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Fast Money

Trader Radar - Thursday January 29th


Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This company was founded in 1910 by two young entrepreneurs selling products like milk bottle cap machines. After acquiring GE’s small appliance business in 1984, it became the largest power-tool maker in the U.S. But today, the stock was a major fixer-upper after a poor first quarter earnings forecast sent the shares plummeting. Who is it?

A: On the trader radar tonight we’re watching Black & Decker ! The largest power tools maker in the U.S. was among the most active names on the NYSE today.