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Fast Money 360: Pfizer

Considering shares of Pfizer are down about 7% year to date, how should you game this stock in the wake of earnings, Tuesday?

Seems like a good time for Fast Money 360. Find out what fundamentals, technicals and insights from the options world all suggest lie ahead for this stock!

FUNDAMENTALS

Anthony Scaramucci of Skybridge Capital Partners is bullish.

Scaramucci likes Pfizer because it’s a very liquid and very defensive name and he says the company has more than enough cash to make additional acquisitions to beef up the pipeline.

In addition, Scaramucci likes that “ Pfizer has a 4.37 dividend yield and that its trading at 12.2 times trailing earnings,” a discount to its peers.

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CHARTS

Oppenheimer’s Carter Worth says the stock is so bad it’s actually a good contrarian play.

”The pattern is so atrocious, that it's attractive,” says Worth. Not only is “the stock one of the worst performing names in the Dow but it’s down over the past 10-years,” he explains.

At $16 I’m a buyer but strictly for a bounce,” he counsels.

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OPTIONS

Jon Najarain of OptionMonster doesn’t have a directional play but he does expect earnings to move the stock.

”The options market is pricing in about a 85 cent move,” he explains. “Now, over the past three times, it's only moved 55 cents. So this is an out-sized move.”

*Find out what the desk has to say about this stock. Watch the video now!





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Trader disclosure: On May 3, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (GS) Call Spreads; Najarian Owns (RIMM) Call Spreads; Najarian Owns (TEX) Call Spreads; Najarian Owns (MS), Is Short (MS) Calls; Najarian Owns (JPM), Is Short (JPM) Calls; Najarian Owns (BAC), Is Short (BAC) Calls; Najarian Owns (C), Is Short (C) Calls; Najarian Owns (WFC), Is Short (WFC) Calls; Najarian Owns (AAPL), Is Short (AAPL) Calls; Najarian Owns (MMR) Call Spreads; Najarian Owns (AMZN) Call Spread; Najarian Owns (AKAM) Call Spread; Najarian Owns (CAT); Najarian Owns (C) Calls; Najarian Owns (CLF) Call Spread; Najarian Owns (F) Calls; Najarian Owns (MMR) Call Spread; Najarian Owns (MS), Is Short (MS) Calls; Najarian Owns (NSC) Calls; Najarian Owns (NRG) Calls; Najarian Owns (PFE); Najarian Owns (SOA) Call Spread; Najarian Owns (TEX) Call Spread; Najarian Owns (YHOO) Call Spread; Seymour Owns (F), (BAC), (MPEL), (DRYS);(AAPL), (MSFT); Karabell Owns (GS), (C), (AAPL), (VALE), (RIMM); Grasso Owns (NDAQ), (DYN), (LPX), (ASTM), (ABK), (BAC), (BGP), (C), (CVGI), (JPM), (NEM), (PRST), (PFE), (BA), (T), (CSCO), (X)Kelly Owns (FXE) Puts; Kelly Owns (FXB) Puts; Finerman's Firm Is Short (IYR), (MDY), (SPY); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Fim Owns (BAC), (BAC) Calls; Finerman Owns (BAC), (BAC) Preferred; Finerman Owns (GOOG); Finemran's Firm And Finerman Own (JPM); Finerman's Firm Owns (MCD); Finerman's Firm And Finerman Own (RIG), (RIG) Calls; Finerman's Firm Is Short (USO); Finerman Owns (WFC) Preferred; Finerman's Firm Owns (PLCM); Terranova Owns (SWN), (XCO), (HES), (AXP), (TER); Terranova Is Short (CMA); Terranova Owns (PFE) May Calls; Terranova Owns (C) May Calls; Terranova Is Long June Gold 2010 Futures; Cortes Is Long U.S. Dollar; Cortes Is Short Crude Oil; Cortes Is Short (IWM) On Spread vs. Long (SPY)

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