No. 3 - Broadband Build-Out

Unless you live under a rock, you've probably heard of Apple's (AAPL) iPhone. We've already had it on the show, taken it apart and even run it through a blender. In a quest to help you find some of the companies that may profit from the device tonight The Chairwoman presents a brand new trade.

Karen Finerman’s speculative trade is FiberTower (FTWR) which is involved in wireless “backhaul.” She explains FTWR allows wireless companies such as AT&T (T) to have additional capacity.

Karen adds this trade is fraught with risk; and believes investors could either make 15 times their money over the next few years or lose it all.

Pete Najarian doesn’t like the trade because the risk profile is too high.

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Trader disclosure: On July 13th 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 (ATVI), (DIS); Finerman's Firm And Finerman Own (COP), (C), (FTWR); Finerman's Firm Owns (AA), (AL), (BWS), (BAC), (HOV), (SKX), (WMT), (FL), (GE), (TGT) Finerman's Firm Owns S&P Puts; Finerman's Firm Is Short (RTP); Finerman's Firm Is Short (RIO)