Call To The Floor: Hot Topic
By: Shares of teen retailer Hot Topic have been on fire, up more than 40% so far this year.
It seems the company’s strategy has paid off. Hot Topic has been tightening up its inventory and focusing on licensed products from major movies including Hunger Games and Avengers.
But those movies are both already open. What hot movie is the company planning to leverage in the next quarter? Will the gains continue?
Find out from Hot Topic CEO Lisa Harper. Watch the video now!
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Trader disclosure: On May 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; Josh Brown is long AAPL; Josh Brown is long JPM; Josh Brown is long GLD; Josh Brown is long GDX; Josh Brown is long XLU; Tim Seymour is long BAC; Dan Nathan is long APPL JUN 550/520 PUT SPREADS; Dan Nathan is long IBM JULY 200/185 PUT SPREADS; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM; Karen Finerman is long HPQ; Karen Finerman is long JAKK; Karen Finerman is short SPY; Karen Finerman is short MDY; Pete Najarian is long AAPL; Pete Najarian is long C; Pete Najarian is long MS CALLS; Pete Najarian is long INTC; Pete Najarian is long SBUX; Pete Najarian is long PEP; Pete Najarian is long HPQ; Pete Najarian is long FB
For Doug Sipkin
SFG is a market maker in the securities of Morgan Stanley: MS
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