Own (CUBA)
Stuart Frankel And Its Partners Own (CVGI)
Stuart Frankel And Its Partners Own (GERN)
Stuart Frankel And Its Partners Own (HSPO)
Stuart Frankel And Its Partners Own (MERC)
Stuart Frankel And Its Partners Own (NWS.A)
Stuart Frankel And Its Partners Own (NXST)
Stuart Frankel And Its Partners Own (NYX)
Stuart Frankel And Its Partners Own (PDE)
Stuart Frankel And Its Partners Own (PFE)
Stuart Frankel And Its Partners Own (PRST)
Stuart Frankel And Its Partners Own (RDC)
Stuart Frankel And Its Partners Own (TLM)
Stuart Frankel And Its Partners Own (XRX)
Stuart Frankel And Its Partners Own (SDS)
Stuart Frankel And Its Partners Are Short (QQQQ)
Stuart Frankel And Its Partners Are Short (CL)
Stuart Frankel And Its Partners Are Short (AAPL)

For Patty Edwards
Edwards Owns (AAPL) For Clients
Edwards Owns (AMZN) For Clients
Edwards Owns (ANF) For Clients
Edwards Owns (BKE) For Clients
Edwards Owns (F) For Clients
Edwards Owns (GS) For Clients
Edwards Owns (GLD) For Clients
Edwards Owns (GOOG) For Clients
Edwards Owns (HPQ) For Clients
Edwards Owns (INTC) For Clients
Edwards Owns (JCG) For Clients
Edwards Owns (JPM) For Clients
Edwards Owns (JWN) For Clients
Edwards Owns (MCD) For Clients
Edwards Owns (MS) For Clients
Edwards Owns (MSFT) For Clients
Edwards Owns (NOK) For Clients
Edwards Owns (ORCL) For Clients
Edwards Owns (SPY) For Clients
Edwards Owns (TM) For Clients
Edwards Owns (WMT) For Clients
Edwards Owns (WFC) For Clients
Edwards Owns (YHOO) For Clients

For Athony Scaramucci
Skybridge Is Short (WMT)
Skybridge Is Short (GPS)
Skybridge Is Short (KSS)
Skybridge Is Short (LTD)
Skybridge Is Short (TIF)
Skybridge Is Short (RL)
Skybridge Is Short (JAS)
Skybridge Is Short (URBN)
Skybridge Is Short (JCG)
Skybridge Owns (INTC)
Scaramucci Owns (INTC)

For Hilary Kramer
A&G Capital Owns (GEOY)

For Luciano Siracusano
Siracusano Is Chief Investment Strategist Of WisdomTree And Is An Investor In WisdomTree ETFs

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