Fast Money's Hedge Fund Forced Selling Stock Picks
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Date updated:09-17-2008
Joe Terranova and Tim Seymour joined the traders to discuss the impacts of forced selling pressure in emerging markets and commodities from hedge funds.
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NOV
Natl Oilwell Varc - $44.88
- +2.00%
- $44.10
Terranova said he likes National-Oilwell Varco(NOV), ConocoPhillips(COP) and EOG Resources(EOG) here.
-
COP
Conocophillips - $52.90
- +0.42%
- $52.70
Terranova said he likes National-Oilwell Varco(NOV), ConocoPhillips(COP) and EOG Resources(EOG) here.
-
EOG
Eog Resources Inc - $89.71
- +1.31%
- $88.71
Terranova said he likes National-Oilwell Varco(NOV), ConocoPhillips(COP) and EOG Resources(EOG) here.
-
FIG
Fortress Inv Gp L - $4.09
- 0.00%
- $N/A
Seymour told viewers to consider the private equity firms like Fortress(FIG) and Blackstone(BX). He believes private equity players will spend money to buy distressed assets in emerging markets.
-
BX
Blackstone Grp Lp - $13.87
- 0.00%
- $N/A
Seymour told viewers to consider the private equity firms like Fortress(FIG) and Blackstone(BX). He believes private equity players will spend money to buy distressed assets in emerging markets.
-
BHI
Baker Hughes Intl - $41.59
- +1.44%
- $40.81
Adami said there are real stories in Baker Hughes(BHI) and Schlumberger(SLB) and it feels like the hedge funds have blown-out of these names.
-
SLB
Schlumberger Ltd - $65.03
- -0.81%
- $65.17
Adami said there are real stories in Baker Hughes(BHI) and Schlumberger(SLB) and it feels like the hedge funds have blown-out of these names.
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