Fast Money: Rapid Recap - The first and only official show synopsis
RSS FEED
RECENT POSTS
- Your First Move For Friday February 10th
- Home Builder Optimism Up, Industry Expert Says
- Chart Patterns Suggest Pullback at Hand
- UPDATE: Massive Trend Just Getting Underway in Financial Services: Finerman
- Terranova: Beware Nuance Play On Apple Spike
- Mortgage Settlement Could Buoy BofA Most: Traders
- Mark Mahaney Talks Akamai, Groupon, Yahoo ...
- iPad 3, iTV and iPhone 5 Should Drive Apple to $665: Money Pros
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a daily email from the Fast Money team!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Ear To The Wall: Hedge Fund Hot Picks
Text Size 
Producer
 |
Over the last 12 month picking winners was a little like stealing candy from a baby. Just 25 stocks in the S&P 500 fell in the period.
But the tide is turning.
If Tuesday’s s drop is any indication trading this market is about to get a lot more difficult.
In fact, some would say, it’s largely a job for the professionals.
And in that spirit we turned to Fast Money friend Whitney Tilson of T2 Partners amid his value investing congress in California.
How's Tilson gaming this market?
He’s playing defense by getting long big cap blue chips, which he says “are probably the only stocks in the market that are under-valued.”
Tilson is bullish on Berskhire [BRK.B
Loading...
()
], Microsoft [MSFT
Loading...
()
], Kraft [KFT
Loading...
()
], and Pfizer [PFE
Loading...
()
].
And his latest hot stock is BUD [BUD
Loading...
()
]. “We think the stock is a double in the next couple years without any big tailwinds from the recovery.”
If you’re looking for some short ideas Tilson says look at companies with terrible fundamentals and very high valuations such as home builders.
- Home Builder Optimism Up, Industry Expert Says
- Chart Patterns Suggest Pullback at Hand
- UPDATE: Massive Trend Just Getting Underway in Financial Services: Finerman
- Terranova: Beware Nuance Play On Apple Spike
- Top Fashion Stocks for 2012
- Pros Bullish On Visa, Even After It Hits a New High
- Semantics Suggest Higher Bid Ahead for Illumina: Finerman
- Premium Commanded by Whole Foods Ridiculous, or Surprisingly Modest?
- Caesar’s IPO Might Not Be a Good Bet, Pros Say
- Mega-Commodities Deal Puts Resource Stocks in Play
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .
Trader disclosure: On May 4, 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 (PFE); Najarian Owns (GS) Calls; Najarian Owns (MS); Najarian Owns (C) Calls; Najarian Owns (SFD) Calls; Najarian Owns (TEVA); Adami Owns (AGU), (C), (INTC), (GS), (NUE), (MSFT), (BTU); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (USO); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (AEO), (ARM); Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm Owns (BAC), (BAC) Calls; Finerman's Firm And Finerman Own (CVS); Finerman's Firm And Finerman Own (JPM); Finerman's Firm And Finerman Own (RIG), (RIG) Calls; Finerman's Firm Owns (WFC) Preferred; Terranova Owns (PFE), (SWN), (XCO), (TER); Terranova Owns (C) May Calls; Terranova Is Long Gold June 2010 Futures; Terranova Is Short (CMA); Edwards Owns (VXX); Kelly Owns (FXE) Puts; Kelly Owns (FXB) Puts; Cortes Is Long Treasuries; Cortes Is Long U.S. Dollar; Nations Owns (SPY)
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 (AMKR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (DBV)
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 (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (DRYS)
For Whitney Tilson
Funds Managed By Whitney Tilson Own (BUD)
Funds Managed By Whitney Tilson Own (BRK.A)
Funds Managed By Whitney Tilson Own (BRK.B)
Funds Managed By Whitney Tilson Own (MSFT)
Goldman Sachs Is A Prime Broker For Funds Managed By Whitney Tilson
For Anthony Scaramucci
Scaramucci Owns (WMT), Skybridge Owns (WMT)
Scaramucci Owns (PFE), Skybridge Owns (PFE)
Scaramucci Owns (MRK), Skybridge Owns (MRK)
Scaramucci Owns (GS), Skybridge Owns (GS)
Scaramucci Owns (MS), Skybridge Owns (MS)
Scaramucci Owns (JPM), Skybridge Owns (JPM)
For Patty Edwards
Edwards Owns (SPY) For Clients
Edwards Owns (QQQQ) For Clients
Edwards Owns (WMT) For Clients
Edwards Owns (PFE) For Clients
Edwards Owns (MRK) For Clients
Edwards Owns (BMY) For Clients
Edwards Owns (AAPL) For Clients
Edwards Owns (MS) For Clients
Edwards Owns (JPM) For Clients
Edwards Owns (BAC) For Clients
Edwards Owns (C) For Clients
Edwards Owns (WFC) For Clients
Edwards Owns (EEM) For Clients
Edwards Owns (GLD) For Clients
Edwards Owns (PGM) For Clients
For Brian Kelly
Kanudrum Capital Is Long U.S. Dollar
Kanudrum Capital Owns (TLT)
Kanudrum Capital Owns (GLD)
Kanundrum Capital Owns (GFI)
Kanundrum Capital Owns (AUY)
Kanundrum Capital Is Short (DE)
Kanundrum Capital Is Short (NUE)
Kanundrum Capital Is Short (FDX)
Kanundrum Capital Is Short (XOM)
Kanundrum Capital Is Short (HES)
Kanundrum Capital Is Short (IBM)
Kanudrum Capital Is Short Euro
Kanudrum Capital Is Short British Pound
Kanudrum Capital Is Short Yen
Kanudrum Capital Is Short Swiss Franc
Late Additions:
Kanundrum Capital Is Short Yen
Kanundrum Capital Is Short Euro
Kanundrum Capital Is Short Pound
Kanundrum Capital Is Short (RSX)
Kanundrum Capital Is Short (NUE)
Kanundrum Capital Is Short (DE)
Kanundrum Capital Is Short (CLF)
Kelly Owns (FXE) Puts
Kelly Owns (FXB) Puts
Funds Managed By Whitney Tilson Own (KFT)
Funds Managed By Whitney Tilson Own (PFE)
Funds Managed By Whitney Tilson Are Short (PALM)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes
