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Bill Ackman Bounce Potential in Miners, Rails and This REIT: Jon Najarian

Thursday, 2 Feb 2012 | 2:31 PM ET

He’s been called one of the smartest investors on the planet and on Thursday, billionaire hedge fund manager Bill Ackman is expected to reveal new insights on the market.

Speaking at an investment conference for Boys & Girls Harbor - a charity that benefits inner city children, Ackman will likely highlight stocks and sectors where he sees opportunity.

Although many big investors talk about the market, Ackman is in a somewhat different league. “Whatever stocks he talks about in events like this, they usually move,” explains trader Jon Najarian.

Pershing Square Trade
Jon NajarianFast Money trader, weighs in on the trade on Ackerman's presentation.

In advance of his speech, Najarian revealed areas of the market that he thinks could pop after Ackman's commentary is made public.

“I’m watching GDX – Ackman has expressed interest in this area before,” says Najarian.

“Also I’m watching rails – Ackman has tried to ride the rails,” says the money pro.

And a (single) stock I find interesting is Rouse Properties – a spinout from General Growth. The reason that’s interesting is because Ackman is going on stage with one of the heads of (rival) Vornado. Because Ackman holds a stake in RSE it could get mentioned.”

It's important to note the trades mentioned above are purely speculate. “I did reach out to Pershing Square and they did not respond,” Najarian says.

Ackman is expected to speak sometime after 3:30pm ET.


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Trader disclosure: On Feb 2, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; J. Najarian is long CME; J. Najarian is long CBOE; J. Najarian is long CIGX; J. Najarian is long APPL calls spreads ; J. Najarian is long RIMM calls spreads; J. Najarian is long GS calls spreads; J. Najarian is long XLF calls spreads; J. Najarian is long CROX calls spreads; J. Najarian is long FIO calls spreads; J. Najarian is long NBR calls spreads; J. Najarian is long RRC calls spreads; J. Najarian is long WLT calls spreads; J. Najarian is long RSE calls spreads; J. Najarian is long GGP calls spreads; J. Najarian is long GDX calls spreads; J. Najarian is long GDXJ calls spreads; Cortes is long treasuries; Cortes is long SO; Cortes is long MO; Cortes is short crude; Cortes is short CAD; Cortes is short FSLR; Grasso is long AVAV; Grasso is long ASTM; Grasso is long BA; Grasso is long D; Grasso is long LIT; Grasso is long MHY; Grasso is long MO; Grasso is long PFE; Grasso is long PRST; Grasso is long S; Grasso is long XLU

For Brian Kelly
Shelter Harbor Capital is long XLF
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Shelter Harbor Capital is long copper
Shelter Harbor Capital is long GLD
Shelter Harbor Capital is long SLV
Shelter Harbor Capital is short yen

For Steve Grasso
Stuart Frankel & its partners own CSCO
Stuart Frankel & its partners own CUBA
Stuart Frankel & its partners own GERN
Stuart Frankel & its partners own HPQ
Stuart Frankel & its partners own HSPO
Stuart Frankel & its partners own MU
Stuart Frankel & its partners own NYX
Stuart Frankel & its partners own PRST
Stuart Frankel & its partners own XRX
Stuart Frankel & its partners own ZNGA

For Arvind Bhatia
(ZNGA) Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company




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