Your First Move For Wednesday, May 23rd

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Jeff Macke thinks the horror show might finally be over for Home Depot (HD). With an analyst meeting Thursday and hurricane season just around the corner, the stock has room to run.

Pete Najarian sees upside potential in the homebuilders, especially Standard Pacific (SPF).

Guy Adami was so compelled by Jeff’s earlier argument for SuperValu (SVU), that he’s recommending it as a buy.

Eric Bolling is reiterating his call on Hess (HES). Down $1.50 today, he sees a good opportunity to buy in.

Symbol
Price
 
Change
%Change
HD
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ICTXX
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CAA
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SVU
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Trader disclosure: On May 22, 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); Najarian Owns (MDT), (STI); Bollings Owns Coffee, Sugar, Gold, Silver, March Natural Gas Futures, Is Short April Natural Gas Futures