Your First Move For Monday July 30th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Pete Najarian, co-founder OptionMonster.com, recommends longStarbucks . Najarian thinks the company is 'firing on all cylinders' and says recent weakness due to Europe headwinds is an opportunity.
Steve Grasso, director of institutional sales trading at Stuart Frankel, suggests longForum Energy .
Josh Brown, author of The Reformed Broker blog, prefers longTarget. “I don’t think this stock is done going up,” he says. Brown and others believe economic uncertainty will drive shoppers to Target for competitive prices.
Joe Terranova, chief market strategist for Virtus, is a buyer of Texas Bancshares as a bet this and other US-based regional banks that have little exposure to overseas woes will benefit as the housing market recovers.
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Trader disclosure: On July 26, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova is long (VRTS); Terranova is long (MCD); Terranova is long (USB); Terranova is long (GS); Terranova is long (JPM); Terranova is long (YHOO); Terranova is long (SBUX); Terranova is long (WFM); Terranova is long (AAPL); Terranova is long (NXPI); Brown is long (TGT); Brown is long (XBI)
For Kathy Lien
For Bill Irving
For Jordan Rohan
Stifel Nicolaus maintains a business relationship with Amazon.com, Inc.. Stifel, Nicolaus & Company, Inc. makes a market in the securities of Amazon.com, Inc.. Stifel, Nicolaus & Company, Inc. expects to receive or intends to seek compensation for investment banking services from Amazon.com, Inc. in the next 3 months.
For Sara Senatore
Bernstein currently makes a market in the following companies SBUX / Starbucks Corp.
For Gene Munster
The following companies have been investment banking clients of Piper Jaffray during the past 12 months: FB
Piper Jaffray expects to have the following companies as investment banking clients within the next three months: FB
Other material conflicts of interest for Gene Munster or Piper Jaffray regarding companies in my universe for which I am aware include: FB
Piper Jaffray makes a market in the securities of the following companies, and will buy and sell the securities of these companies on a principal basis: FB