Will Refiners Get Finer?


What’s the trade as gasoline prices begin to creep higher?

"I think the refiners are too cheap right now," said Pete Najarian. He bought shares of Tesoro (TSO) on Friday for that reason.

Guy Adami recommended Holly Corp. (HOC) as a buy because he likes its valuations.

Earlier, on CNBC's "Closing Bell" Karen Finerman revealed that she’s bullish on 3 pure play US refiners. Which ones? Find out by clicking below.

> Read more: “Refining Your Positions"


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Trader disclosure: On Dec. 14, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian owns (CSCO), (BIIB),Najarian owns (BSC) options, (TSO) Options, (TT) Options, (GOOG) Options, (YHOO) Options; Finerman's Firm Owns (GS), (VLO), (TSO), (WMT), (YHOO), (TWX),(INTC); 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