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Pete Najarian: Yahoo! Potential Realized in 2011

All week the Fast gang has been arming you with their top trades for 2011.

Next up - Pete Najarian.

Normally, the Pit Boss plays offense on momentum trades but going into next year - he's rooting for the underdogs. Take a look at some of his key themes.

CHEMICALS STILL UNDERVALUED

Najarian has been watching the sector explode in 2010 and he thinks the momentum continues into 2011. “P/E levels are attractive and there’s a strong dividend yield,” he says.

BULK SHIPPERS

Najarian is looking for stocks in this space to play catch-up. “Companies like DryShips have lagged. In 2011 I think they gain.”

YAHOO

Najarian thinks Yahoo! is a buy due to unrealized potential. “In 2011 I think Carl Bartz unlocks value in Yahoo! Japan and Alibaba,” he says.




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Trader disclosure: On December 15, 2010, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL), (BAC), (F), (GE); Pete Najarian owns (DD) calls; Pete Najarian owns (DRYS); Pete Najarian owns (YHOO); Pete Najarian owns (BBY) calls; Pete Najarian owns (C); Pete Najarian owns (F) bonds; Pete Najarian owns (GE); Pete Najarian owns (LOW) calls; Pete Najarian owns (MSFT) call spreads; Pete Najarian owns (MS); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Finerman's firm is long S&P puts; Finerman's firm is long Russell 2000 puts; Finerman Owns (AAPL); Finerman Owns (BAC); Finerman Owns (GOOG); Finerman's firm owns (JPM) and (JPM) leaps; Finerman owns (JPM); Finerman owns (MSFT); Finerman's firm owns (MSFT); Jon Najarian owns (CSCO), is short (CSCO) calls; Jon Najarian is short (V) puts

For Anthony Scaramucci
Scaramucci and Skybridge owns (ENZN)

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (AAPL)
Cantor Fitzgerald & Co. Is A Market Maker In (AMZN)
Cantor Fitzgerald & Co. Is A Market Maker In (APOL)
Cantor Fitzgerald & Co. Is A Market Maker In (ACI)
Cantor Fitzgerald & Co. Is A Market Maker In (BBT)
Cantor Fitzgerald & Co. Is A Market Maker In (BAC)
Cantor Fitzgerald & Co. Is A Market Maker In (BSFT)
Cantor Fitzgerald & Co. Is A Market Maker In (C)
Cantor Fitzgerald & Co. Is A Market Maker In (CML)
Cantor Fitzgerald & Co. Is A Market Maker In (CSCO)
Cantor Fitzgerald & Co. Is A Market Maker In (DAL)
Cantor Fitzgerald & Co. Is A Market Maker In (DELL)
Cantor Fitzgerald & Co. Is A Market Maker In (DYN)
Cantor Fitzgerald & Co. Is A Market Maker In (EBAY)
Cantor Fitzgerald & Co. Is A Market Maker In (ENZN)
Cantor Fitzgerald & Co. Is A Market Maker In (F)
Cantor Fitzgerald & Co. Is A Market Maker In (FCX)
Cantor Fitzgerald & Co. Is A Market Maker In (GE)
Cantor Fitzgerald & Co. Is A Market Maker In (GS)
Cantor Fitzgerald & Co. Is A Market Maker In (GLW)
Cantor Fitzgerald & Co. Is A Market Maker In (GOOG)
Cantor Fitzgerald & Co. Is A Market Maker In (HSFT)
Cantor Fitzgerald & Co. Is A Market Maker In (HBAN)
Cantor Fitzgerald & Co. Is A Market Maker In (IWM)
Cantor Fitzgerald & Co. Is A Market Maker In (JOYG)
Cantor Fitzgerald & Co. Is A Market Maker In (JPM)
Cantor Fitzgerald & Co. Is A Market Maker In (LGF)
Cantor Fitzgerald & Co. Is A Market Maker In (MCP)
Cantor Fitzgerald & Co. Is A Market Maker In (MSFT)
Cantor Fitzgerald & Co. Is A Market Maker In (MS)
Cantor Fitzgerald & Co. Is A Market Maker In (NFLX)
Cantor Fitzgerald & Co. Is A Market Maker In (OPEN)
Cantor Fitzgerald & Co. Is A Market Maker In (ORCL)
Cantor Fitzgerald & Co. Is A Market Maker In (RIMM)
Cantor Fitzgerald & Co. Is A Market Maker In (SPY)
Cantor Fitzgerald & Co. Is A Market Maker In (SLV)
Cantor Fitzgerald & Co. Is A Market Maker In (T)
Cantor Fitzgerald & Co. Is A Market Maker In (PAY)
Cantor Fitzgerald & Co. Is A Market Maker In (WFC)
Cantor Fitzgerald & Co. Is A Market Maker In (XLF)
Cantor Fitzgerald & Co. Is A Market Maker In (YHOO)

For Brian Kelly
Accounts Manged By Kanundrum Capital Own (ANDE)
Accounts Manged By Kanundrum Capital Own (DE)
Accounts Manged By Kanundrum Capital Own (GLD)
Accounts Manged By Kanundrum Capital Own (HPQ)
Accounts Manged By Kanundrum Capital Own (JJC)
Accounts Manged By Kanundrum Capital Own (JJG)
Accounts Manged By Kanundrum Capital Own (MON)
Accounts Manged By Kanundrum Capital Own (RDC)
Accounts Manged By Kanundrum Capital Own (TBT)
Accounts Manged By Kanundrum Capital Own (WMT)
Accounts Manged By Kanundrum Capital Own USD
Accounts Manged By Kanundrum Capital Own (FXY) puts

For Dan Niles
Niles And Alpha One Capital Partners Own (PAY)
Niles And Alpha One Capital Partners Own (ORCL)
Niles And Alpha One Capital Partners Own (EBAY)
Niles And Alpha One Capital Partners Own (AAPL)
Niles And Alpha One Capital Partners Own (NXPI)

For Peter Schiff
Peter Schiff and Euro Pacific Capital are Long Gold
Peter Schiff and Euro Pacific Capital are short Treasuries
Peter Schiff is long the Swiss Franc

For Colin Gillis
Gillis has no disclosures on (RIMM)

Fast Fire SOT
Accounts Managed by Kanundrum Capital have no disclosures on (BBY)

Dennis Gartman SOT
Funds Managed By Dennis Gartman were short the Euro on 11/29

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