The world's biggest retailer holds its annual meeting Friday - and some speculate it could be CEO Lee Scott's last stand. That leaves you one day to make your move. What is it?
Jeff Macke thinks it’s time for Wal-Mart (WMT) CEO Lee Scott to go. He adds the stock hasn’t really moved in 5 years and upper management is clearly distracted by impending lawsuits.
If speculation suggests there’s going to be a change at the top – Jeff says WMT is a raging buy.
Pete Najarian agrees and says overall he prefers Target (TGT).
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Trader disclosure: On May 30, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Najarian Owns (AAPL), (BIIB), (CBH); Bolling Owns (ICE), (NMX), Gold, Silver, Natural Gas, Coffee, Sugar; Bolling Is Short (FXI) And Is Long (FXI) Puts Coronat Capital Management Owns (GSOL)