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Your Questions About Amazon, Ford and More

Tuesday, 3 Apr 2012 | 1:12 PM ET

The Fast Money traders also enjoy hearing from you. On Tuesday they tackled your questions about Amazon, Ford and more.

Here’s what you asked and how the traders replied:

@iotapi322

Q:
$AMZN seems to be a in a bullish pattern. no?

A:
Pete Najarian replies, “When I look at the chart it seems like Amazon is screaming to the upside. Wall Street may not be able to get its arms around valuations but for now I think the stock will go higher.”

@researchrants

Q: $F. Pullback based on Toyota sales? Seems dumb to me, think it should be higher.

A: Simon Baker agrees that Ford's pullback doesn't make sense but adds he'd rather play the space is with dealerships. “I like Sonic Automotive . They own over a 100 dealerships and sell 30 different brands. And the stock has 24% short interest, Good news should generate a squeeze.”

@hosertp

Q: Is URBN a sell (yet) at these levels?

A: Josh Brown replies, “Urban Outfitters is certainly not cheap. It trades at 25 times earnings.” However in the space he prefers long Lululemon.

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CNBC's Scott Wapner checks out what's trending on Twitter now.






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Trader disclosure: On April 3, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Pete Najarian is long AAPL CALLS; Pete Najarian is long AAPL; Pete Najarian is long BAC CALLS; Pete Najarian is long C ; Pete Najarian is long JPM CALLS; Pete Najarian is long MS; Pete Najarian is long C; Pete Najarian is long YHOO; Pete Najarian is long SBUX CALLS ; Pete Najarian is long COP ; Pete Najarian is long PEP; Simon Baker is long JPM; Simon Baker is long GDX; Simon Baker is long MS; Simon Baker is long GLD; Simon Baker is long XLU; Simon Baker is long XLF; Simon Baker is long IBM; Simon Baker is long WMT; Simon Baker is long JOY; Simon Baker is long GMCR; Simon Baker is long ADSK; Simon Baker is long FCX; Simon Baker is long DELL; Simon Baker is long IBM; Simon Baker is long NKE' Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long NUE; Guy Adami is long BTU; Guy Adami is long MSFT; Josh Brown is long AAPL; Josh Brown is long LULU; Josh Brown is long SIRI

For Dan Dicker
Dan Dicker is long ECA
Dan Dicker is long SD
Dan Dicker is long XOM
Dan Dicker is long OIL

For Charlie Denson
Nothing to disclose

For MacNeil Curry
Nothing to disclose

For Stephen Gengaro
Sterne, Agee & Leach, Inc. makes a market in the shares of SLB
Sterne, Agee & Leach, Inc. has, over the past 12 months, managed or co-managed a public securities offering or provided other investment banking services for SLB
Sterne, Agee & Leach, Inc. received compensation for products or services other than investment banking services in the past 12 months from SLB
The Sterne Agee analyst who has active coverage on this company owns a position in SLB
Sterne, Agee & Leach, Inc. or its affiliates beneficially own 1% or more of any class of common equity securities of SLB

For Sam Dubinsky
Wells Fargo Securities, LLC maintains a market in the common stock of STLD
Wells Fargo Securities, LLC maintains a market in the common stock of NUE
Wells Fargo Securities, LLC maintains a market in the common stock of X
Wells Fargo Securities, LLC or its affiliates managed or comanaged a public offering of securities for X
Wells Fargo Securities, LLC or its affiliates managed or comanaged a public offering of securities AKS
Wells Fargo Securities, LLC or its affiliates intends to seek or expects to receive compensation for investment banking services in the next three months from X
Wells Fargo Securities, LLC or its affiliates intends to seek or expects to receive compensation for investment banking services in the next three months from NUE
Wells Fargo Securities, LLC or its affiliates intends to seek or expects to receive compensation for investment banking services in the next three months from STLD
Wells Fargo Securities, LLC or its affiliates received compensation for investment banking services from X
Wells Fargo Securities, LLC or its affiliates received compensation for investment banking services from AKS
Wells Fargo Securities, LLC and/or its affiliates, have beneficial ownership of 1% or more of any class of the common stock of X
United States Steel Corporation, AK Steel Holding Corporation currently is, or during the 12-month period preceding the date of distribution of the research report was, a client of Wells Fargo Securities, LLC. Wells Fargo Securities, LLC provided investment banking services to United States Steel Corporation, AK Steel Holding Corporation.
United States Steel Corporation, Steel Dynamics, Inc., Nucor Corporation currently is, or during the 12-month period preceding the date of distribution of the research report was, a client of Wells Fargo Securities, LLC. Wells Fargo Securities, LLC provided noninvestment banking securities-related services to United States Steel Corporation, Steel Dynamics, Inc., Nucor Corporation.
Steel Dynamics, Inc. currently is, or during the 12-month period preceding the date of distribution of the research report was, a client of Wells Fargo Securities, LLC. Wells Fargo Securities, LLC provided nonsecurities services to Steel Dynamics, Inc.
Wells Fargo Securities, LLC received compensation for products or services other than investment banking services from X
Wells Fargo Securities, LLC received compensation for products or services other than investment banking services from NUE
Wells Fargo Securities, LLC or its affiliates may have a significant financial interest in X
Wells Fargo Securities, LLC or its affiliates may have a significant financial interest in NUE
Wells Fargo Securities, LLC or its affiliates may have a significant financial interest in STLD
Wells Fargo Securities, LLC or its affiliates may have a significant financial interest in AKS
Wells Fargo Securities, LLC or its affiliates intends to seek or expects to receive compensation for investment banking services in the next three months from an affiliate of AKS
Wells Fargo Securities, LLC or its affiliates managed or co-managed a public offering of securities for an affiliate in the last 12 months from AKS
Wells Fargo Securities, LLC or its affiliates received compensation for investment banking services from an affiliate in the past 12 months of AKS

CNBC.com with wires.

  Price   Change %Change
AMZN
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F
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LULU
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SAH
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URBN
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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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