Three Stocks For Thursday
By: Looking for more Fast Money trades? The Fast Pros have three stocks on their radar Thursday. Are they on yours?
Jakks Pacific
Karen Finerman suggests closely watching developments with Jakks. “Thursday is the last day to trade before an expected self-tender offer. That tender, I think, will begin on Friday. I’d own it right here,” she says.
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Tiffany
Dan Nathan says watch Tiffany. The jewelry maker announces earnings before the bell, and Nathan says pay particular attention to international sales. “50% of sales comes from overseas. A disappointment in Europe and Asia could send this stock lower,” he says.
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Starbucks
Pete Najarian’s got Starbucks on his radar. “I think it was oversold after earnings,” he says. "At $55 I think it’s a great opportunity. They’re showing great same store growth in China. BofA put a $68 price target on the stock and I agree with that.”
Posted by CNBC's Lee Brodie
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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
For Amelia Bourdeau
Nothing to disclose
CNBC.com with wires.
