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The Pitch: Occidental Petroleum

As they say on TV, it’s the cold-calling segment that's sweeping the nation; one trader, one stock, and 30 seconds to make the case.

Joe Terranova, chief market strategist at Virtus Investment Partners, made a pitch for Occidental Petroleum on Wednesday's "Fast Money."

Oil prices could go higher, said Terranova. To get exposure, avoid the Gulf of Mexico, where it remains to be seen whether President Obama will lift a moratorium on deep-water drilling. The better play, he said, is on-shore. He likes Occidental, a large integrated company based in San Antonio, Texas that in addition to the Lone Star State, has exposure in California and the Middle East.

"Great resources. Great company," said Terranova, adding praise for its recent acquisition of Phibro, an energy trading unit that had operated under Citigroup.

What do you think? Does Terranova's pitch speak to you? Let us know by casting your vote below!

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Trader disclosure: On Aug 25, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (BM), (GOOG), (MSFT), (QCOM), (TER), (BRCM), (AXP), (C), (MRVL), (BMO), (V), (POT), (GLD), (FCX), (APA), (SU), (XBI); Cortes Owns (FCX), (SFD), (BHP), (TD), (BMO);Cortes Is Short Yen; Cortes Owns Crude Oil; Najarian Owns (HPQ) Calls; Najarian Owns (CELG); Najarian Owns (TCK); Najarian Owns (CNI); Najarian Owns (TEVA); Najarian Owns (V) Calls; Najarian Owns (STX) Calls; Najarian Owns (WDC) Calls; Najarian Owns (MU) Calls

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
Virtus Investment Partners own more than 1% of (ALK)
Virtus Investment Partners own more than 1% of (AMKR)
Virtus Investment Partners own more than 1% of (CASS)
Virtus Investment Partners own more than 1% of (CSVI)
Virtus Investment Partners own more than 1% of (XLY)
Virtus Investment Partners own more than 1% of (XLP)
Virtus Investment Partners own more than 1% of (DRYS)
Virtus Investment Partners own more than 1% of (EXR)
Virtus Investment Partners own more than 1% of (XLI)
Virtus Investment Partners own more than 1% of (IGE)
Virtus Investment Partners own more than 1% of (LDR)
Virtus Investment Partners own more than 1% of (LPHI)
Virtus Investment Partners own more than 1% of (XLB)
Virtus Investment Partners own more than 1% of (MGRC)
Virtus Investment Partners own more than 1% of (NRCI)
Virtus Investment Partners own more than 1% of (DBV)
Virtus Investment Partners own more than 1% of (SUBK)
Virtus Investment Partners own more than 1% of (XLK)
Virtus Investment Partners own more than 1% of (XLU)
Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)

For Brian Kelly
Accounts managed by Kanundrum Capital own (GDXJ)
Accounts managed by Kanundrum Capital own (GLD)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own U.S. Dollar
Accounts managed by Kanundrum Capital own (TBT)
Accounts managed by Kanundrum Capital own (ANDE)
Accounts managed by Kanundrum Capital own Swiss Franc
Accounts managed by Kanundrum Capital are short (XLF)
Accounts managed by Kanundrum Capital are short (IAI)
Accounts managed by Kanundrum Capital are short (RSX)
Accounts managed by Kanundrum Capital are short (AFL)
Accounts managed by Kanundrum Capital are short (MCO)
Accounts managed by Kanundrum Capital are short Mexican Peso
Accounts managed by Kanundrum Capital are short U.K. Pound
Accounts managed by Kanundrum Capital are short Australian Dollar
Accounts managed by Kanundrum Capital are short (RTH)

For Dennis Gartman
Funds managed by Gartman own Gold
Funds managed by Gartman is short the Euro

For Peter Boockvar
Boockvar is long the Euro

For Eric Jackson
Funds managed by Jackson own (MSFT)

Moshe Orenbuch
(C), (JPM), (BAC) , (WFC), (PNC), (USB) Is Or In Past 12 Months Was A Client Of Credit Suisse
Credit Suisse Provided Investment Banking Services To (C), (JPM), (BAC), (WFC), (PNC), (USB) In Past 12 Months
Credit Suisse Provided Non-Investment Banking Services To (C), (JPM), (BAC), (WFC), (PNC), (USB) In Past 12 Months
Credit Suisse Has Managed Or Co-Managed Public Offering Of Securities For (C), (JPM), (BAC), (WFC) In Past 12 Months
Credit Suisse Has Recieved Investment Banking Compensation From (C), (JPM), (BAC), (WFC), (USB) In Past 12 Months
Credit Suisse Expects To Receive/Seek Investment Banking Comepnsation From (C), (JPM), (BAC), (WFC), (PNC), (USB) In Next 3 Months
Credit Suisse Has Received Non-Investment Banking Compensation From (C), (JPM), (BAC), (WFC), (PNC), (USB) In Past 12 Months

For Gene Munster

(ACOM), (LOGM), (RLOC) have been investment banking clients of Piper Jaffray during the past 12 months.

Piper Jaffray expects to have (RLOC) as an investment banking client within the next three months.

Piper Jaffray received non-investment banking securities-related compensation (DRIV) during the past 12 months

Piper Jaffray makes a market AAPL, ACOM, AMZN, BIDU, DRIV, EBAY, FMCN, GOOG, GSIC, IACI, KONG, LOGM, MCHX, MELI, PRTS, RLOC, SINA, SOHU, VCLK, WWWW, YHOO

For Mike Khouw
***No Disclosures***

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