Fast Money's Earnings Trades For This Week
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Date updated:07-29-2009

CNBC's "Fast Money" traders have highlighted a number of interesting earnings trades for this week.

symbol name last price % change open
  • +
  • AMZN
    Amazon.com
  • $129.66
  • +0.52%
  • $127.51

I’d be a small buyer on this dip, counters Citi analyst Mark Mahaney, and if the stock drops below $80 I’d be a big buyer. There’s been no slowdown in Amazon's business over the last 3 quarters. For them it’s as if there’s no recession.

People owning AMZN also tend to own: AAPLAMTATHRBEASCTSHEMCGOOG

TheStreet.com Rating: B What is this?

  • +
  • AKAM
    Akamai Technologi
  • $23.94
  • -1.28%
  • $24.07

This stock is a strong hold, says Citi analyst Mark Mahaney. However if the business stabilizes and the stock drops below $18, I’d become a buyer.

People owning AKAM also tend to own: ALLIARGNBLTICGPICTSHCUTRDLSL.OB

TheStreet.com Rating: C+ What is this?

  • +
  • IACI
    Iac/interactiveco
  • $19.41
  • -1.02%
  • $19.51

Stifel Nicolaus upgraded shares of IAC/InterActiveCorp (IACI) to Buy from Hold on Monday with a $22.50 price target. Analysts speculate that IACI could soon announce a share buyback program, pointing out that the media company has about $2 billion in net cash.

People owning IACI also tend to own: EXPEMCDVRTXXECCELGGTRAD

TheStreet.com Rating: D What is this?

  • +
  • EXPE
    Expedia
  • $24.95
  • +1.46%
  • $24.45

According to the website Market Intelligence Center, technical indicators for Expedia (EXPE) appear bullish. They add that the stock has been showing support around 17.60 and resistance in the 18.96 range.

People owning EXPE also tend to own: IACIMCDVRTXXECDISCALBTYALCAPA

TheStreet.com Rating: D What is this?

  • +
  • BWA
    Borg Warner Inc
  • $30.91
  • -0.03%
  • $30.75

Borg Warner (BWA) is my favorite play in the space, says Wall Street Strategies analyst David Silver. However it’s worth noting the stock hits resistance around $36 and I expect to see a pullback. Guy Adami said to get out of Borg-Warner. Karen Finerman said she is short BWA ahead of their earnings report.

People owning BWA also tend to own: FRMGAAAPLAVEMXBBYCOSTDO

TheStreet.com Rating: C- What is this?

  • +
  • MCK
    Mckesson Corp
  • $63.12
  • +0.11%
  • $62.72

I like McKesson (MCK) going into earnings, explains Pete Najarian. The company reports after the bell and they’ve only missed once in 16 quarters.

People owning MCK also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: B What is this?

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