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Your Questions About... Retail Stocks & Palm

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Time to sort through our in-box and answer more of your questions.

John from New York

John writes, “The retailers seem to have hit a bottom, would any of the traders be buyers of the Retail ETF or individual names here?

"If you go to a store they’re empty," replies Jeff Macke. "Wal-Mart is the only retailer I’d consider."

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Rich from Florida

Rich writes, “Palm was upgraded to a 'Buy' at Deutsche Bank. Would any of the trader be buyers of the stock here?

Pete Najarian, replies “there’s a lot of excitement out there in this name. I own it.”

Guy Adami counters, "there’s an analyst out there with a $0 price target on the stock. Thought you should know that."



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Trader disclosure: On Feb. 24th, 2009, 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 (MSFT), (PALM); Najarian Owns (GE) Put Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GDX) & (GDX) Short Calls; Najarian Owns (HPQ) Calls; Najarian Owns (JPM) & (JPM) Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Najarian Owns (X) Put Spread; Seymour Owns (AAPL), (EEM), (MON), (BAC), (FXI), (VIP), (MS), (SSL) Seymour's Firm Owns (FCX), (COP); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Macke Owns (MS), (TM), (DIS); Terranova Owns (DIS), (FXC), (XBI), (KCE); Terranova Owns (AMGN) & (AMGN) Puts; Terranova Owns (IBM) Call Spread; Terraova Owns Nymex MACI Oil Futures