Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour suggests long Anglo-American which he thinks gets a higher bid.
Guy Adami recommends long Burlington Northern below $70
Karen Finerman prefers longTarget Scroll down to find out why!
Joe Terranova thinks Freeport McMoRan is a buy with a stop at $45.10.
STOCK OF THE DAY: TARGET
Karen Finerman suggests putting Target on your radar.
Same store sales numbers were not spectacular but they did guide to the high-end of their range, she says. That suggests confidence in the quarter. And they’ve showed margin improvements. Plus the stock has come in quite a bit and current valuations look attractive.
WHO MADE THE MOST MONEY TODAY?
For Thursday July 9th the Fast Money desk thinks the person who made the most money is Ron Baron Of Baron Capital.
This investor made a cool 13.3 million in a relatively quiet tape as he watched his 5 million shares of Wynn soar over 7%
Wynn $13.3 million
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Trader disclosure: On July 9th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm And Finerman Own (BAC) Preferred Shares; Finerman's Firm And Finerman Own (RIG); Finerman's Firm Owns (ELX) And (ELX) Puts; Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Finerman's Firm Owns (DYN), (TGT), (MSFT), (PBR), (WMT); Finerman's Firm Is Short (XRT), (IYR), (IJR), (MDY), (SPY), (IWM), (USO), (USO); Seymour Owns (AA), (AAPL), (BAC), (C), (DBA), (EEM); Seygem Asset Management Is Short (FXI); Seymour Owns (MGM); Seygem Asset Management Owns (DO); Terranova Owns (OIH), (XBI), (ABT), (MSFT), (POT), (RIMM); Terranova Owns Crude Oil Futures
Terranova Works For (VRTS); Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO
Virtus Diversifier PHOLIO Owns (IGE); (DBC); (DBV) , (ABD) Virtus Investment Partners Owns More Than 1% Of (ABD), (CBL), (CAL), (CLB), (DLR), (EXR), (IGE) (MEE), (DBC), (DBV), (DBA), (SKT), (TNB), (UA), (WBMD) ; Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co