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Winter Spender Bender?

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Target and other retailers are expected to report gloomy October sales on Thursday. Is anything in the group worth buying?

Jeff Macke explains that same-store sales come out Wednesday Nov. 7th and Thursday Nov. 8th.

Expectations are rock bottom, he adds. His buys are Costco (COST) for the management and Macy’s (M) because he thinks recent acquisitions will soon provide added synergy.

Karen Finerman adds that she’s a little nervous about the strength of the consumer. In retail, she recommends companies with solid businesses, that aren’t a big fashion risk and have great balance sheets.

Symbol
Price
 
Change
%Change
COST
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M
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Trader disclosure: On Nov. 2, 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 (DIS), (INTC), (ATVI), (YHOO); Finerman's Firm And Finerman Own (C), (GS), (HD)

Finerman's Firm Owns (KSS), (NMX), (TSO), (WMT), (YHOO), (TWX), (NYX), (PLCE), (BBW);Finerman's Firm Is Short (SPY), (IWM), (MDY); Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Is Short (MER) And Owns (MER) Puts; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns (NMX) And (NMX) Options; Finerman's Firm Owns (SHOO) Calls; Finerman's Firm And Finerman Owns (FLS); Finerman's Firm And Finerman Own (KALU); Seygem Asset Management Owns (AAPL), (CTCM), (INTC), (MSFT), (TIE), (USU), (YHOO), (GLD), (ITU), (ABV), (TEO), (MER), (MBT); Seymour Owns (IMMR) Calls