UPS reported better-than-expected results Tuesday, and said its retail business is a wildcard headed into the holiday season. But Fast Money's Guy Adami is ready to bet on brown now -- especially with investors expecting online retailer Amazon to knock the cover off the ball when it reports after the bell.
The UPS stock performance Monday has not been great,” said Adami. But what’s going on at Amazon and eBay is good for UPS. (He's referring to the strength in online retail.)
3 out of 4 Amazon packages ship via UPS, Adami added. If the Fed bails out Christmas, it will be a present for UPS stock .
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Trader disclosure: On Oct 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; Macke Owns (YHOO), (COH), (DIS), (EMC), Najarian Owns (SII), (C), (GOOG), (YHOO), Najarian Owns (AMZN) Options; Finerman Owns (C ), (GS), (BIIB), (BEAS), (MSFT); Finerman's Firm And Finerman Own (TGT); Finerman's Firm Owns (WMT), Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts