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'This' Will Be Remembered as Hot Trade of 2011, Says Analyst

Could steel be the trade of 2011? Burke & Quick steel analyst Aldo Mazzaferro says you bet your sweet bippy!

Mazzaferro upgraded three steel stocks, AK Steel, Reliance as well as Nucor , this week on his expectation that prices will continue higher.

"The single thing that changed the most for me was the attitude of the steel buyers as I talked with them," says Mazzaferro in a live interview on CNBC's Fast Money. "They seem very resigned to price increases."

Get all the details. Watch the video now!


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Trader disclosure: On Feb 15, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (F); Seymour owns (FXI); Seymour owns (GE); Seymour owns (GM); Seymour owns (INTC); Seymour owns (POT); Adami Owns (AGU) ; Adami Owns (C); Adami Owns (GS);; Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Adami's wife works for (MRK); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman Owns (C); Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (M); Finerman's Firm Owns (MCD); Finerman's Firm And Finerman Own (MSFT); Finerman's Firm Owns (WMT); Jon Najarian owns (NWL) calls; Jon Najarian owns (DELL) calls; Jon Najarian owns (CHS) calls; Jon Najarian owns (AMD), is short (AMD) calls; Jon Najarian owns (BP), is short (BP) calls; Jon Najarian owns (CME), is short (CME) calls; Jon Najarian owns (CBOE), is short (CBOE) calls; Jon Najarian owns (GS), is short (GS) calls; Jon Najarian owns (JNPR), is short (JNPR) calls; Jon Najarian owns (NYX), is short (NYX) calls; Jon Najarian owns (RIMM), is short (RIMM) calls; Jon Najarian owns (WMT), is short (WMT) calls; Jon Najarian owns (X), is short (X) calls; Weiss owns (QCOM); Weiss owns (VZ); Weiss owns (SMCI); Weiss owns (CSCO); Weiss owns (MSFT); Weiss owns (AGU); Weiss owns (IPI); Weiss owns (JPM); Weiss owns (FAS); Weiss owns (UUP); Weiss owns (MEE); Weiss owns (BTU); Weiss owns (CNX); Weiss owns (DVN); Weiss owns (COP); Weiss owns (HBAN)

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For Sal Arnuk
Arnuk has no disclosures

For Aldo Mazzaferro
Mazzaferro has no disclosures

For Scott Nations
Nations is long (SPY)

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