Fast Money's Breakout Plays
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Date updated:04-30-2009

The "Fast Money" traders highlighted a number stocks that could be poised to head much higher as the S&P 500 sets up to break above 870.

symbol name last price % change open
  • +
  • XLB
    Materials Ss Spdr
  • $32.77
  • 0.00%
  • $N/A

Gartman says not to fight this market. "I would own aluminum, copper and the kinds of things that if you drop on your foot they hurt. Or take a look at the Materials SPDR (XLB)."

People owning XLB also tend to own: BHPEWMEWSFXAFXBFXCGLD

TheStreet.com Rating: No Rating What is this?

  • +
  • GS
    Goldman Sachs Grp
  • $172.00
  • +1.17%
  • $171.67

Macke is skeptical that the market has much more upside however he still sees opportunity. "I’d buy financials and I wouldn’t sell them until they break their current uptrend, counsels the Wolf. You’ve got the government on your side. Make yourself a basket and make sure it includes Goldman Sachs (GS) and Wells Fargo (WFC)."

People owning GS also tend to own: AOBCOGOCRYPGELGLWGRMNMDRX

TheStreet.com Rating: C What is this?

  • +
  • WFC
    Wells Fargo & Co
  • $28.07
  • +0.72%
  • $28.22

Macke is skeptical that the market has much more upside however he still sees opportunity. "I’d buy financials and I wouldn’t sell them until they break their current uptrend, counsels the Wolf. You’ve got the government on your side. Make yourself a basket and make sure it includes Goldman Sachs (GS) and Wells Fargo (WFC)."

People owning WFC also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

  • +
  • SGR
    Sgr
  • $0.00
  • N/A
  • $N/A

Najarian is mixed on the market but even if it pulls back he's longer term bullish because the S&P is making higher lows. "I’m a believer in the engineering stocks, says Pete Najarian. I’d look at Shaw Group (SGR), McDermott (MDR) and Fluor (FLR)."

People owning SGR also tend to own: ACHASTIBHPCBICRACTXSCZZ

TheStreet.com Rating: No Rating What is this?

  • +
  • MDR
    Mcdermott Int Pan
  • $21.89
  • +1.39%
  • $22.00

Najarian is mixed on the market but even if it pulls back he's longer term bullish because the S&P is making higher lows. "I’m a believer in the engineering stocks, says Pete Najarian. I’d look at Shaw Group (SGR), McDermott (MDR) and Fluor (FLR)."

People owning MDR also tend to own: GESITGSTHJF.PKBRCMFXIACHASTI

TheStreet.com Rating: C What is this?

  • +
  • FLR
    Fluor Cp (new)
  • $44.18
  • -0.32%
  • $45.11

Najarian is mixed on the market but even if it pulls back he's longer term bullish because the S&P is making higher lows. "I’m a believer in the engineering stocks, says Pete Najarian. I’d look at Shaw Group (SGR), McDermott (MDR) and Fluor (FLR)."

People owning FLR also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

  • +
  • OIH
    Oil Service Holdr
  • $118.64
  • +1.32%
  • $120.01

Seymour is cautious however he says, "I think the oil services (OIH) names still have a long way to go."

People owning OIH also tend to own: BTUSPYXLEXOMDVNMPETSUN

TheStreet.com Rating: No Rating What is this?

  • +
  • IBM
    Intl Business Mac
  • $128.20
  • +0.98%
  • $127.70

Guy Adami thinks this is still a stock pickers market. "IBM (IBM) is on fire and I think it stays on fire."

People owning IBM also tend to own: AAPLAMDCSCODELLGOOGINTCMSFT

TheStreet.com Rating: B+ What is this?

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