It's time for more Fast Money Madness! As the NCAA tournament marches on, we're pairing off the most-talked about 64 companies on the street. The guys will determine the winners through debate, and end up with a national champion -- Fast Money's favorite stock.
Tonight we bring you the best names in the commodity and industrial space.
The first big match up of the night: #16-seed Nucor (NUE) versus #4-seed BHP Billiton (BHP).
Jeff Macke chooses BHP – because they’re expanding iron ore operations in Australia.
Tim Straazini likes BHP for it’s diversification – it’s not just a steel play.
Guy Adami goes with Nucor because steel demand is on the rise and inventory is going down.
Eric Bolling can’t decide – so he picks Nucor, creating a tie and forcing The Commissioner to make the call.
Dylan Ratigan says BHP advances.
Onto the next big match up of the night: #6 seed Valero (VLO) versus #7 seed Deere & Co (DE).
Jeff Macke says refiners are on fire – but Deere has more infront of it. He picks DE.
Tim Strazzini says VLO has another 10% in it – and he likes Valero.
Guy Adami picks DE because they just made an acquisition that’s going to increase their footprint.
Eric Bolling does it again – he can’t decide so he picks Valero – crating a tie and forcing The Commissioner to decide again.
Dylan Ratigan says he loves a green tractor and Deere advances.
*The teams were seeded using analyst ranking data from the Wall Street blog http://tickersense.typepad.com/
On MAR 23, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Bolling Gold, Silver Strazzini Owns (T), (VZ), (MPEL), Soybeans, Is Short Corn