Considering it's "Green Week" here at NBCU, we couldn't think of a better time to call on Commander Planet for his best green play!
In case that just sounds weird, Commander Planet is what we affectionately call Pete Najarian because he follows alternative energy stocks so closely.
And Najarian seems to have a knack for spotting those companies which stand to profit from green energy initiatives.
And right now he suggests putting BP on your radar. Of all the major oil names, “they’re one of the most exposed to alternative energy,” Najarian says. “In fact they’ve got 35 years of experience.”
”Considering India has committed $19 billion towards solar power and BP has significant exposure to Asia, it makes sense to conclude that BP has great opportunities there.”
But that's only one of Najarian’s alt energy trades. Check out the many other companies Najarian has on his radar.
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Trader disclosure: On November 18th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (POT), (NUE), (AAPL), (BAC), (EEM), (GE), (INTC), (FXI), (VIP); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman Owns (FLS); Finerman's Firm Owns (MSFT), (NOK), (PLCE), (TGT), (WMT), (DRI); Finerman's Firm Is Short (USO), (IJR), (MDY), (IWM), (UNG); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (FLS), Is Short (FLS) Calls; Najarian Owns (DELL) Calls; Najarian Owns (EXPE) Calls; Najarian Owns (FXI) Call Spread; Najarian Owns (INTC) & (INTC) Calls; Najarian Owns (LAZ) & short (LAZ) Calls; Najarian Owns (MCD) Call Spread; Najarian Owns (RIMM) Call Spread; Najarian Owns (QLOGIC) Call Spread; Najarian Owns (TXN) & Short (TXN) Calls; Najarian Owns (YHOO) & (YHOO) Puts; Najarian Owns (BG) Call Spread; Najarian Owns (TXN) & (TXN) Call Spread
For Jon Najarian
J. Najarian Own (PALM)
J. Najarian Owns (ADS)
For Doug Kass
Kass Owns (BAC)
For Toni Sacconaghi
Sanford Bernstein Owns (DELL)
(DELL) Was A Client Of Bernstein In Past 12 Months
Sanford Bernstein Makes A Market In (DELL)
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