The guys go behind the headlines and give you their take on... the company poised to benefit from The Masters Golf Tournament...Kirk Kerkorian's bid for Chrysler... and more.
THE MASTERS TRADE:
The headline: Pinnacle Brand Golf Balls Owned By Fortune Brands (FO) Poised To Benefit From Master's Golf Tournament
The word: Pete Najarian says FO is sitting in the sweet spot and he likes this company.
CAPTAIN KIRK'S AUTO SHOW:
The headline: DaimlerChrysler (DCX) Shares Soar After Billionaire Kerkorian Makes $4.5 Cash Bid For Chrysler.
The word: Guy Adami says there are 4 bidders now for Chrysler, the only winner in that is DCX.
The headline: Gas-Rich Countries Discuss Forming Natural Gas Cartel
The word: Eric Bolling says the bad news is 50% of US homes are heated by natural gas. The good news is 96% of the natural gas used by the US is produced in North America. It doesn’t matter if there’s a gas cartel! In the space Eric likes El Paso (EP) and Oneok (OKS).
TOO HOT FOR CHINA:
The headline: China Raises Bank Reserve Ratio For 6th Time In Less Than A Year To Slow Inflation
The word: Karen Finerman says don’t be fooled. If China really wanted to slow down their economy, they would be successful.