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10 For The Next 10: Najarian's Energy Play

Looking for a long-term pick? Find out which stock Pete Najarian thinks could deliver over the long haul.

The Pit Boss is long-term bullish on BP .

As you likely know BP is an integrated oil giant headquartered in the United Kingdom. And a stock that the Fast Money desk talks about often.

"This is a stock I bring up a lot on the show for its dividend yield," says Pete Najarian.

On top of its crude oil businesses, the company is also heavily involved in the development of alternative energy – especially fuels with a low-carbon footprint.

Najarian not only likes BP's commitment to green energy, he's impressed by their global presence.

"23% of revenue comes from the US and the rest globally so it gives you an idea of their footprint. And they’re putting a billion dollars into alternative energies in Brazil," he says.

Considering Najarian isn't typically a long term investors, you might consider his recommendation something like the Good Housekeeping seal of approval.

"I’m a guy that’s always looking for stocks for the next 10 minutes but everything points to this as a stock for the next 10 years," Najarian says.

Read More:

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10 For The Next 10: Adami's Media Play


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Trader disclosure: On Jan 5th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Najarian Owns (BG) Call Spread; Najarian Owns (BP); Najarian Owns (CLF); Najarian Owns (MRVL); Najarian Owns (MS); Terranova Owns British Pound Futures; Terranova Is Short Crude Oil Futures; Terranova Owns (BAC); Terranova Is Short (CMA); Finerman's Firm Owns (CBY); Finerman's Firm Is Short (KFT)

Add'ls Disclosures for For Joe Terranova
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Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
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For Gene Munster
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For Craig Berger
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