Fast Money's Corn Trade
480 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:06-18-2008

Corn prices pushed higher Monday, closing in on $8 a bushel, as devastating Midwest floods raised fears of a sharply smaller U.S. corn crop and another spike in world food prices. What is the trade?

symbol name last price % change open
  • +
  • PPC
    29.68
  • $0.31
  • 0.00
  • $0.31

Terranova said price action in corn has mirrored that of oil, rising this morning and then closing lower. He recommend that investors buy Pilgrim's Pride (PPC). Adami agreed, saying that Pilgrim's Pride is a good play on a top in corn prices.

People owning PPC also tend to own: AAPBAMBRK-ACMTDPZDSLDST

TheStreet.com Rating: No Rating What is this?

  • +
  • FDP
    Fresh Del Monte P
  • $22.68
  • +0.71%
  • $22.56

Chaquita banana warned Monday, adds Jeff Macke. I think you can trade off that and get long Fresh Delmonte (FDP) with a stop at $25.

People owning FDP also tend to own: BFKCHKCMCSACOPDBNDFJEWT

TheStreet.com Rating: B- What is this?

  • +
  • DD
    Du Pont E I De Ne
  • $34.51
  • -0.26%
  • $34.42

Najarian said he likes DuPont (DD) on a valuation basis.

People owning DD also tend to own: BMYBNSCLXCVXDEIBMJPM

TheStreet.com Rating: C+ What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...

11.23.09 | 10:34 AM
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
more articles
Quick buck – not for this winn...
11.23.09 | 15:04 PM From author JustForBucks
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
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
more forums
recent answers | popular answers
bubble(1)
Q. RIMM has its estimates lowered b...
11.23.09 | 13:43 PM Asked by Stockpickr Staff #2

A. I think this is a case of the downgrade
coming too late. I see the reaction as
contrarian. I own a little RIMM.

show all recent stockpickr answers
today 's lists
Biggest % Gainers

Here are some of the largest % gainers from Nov. 23, 2009. more

Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 23, 2009. more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 23, 2009. more

show all today's lists