How should you play Lowe's and Home Depot with both retailers reporting earnings early next week?
Bernstein analyst Colin McGranahan is bullish on both stocks. To find out why please watch the video.
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Trader disclosure: On Aug 15, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Quint Tatro Is The Principal Of Tatro Capital: Tatro Owns (C), (GS), (JPM): Tatro Capital Owns (EEV), (INTC), (QQQQ), (SMN), (SPY), (SSO), (UYG): Najarian Owns (HD): Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Calls; Najarian Owns (VMW) Calls;Najarian Owns (HCBK) Puts; Najarian Owns (TSO) and Is Short (TSO) Calls: Seymour Owns (AAPL), (EEM), (MER), (TSO) : Seygem Asset Management Owns (EEV): Seygem Asset Management Is Short (RTH); Terranova Owns (YHOO), (AAPL), (RIMM), (INTC), (GS), (GOOG), (CME), (IYT),(BNI), (SU), (SA), (VLO), (KOL), (POT), (X), (FCX), (NOV), (EOG), (XLF): Terranova Is Short Crude Oil Time Spread (Short Dec. 2008, Long Dec. 2012): Terranova Owns Dec. 2012 Crude Oil
Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd.: Phoenix Investment Partners Owns More Than 1% Of (ABD), (ARE), (BRE), (CNTY), (CLB), (OFC), (DLR), (ESS), (EXR), (FL), (IAT), (IGE), (LNET), (MAC), (OIIM), (PSPT), (DBC), (DBV), (SLB), (SKT), (BLV)
Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO: Phoenix Diversifier PHOLIO Owns (IGE), (DBC), (DBV)
Accounts Over Which Bernstein And/Or Affiliates Exercise Investment Discretion Own More Than 1% Of (LOW); Bernstein Is A Market Maker In (HD): (LOW) Is Or Was In Past 12 Months A Client Of Bernstein, Which Provided Non-Investment Banking-Securities Related Services And Received Compensation For Such Service