The Guys Answer Your Investment Questions, Personally!


Question 1:
Jessi from Indiana asked, in the past year, Wal-Mart has been experiencing slower same-store sales growth than in previous years. Recently, they have been branching out and targeting a new segment of suburban, middle-income customers in attempt to find a new source of growth. Do you think this strategy will be successful?

Jeff Macke answered. He said Target has been performing better than Wal-Mart. Target is the better bet, because they understand the middle income consumer better.

Question 2:
John from Florida asked about Amgen. This stock is hanging around a 52 week low and was down 4% yesterday on the news that the SEC is probing their anemia drug Aranesp. Given the unstable market conditions we have, I am wondering if 4% was an overreaction and if AMGN is a buy here?

Tim Strazzini answered. The stock is down 15% and with good reason. There is some real risk here. I think AMGN does not present a great risk reward here.

Question 3:

Katie from Arkansas said due to the recent whipping we have all taken: we have march calls that are suffering somewhat: Schlumberger and Transocean . Should we sell these and take a loss or hold out another two weeks until expiration because you feel we still might could capture some upside?

Eric Bolling answered. He said, “I love the oil services, I like the whole sector. Sell the options and buy some shares.”

Question 4:

Randal from NY (who was the winner of NBC's "The Apprentice" a few season back), said two of the companies founded by students that he profiles in his book, Campus CEO, are Microsoft and Yahoo!. There have been ongoing rumors that Microsoft may look to acquire Yahoo! including a just-released report from UBS. Do you think this is a good time to buy Yahoo! or Microsoft? How has this rumor has affected either stock?

Guy Adami likes Yahoo! Microsoft might be six and a half times the size of Yahoo! but, Adami says, anything is possible.

Questions? Comments?

Trader disclosure:
On MAR 2, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders.
Strazzini: Gold,(MER), WMT, YHOO
Bolling: Gold, Silver, Soybeans, Short Corn, (NMX), (ICE)