Fast Money's Bank Stock Trade Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Bank Stock Trade

197 views

TheStreet.com Rating: C

Rate Now:

average rating: 0.00 / 0 ratings

printer friendly

send to a friend

Created by barrons3

DESCRIPTION:

Date updated:09-23-2009

The traders of CNBC's "Fast Money" highlighted the top bank stock plays after the sector started to show signs of leadership on Tuesday.

MS
Morgan Stanley
$32.10
-0.65%
$32.42

Melissa Lee said the money on the sidelines seems to be attracted to the higher quality financial stocks such as Goldman Sachs (GS), Morgan Stanley (MS) and JPMorgan Chase (JPM).

People owning MS also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: No Rating What is this?

GS
Goldman Sachs Grp
$170.01
-1.63%
$171.40

Najarian said Goldman Sachs (GS) looks like the better bet than Bank of America (BAC) after it received an upgraded price target price of $225 from $180. "They're looking at close to 20 bucks per share for 2010," he said.

People owning GS also tend to own: AOB COGO CRYP GEL GLW GRMN MDRX

TheStreet.com Rating: C What is this?

JPM
Jp Morgan Chase C
$42.46
-0.21%
$42.47

Melissa Lee said the money on the sidelines seems to be attracted to the higher quality financial stocks such as Goldman Sachs (GS), Morgan Stanley (MS) and JPMorgan Chase (JPM).

People owning JPM also tend to own: AA AIG IBM INTC JNJ KO MSFT

TheStreet.com Rating: B- What is this?

GHL
Greenhill & Co
$82.42
+0.02%
$82.30

In the space I’d keep an eye on Greenhill (GHL) and Raymond James (RJF), counsels Guy Adami. As far as I’m concerned, both names continue to work.

People owning GHL also tend to own: ADBE CHKE CLMS CME EPAX LLTC MCO

TheStreet.com Rating: C+ What is this?

RJF
Raymond James Fin
$25.40
0.00%
$N/A

In the space I’d keep an eye on Greenhill (GHL) and Raymond James (RJF), counsels Guy Adami. As far as I’m concerned, both names continue to work.

People owning RJF also tend to own: BA CHIC COBR ICTG IDCC OMM OTEX

TheStreet.com Rating: B- What is this?

WFC
Wells Fargo & Co
$27.87
-1.59%
$28.21

I’m watching Wells Fargo (WFC), reveals Joe Terranova. I think it breaks above $30.

People owning WFC also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: C What is this?

CME
Cme Group Inc.
$322.99
+0.32%
$320.23

And the CME Group (CME) over $300 is bullish. - Joe Terranova

People owning CME also tend to own: ALLB BOFL CZFC FKFS GFSI ITG NDAQ

TheStreet.com Rating: C+ What is this?

BAC
Bk Of America Cp
$16.09
+0.06%
$16.03

Tim Seymour said Bank of America (BAC), may have the most potential for the upside if it is able to achieve "normalized earnings."

People owning BAC also tend to own: AA ADP AVP BRK-B BUD CSCO CX

TheStreet.com Rating: C- What is this?

Comments not available

Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM

Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 20, 2009 According to Jim Cramer, options expiration is driving the current market selloff. He pointed out that the only stocks that we...

11.20.09 | 08:09 AM

'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 19, 2009 According to CNBC’s “Fast Money” traders, the stock market is showing no signs of stopping its current bull run. Joe Ter...

11.19.09 | 11:13 AM

Squeezing the Shorts: Earnings G...

By Jonas Elmerraji Posted on Nov. 18, 2009 There are plenty of reasons for stocks to have the attention of short-sellers. Waning financials, a deteriorating business mo...

11.18.09 | 12:36 PM

Nymph's Trading Daily Trading Diary

04.13.09 | 01:10 AM From author Trading Nymph

General market Technical Analysi...

11.14.07 | 22:55 PM From author ZA

Simple headline speak "1,00...

11.23.09 | 00:02 AM From author graspthemarket

The Presidential/Political Thread

01.02.08 | 08:05 AM From author Dave Cox

more forums