Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Joe Terranova recommends longAmerican Express. The sell-off was ‘way too much,' he says.
Guy Adami suggests long Radware , “There’s a name for ya’!”
Zach Karabell prefers longAtheros.
Jon Najarian thinks Ford is a buy. “I think it could break through $13 on this run!” (Click here to find out why Ford is a Morgan Stanley best idea)
UNDER THE RADAR: NII HOLDINGS
The traders are keeping a close eye NII after the firm won the rights to develop a chunk of Mexico's spectrum in a government auction in July. Along with Mexico's top broadcaster Televisa, the companies are making plans to build a 3G network through Mexico.
What’s the trade?
NII is only trading at 4.5 times 2011 numbers, says Stephen Weiss of The Billion Dollar Mistake. I think it’s dirt cheap - they've got great growth, a reasonable valuation and they’re at the early part of this cycle. And although they largely do business in Latin America the company is headquartered here in the US.
This is a space that’s exploding, adds Jon Najarian. If you look at Millicom and American Tower you can see the growth in this space.
Click here to see other Final Trade posts.
Got something to say? Send us an e-mail at email@example.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to firstname.lastname@example.org.
Trader disclosure: On Oct. 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; Adami Owns (AGU), (GS), (INTC), (MSFT), (C), (NUE), (BTU); Adami's Wife Works At Merck ; Karabell Owns (AAPL), (FCX); Jon Najarian Is Selling (Aapl) Puts; Jon Najarian Is Long (Lvs); Jon Najarian Is Short (Lvs) Calls; Jon Najarian Is Long (Mgm); Jon Najarian Is Short (Mgm) Calls; Jon Najarian Is Short (Mos) Calls; Jon Najarian Is Short (Mos) Puts; Jon Najarian Is Long (Wynn); Jon Najarian Is Short (Wynn) Calls; Joe Terranova Is Long (EOG), (APA), (AAPL), (OIH), (VRTS), (XBI), (ARUN), (IBM), (XBI), (C), (ORCL), (PEP), (OXY), (SU), (JOYG), (RIG), (IBM), (HES), (RSH), (UPL); Stephen Weiss Owns (NIHD); Stephen Weiss Owns (SLE
For Zach Karabell:
Karabell's Firm Is Long (WCN)
Karabell's Firm Is Long (MSFT)
Karabell's Firm Is Short (SPY)
Karabell's Firm Is Short (QQQQ)
For Mike Khouw
Cantor Fitzgerald Is A Market Maker In (ADM)
For Vance Edelson
Morgan Stanley Owns 1% Or More Of (EXBD), (URS)
Morgan Stanley Has Advised On A Public Offering Of (RSG), (WM)
Morgan Stanley Has Received Compensation For Inv. Banking services from (RSG), (RHI) (URS), (WM)
Morgan Stanley Makes A Market In Shares Of (RSG), (URS), (WM)