Not interested in our conventional defensive play of consumer companies? Well here’s an unconventional play! No sector has been working better in this jittery market than wireless telecom. Amidst all the turmoil, can you find a safe haven in the palm of your own hand?
Pete Najarian says the trade is Alvarion (ALVR) – the biggest player in the WiMAX sector. He also likes FiberTower Corp (FTWR) which is a trade first introduced to the panel by Karen Finerman.
Guy Adami likes Research In Motion (RIMM).
Eric Bolling recommends AT&T (T) because the stock holds its own in a down market.