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No. 3 - Field Of Dreams?

Will ethanol remain a field of dreams? Shares of Archer Daniels Midland (ADM), the largest domestic producer of ethanol, skyrocketed after its last earnings report in January. And the stock is up 22% since then. Also, corn futures have jumped to record highs. What’s the play, now?

Eric Bolling likes ADM but isn’t sure investors should buy this stock ahead of earnings.

Eric says the trade is staying out of ethanol producers. Aventine Renewable (AVR), Pacific Ethanol (PEIX) and VeraSun (VSE) are all flat to down and Eric doesn’t like these companies as investments.

Questions? Comments? fastmoney@cnbc.com

Trader disclosure:
On APR 27, 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 Owns (IBM), (JBLU), (MPEL), (PG), (T), (WMT) Bolling Owns (MPEL), (BP), (XOM) Gold, Silver, Corn Bolling Is Short Soybeans; GE Is The Parent Company Of CNBC