GO
Loading...

Your Questions About… SuperValu, Broadcom and More

The Fast traders always enjoy hearing from you. Following are your questions about Supervalu, Broadcom and more.

@HarrisStevenJ

Q: $SVU releases earnings Tuesday, up 3% today. Thoughts on food retail space, especially with current high gas prices?

A: “I don’t like Suervalu, Kroger or the space in general,” replies trader Joe Terranova. However he does like niche food retailers such as Whole Foods and Hains Celestial , both of which appeal to a more affluent consumer and better leverage trends such as organics.

--------------

@1datgottaway

Q: Samsung amazing Q1 guidance last week. A sign consumer spending is recovering?

A: “I believe it is a sign that spending is recovering,” replies trader JJ Kinahan. “Guidance was amazing. I think we could see the same in retail stocks. “

Trader Mike Murphy agrees. “Samsung is a great company to own. They have a lot of growth potential overseas and it’s a hedge against Apple . The wisdom on the Street is that if anyone can knock Apple of its perch, it’s Samsung.”

--------------

@Tommy555657

Q: Could you talk about BRCM? I've been buying on dips now it keeps dipping.

A: “I think Broadcom is still ok,” replies trader Stephen Weiss. “I think smartphone usage will increase and Broadcom should benefit. I still like it.”

--------------

@nicheBRA

Q: $GS. What pricing to expect going into its earnings?

A: JJ Kinahan says that if you’re bullish, he suggests playing Goldman with options. “If you think the stock is going higher, I’d sell puts,” he says.

* You can find our Tweet the Street segment about 1 minute into this video clip.



______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.


Trader disclosure: On Apr 9, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long IBM; Joe Terranova is long MCD; Joe Terranova is long EMC; Joe Terranova is long MSFT; Joe Terranova is long GS; Joe Terranova is long HFC; Joe Terranova is long COG; Joe Terranova is long JOY; Joe Terranova is long OXY; Joe Terranova is long LQD; Stephen Weiss is long QCOM; Stephen Weiss is long WLP; Stephen Weiss is long AIG CALLS; Stephen Weiss is long NAV; Stephen Weiss is long HAIN; Stephen Weiss is long JPM; Stephen Weiss is long BAC; Stephen Weiss is short AAPL PUTS; Stephen Weiss is short X; Stephen Weiss is short JCP; Stephen Weiss is short KSS; Stephen Weiss is short XHB; Stephen Weiss is short FXA; Stephen Weiss is short BTU; Stephen Weiss is short ANR; Stephen Weiss is short MT

Dennis Gartman
Dennis Gartman is long gold in yen terms

Chad Bartley
PCS makes a market in the shares of EXPE
PCS makes a market in the shares of GOOG
PCS makes a market in the shares of PCLN

CNBC.com with wires.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report