Fast Money's Commodities Plays
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Date updated:12-03-2008

Jon Najarian told the trading panel there is a great trading opportunity in commodities, which have been "sold off so severely that their asset value is grossly understated."

symbol name last price % change open
  • +
  • SLW
    Silver Wheaton Co
  • $16.00
  • -4.82%
  • $15.50

“Take a look at Silver Wheaton [SLW],” counsels Najarian. I’m seeing strong institutional buying and expect the stock could double between now and February. Najarian told investors to give these stocks three to four months to make their move up.

People owning SLW also tend to own: CTSHDILGDIHBIOKIMSPARBRK-B

TheStreet.com Rating: C What is this?

  • +
  • NXY
    Nexen Inc
  • $23.76
  • -4.39%
  • $23.17

“Also look at Nexen [NXY] and BP [BP] for options action," Najarian said. Najarian told investors to give these stocks three to four months to make their move up.

People owning NXY also tend to own: AEBHPBRK-BDVNGGGSMT

TheStreet.com Rating: C What is this?

  • +
  • BP
    Bp Plc
  • $58.11
  • -1.87%
  • $56.71

“Also look at Nexen [NXY] and BP [BP] for options action," Najarian said. Najarian told investors to give these stocks three to four months to make their move up.

People owning BP also tend to own: BACCBSHCLEDFITBFREGE

TheStreet.com Rating: C+ What is this?

  • +
  • NEM
    Newmont Min Cp (h
  • $53.35
  • -2.82%
  • $52.35

Adami said he would rather play Newmont Mining (NEM) over Silver Wheaton (SLW).

People owning NEM also tend to own: PGRIGFTOPDNSTKPAASABX

TheStreet.com Rating: B- What is this?

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