Tim Strazzini says most US money center banks are going to stay vertically integrated so they can cross sell. Tim recommends Audra consider iShares S&P Global Financials Sect. (IXG), an ETF with global exposure.
Question #3: TJ from New York is a young investor looking to add another stock and diversify his portfolio. He already owns Motorola (MOT) Starbucks (SBUX) and Evergreen Solar (ESLR) and wants to know with Summer at hand, if a beverage company such as Diageo (DEO) is a good move?
Jeff Macke says he likes DEO and also recommends TJ add Safeway (SWY) and Supervalu (SVU) to his portfolio.
Question #4: Merril Hoge, ESPN College Football commentator calls the guys via webcam. He wants to know if he should buy real estate or real estate stock?
Guy Adami says he’d rather own the “real” real estate. However he also likes the mall REIT General Growth Properties (GGP).
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On APR 26, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (SWY);Strazzini Owns (WMT), (YHOO); Bolling Owns (XOM), (AMZN) Options, Gold, Silver, Corn; Bolling Is Short Soybeans