Fast Money

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Fast Money

The Pitch: MEMC Electronics

This is the cold-calling segment that's sweeping the nation. One trader, 30 seconds to make their case for a stock - or else they get a dial tone.

On Wednesday Pete Najarian made the pitch for MEMC Electronics.

He likes the stock for the following reasons:

*Recent Stock Breakout

*2010 PE Level

*Solar Potential With Clean Energy Stimulus

But can he convince the desk?

This is a semiconductor company with exposure to the solar segment, he explains. It just broke above the 200-day. I think this stock prospers.

I’ve liked this stock at these levels, but I’ve gotten burned in the past, says Guy Adami.

What about you? Did the Pit Boss convince you? We want to know!




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Trader disclosure: On March 31st, 2010, 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 (INTC), (GS), (AGU), (MSFT), (NUE), (BTU), (C); Seymour Owns (AAPL), (BAC), (GE); Najarian Owns (BAC) Calls; Najarian Owns (C) Calls; Najarian Owns (CLF) Call Spread; Najarian Owns (IPI) Call Spread; Najarian Owns (JDSU); Najarian Owns (NSC) Calls; Najarian Owns (RDC) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (SWN) Call Spread; Najarian Owns (WFR) Call Spread; Najarian Owns (YHOO) Call Spread; Finerman's Firm Is Short (IYR), (IWM), (MDY), (SPY); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (BSX); Finerman's Firm And Finerman Own (JPM); Finerman's Firm Owns (MUR); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Owns (YUM); Edwards Owns (GLD) For Clients; Edwards Owns (TM); Edwards Owns (UUP); Kelly Owns (FXE) Puts

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