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Ahead of Earnings, Is Cisco Finally Out of the Doghouse?

With the week drawing to a close, the Fast team was looking forward. Big names like Cisco , Disney and Green Mountain are all set to report earnings next week, but which ones are on the Fast team’s radar?

NEXT WEEK’S BIG EARNINGS
MON: PRICELINE
TUES: ACTIVISION BLIZZARD
WED: CISCO, GREEN MOUNTAIN
THU: DISNEY, NVIDIA
FRI: PETROBRAS

Probably the biggest name everyone's watching is Cisco, which reports after the close Wednesday.

Trader Steve Grasso said he was a “long-time sufferer” of Cisco and watched it move sideways for years. But now, he sees his clients finding the name more attractive.

He thinks more people are flowing into these “old tech” names because they are looking for stability in their portfolio.

Trader Pete Najarian had his eye on Priceline.com , which reports after the bell Monday. And he's steering clear of it right now. Priceline is a “difficult space” because it is hard to determine whether or not the company will be able to continue to perform, he said.

“I don’t know that you have enough vision to be able to see exactly what they are able to produce this quarter,” he added.

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His brother Jon Najarian likes Priceline and its name-your-own price model. Plus, the company has a lot of exposure overseas. But that doesn't mean he's jumping to buy it. In fact, he agrees with Pete that it's difficult and thinks there's only one way to trade it.

“This is a tough one given that it is a $500 stock.” He said. “It’s a very difficult one to trade, except for options.”


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Trader disclosure: On Nov 4, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; J. Najarian is long ANR; J. Najarian is long AKS; J. Najarian is long MS; J. Najarian is long GMCR; J. Najarian is long FSLR; J. Najarian is long DB; J. Najarian is long CME; J. Najarian is long CBOE; J. Najarian is long CIGX; J. Najarian is short SKUL; Grasso owns AA ; Grasso owns AKS; Grasso owns ASTM; Grasso owns BA; Grasso owns BAC; Grasso owns D; Grasso owns KEG; Grasso owns LIT; Grasso owns MHY; Grasso owns PFE; Grasso owns S; Grasso owns XLU

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