Microsoft (MSFT) releases earnings Thursday after the bell. That leaves you one day to make your move. What is it?
Jeff Macke likes Microsoft and thinks it’s a good time to get on board.
The other traders agree.
Also, Dylan Ratigan reveals in late breaking news that Bank of America (BAC) is poised to launch a major shakeup of its investment bank, according to the Wall Street Journal. This includes layoffs and the forced ouster of the head of its Global Corporate and Investment Banking unit, according to people familiar with the plan.
Karen Finerman isn’t surprised by the news. She thinks CEO Ken Lewis gave plenty of signals that a shake-up was coming.
Guy Adami can’t recommend buying any stock in the financial space right now, although he recommends keeping an eye on this one.
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Trader disclosure: On Oct 24, 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 (DIS), (INTC), (ATVI), (YHOO) (EMC); Najarian Owns (C), (DISH), (EMC), (MSFT), (YHOO), (SNDK), (GOOG); Finerman Owns (GS); Finerman's Firm Owns (ASD), (BIIB), (CTX), (MSFT), (NYX), (NMX), (TGT), (WMT), (PLCE), (MO), (C); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm And Finerman Own (HD), (C), (FLS), (KALU)