Question #1: Stephanie from California wonders if she should short restaurants such as Morton's (MRT) and Ruth's Chris Steak House (RUTH) due to the recent run-up in beef prices?
Pete Najarian likes both stocks because higher beef prices are passed along to consumers. He explains if beef prices come down – the restaurants won’t bring prices down.
Question #2: Jeannette from Washington is interested in buying Ford (F) because she feels shares are very low right now. She asks how likely this stock is to rebound?