Fast Money's Breakout Plays
439 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

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
  • $31.69
  • 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
  • $176.57
  • +2.79%
  • $173.68

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
  • $28.40
  • +4.72%
  • $27.50

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
  • $24.16
  • +1.13%
  • $24.15

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)
  • $48.01
  • +5.75%
  • $46.24

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: AMTAYECCICHTEGNEQTETR

TheStreet.com Rating: B- What is this?

  • +
  • OIH
    Oil Service Holdr
  • $124.68
  • +3.13%
  • $123.65

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
  • $126.00
  • +2.03%
  • $123.92

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: A What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 9, 2009 Last week brought investors a welcome return to gains as the S&P 500 pushed up 3.2% over the course of the last five trading d...

11.09.09 | 08:04 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 6, 2009 According to Jim Cramer, the bears are tellinginvestors six lies. On Wednesday’s “Mad Money” TV show, Cramer said if you ...

11.06.09 | 15:52 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 5, 2009 The traders on CNBC’s “Fast Money” told their viewers what they must know after Warren Buffett announced on Tuesday his l...

11.05.09 | 12:05 PM
more articles
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
more forums
today 's lists
52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 2, 2009. more

TheStreet.com TV Videos

These are some of the stocks mentioned on TheStreet.com TV on Sept. 2. Click the URL below each stock to watch the videos. more

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more