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Five Predictions For '08

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Our traders offer 5 major market predictions for the new year. How should you trade?

Following is a summary of their main points.

Guy Adami

Prediction:Pfizer makes a major buy in biotech and trades higher. “They don’t have a pipeline but they have a balance sheet and I think they will make a major acquisition.”

Brian Schaeffer (Van Der Moolen Capital Markets Managing Director)

Prediction: Health care stocks rise on valuation. “I think Big Cap Pharma will lead the way next year. With this sort of yield and reasonable valuations, I’m a buyer.”

Carter Worth (Oppenheimer Chief Market Technician )

Prediction: China, India economies keep chugging, but stocks finish lower. “These are bubbles and I think they will top out.. and I predict stocks end lower in the Shanghai Exchange and Bombay.”

Jon Najarian

Prediction: Wall Street stocks climb out of credit-crunch. “I doubt the financials will have as much turmoil as they had in ’07… I think we’re going to see a strong performance in a volatile market.”

Dylan Ratigan

Prediction: Three words: China, solar and fun!


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Trader disclosure: On Dec. 31, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Jon Najarian Owns (AGU), (AAPL), (BAC), (BSC), (C), (CSCO), (DPTR), (ELON), (GS), (LEH), (MA), (MER), (MON), (MOS), (RIMM), (SOLF), (TSO), (VLO), (WM), (UBS), (XLY), (SBUX); Jon Najarian Is Long Hang Seng Index; Armstrong Owns (UUP) ; For Carter Worth – Oppenheimer & Co. Has Received Compensation For Investment Banking Services Provided To Wachovia On May 1, 2007; Oppenheimer & Co. Is A Market Maker In (ISRG, (YHOO) and (RIMM)