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Jakks Pacific - Karen Finerman's Top Trade

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Published: Monday, 23 Apr 2012 | 5:56 PM ET
Lee Brodie By:

Producer

Although shares of Hasbro took a beating on Monday smaller rival Jakks Pacific surged.

Does the strength in Jakks signal any fun and games for traders?

Fast Money pro Karen Finerman thinks it does. “I’m all in and would continue to be long,” she says.

Find out why. Get all the details. Watch the video now!

Takeover Target: Jakks Pacific
Shares of Jakks surged 5% today on a possible buyout deal, with the Fast Money traders.








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Trader disclosure: On Apr 23, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Steve Grasso is long ASTM; Steve Grasso is long AVAV; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long HY; Steve Grasso is long NUAN; Steve Grasso is long MO; Steve Grasso is long PFE; Steve Grasso is long PRST; Steve Grasso is long S; Steve Grasso is long XLU; Steve Grasso is long ZAZA; Pete Najarian is long AAPL; Pete Najarian is long BAC CALLS; Pete Najarian is long C; Pete Najarian is long MS; Pete Najarian is long INTC; Pete Najarian is long YHOO; Pete Najarian is long SBUX CALLS; Pete Najarian is long COP; Pete Najarian is long PEP; Pete Najarian is long HPQ; Pete Najarian is long WLT; Pete Najarian is short NFLX; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long NFLX PUT SPREADS; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM CALLS; Karen Finerman is long HP; Karen Finerman is short AAPL CALLS; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY

Mark Mahaney
Citigroup Global Markets Inc. or its affiliates beneficially owns 1% or more of any class of common equity securities of NFLX
The Firm is a market maker in the publicly traded equity securities of NFLX

For Will Power
Robert W. Baird & Co. Incorporated makes a market in the securities of AAPL
Robert W. Baird & Co. Incorporated and/or its affiliates expect to receive or intend to seek investment banking related compensation from the company or companies mentioned in this report within the next three months: AAPL

For Dennis Gartman
Dennis Gartman is long Gold

For Rebecca Patterson
Nothing to disclose


CNBC.com with wires.

 Print
Although shares of Hasbro took a beating on Monday smaller rival Jakks Pacific surged. Find out why Karen Finerman thinks the smaller game maker could be a big winner.
  Price   Change %Change
HAS ---
JAKK ---

   
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