Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour is a seller of Baidu into earnings on Tuesday.
Guy Adami recommends longDiamond Foods .
Gary Kaminsky prefers a short position in Lululemon .
Pete Najarian thinks Lowe’s is a buy.
Pete’s Blockbuster Biotechs
In his relentless hunt for trades, Pete Najarian is keeping an ear turned toward the market moving biotechnology industry conference underway this week.
What are the blockbuster trades in this always volatile sector?
I’m keeping an eye on Medivation, says Najarian. Phase 3 results of a new drug are expected in March and they will likely move shares. (Phase 2 results were very strong.)
However, it will either be a hit or a miss. It’s a binary event, he says.
Also, it’s worth noting Pfizer is a partner on the drug, he adds. That might be another way to get exposure with a little less risk.