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Najarian: When To Buy Fannie Mae

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In Thursday’s Web Extra, Pete Najarian reveals why you should buy Fannie Mae and why you should not buy him a Beatles CD for Christmas.

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Trader disclosure: On Dec. 13, 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), (INTC), (EMC), (YHOO), (ATVI); Najarian Owns (BIIB), Najarian Owns (BSC) Options, (GOOG) Options, (TGT) Options, (XMSR) Options, (YHOO) Options; Finerman's Firm Owns (GS), (WMT); Finerman's Firm Is Short (IWM), (IYR), (SPY), (IJR), (MBI); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Is Short (MDY) And Owns (MDY) Puts; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts