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Market Pro Reveals 'Undiscovered' Stock

Thursday, 15 Apr 2010 | 5:57 PM ET

We have a fast flash underway -- and this one should give bulls all the more reason to celebrate.

The Dow Transports are breaking out -- up 8% in 5 days. That compares to 2% for the Dow Industrials .

And that smells like a big fat trade to Stephen Weiss, author of "The Billion Dollar Mistake." He also ran Lehman's global research and sales earlier this decade.

Weiss tells the desk strength in transports makes him he’s bullish Frontline in part because the company is a major shipper of oil and he thinks demand from China will only increase their volumes.

“Also the CEO owns a third of the stock and is clearly aligned with shareholder value," Weiss says. "It pays a dividend of almost 3% and of the 25 analysts that follow it; 9 rate it a sell and 7 rate it a hold. As they catch up the stock could go a lot higher.”

Buy Shippers On Oil
Stephen Weiss, investor and author of "The Billion Dollar Mistake."


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Trader disclosure: On Apr 15, 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 (C), (INTC), (MSFT); Grasso Owns (C), (AAPL), (BAC); Terranova Owns (AXP), (HES), (TER), (APA), (YHOO), (MOS); Terranova Is Short (LCC); Terranova Is Short (BRE); Terranova Owns (C) Calls; Terranova Owns (GOOG) Calls; Terranova Owns (SONC) Puts; Seymour Owns (BAC), (AAPL), (EEM), (INTC), (MON), (MGM), (MGM); Seymour's Firm Owns (POT); Seymour's Firm Is Short (X); Najarian Owns (BAC) Call Spread; Najarian Owns (C) Calls; Najarian Owns (CLF) Call Spread; Najarian Owns (GOOG) May Calls, Short April Calls; Najarian Owns (GE) Calls; Najarian Owns (PCX) Call Spread; Najarian Owns (MOS) Call Spread; Najarian Owns (SUN); Najarian Owns (YHOO) Call Spread; Najarian Owns (TCK); Najarian Owns (F); Finerman Owns (GOOG), (AAPL), (RRI), (BAC), (YUM); Finerman's Firm Is Short (IJR), (MDY), (IWM), (IYR), (SPY); Finerman's Firm Owns S&P Puts; Finerman's Firm Owns (JPM); Finerman Own (JPM); Finerman's Firm Owns (GLW); Finerman's Firm Owns (BAC); Finerman's Firm Oww (BAC) Preferred; Finerman's Firm Owns (WFC) Preferred; Finerman Owns (WFC) Preferred; Cortes is Short (LVS) & (WYNN); Cortes Owns (GS); Cortes Owns (MS); Cortes Is Short S&P Futures ; Kinahan Owns (C); Kianahan Owns (GE)

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For Steve Grasso
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Profit's Fund Owns (GE)
Profit's Fund Owns (GOOG)
Profit's Fund Owns (UPS)
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