Fast Money's Long-Term Trades
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Date updated:12-31-2008

Looking past what appears to another troubled year in 2009, Melissa Lee asked the panel for their forecasts for 2010.

symbol name last price % change open
  • +
  • XOM
    Exxon Mobil Cp
  • $75.07
  • +0.27%
  • $74.49

“I think in 3 to 5 years energy and natural resource stocks will be trading higher," says Joe Terranova. "And eventually Africa will resurrect itself and that alone will create demand for energy and natural resources.” Exxon Mobil [XOM], Schlumberger [SLB], and Freeport McMoRan [FCX] are three stocks Terranova likes. “There still is a fundamental story underneath all these names of how you grow future supplies. But again these stocks are a longer term story.” Terranova suggests getting long over the next 12 to 18 months.

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: C+ What is this?

  • +
  • SLB
    Schlumberger Ltd
  • $63.89
  • +1.53%
  • $62.50

“I think in 3 to 5 years energy and natural resource stocks will be trading higher," says Joe Terranova. "And eventually Africa will resurrect itself and that alone will create demand for energy and natural resources.” Exxon Mobil [XOM], Schlumberger [SLB], and Freeport McMoRan [FCX] are three stocks Terranova likes. “There still is a fundamental story underneath all these names of how you grow future supplies. But again these stocks are a longer term story.” Terranova suggests getting long over the next 12 to 18 months.

People owning SLB also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: B- What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $82.80
  • -1.59%
  • $83.68

“I think in 3 to 5 years energy and natural resource stocks will be trading higher," says Joe Terranova. "And eventually Africa will resurrect itself and that alone will create demand for energy and natural resources.” Exxon Mobil [XOM], Schlumberger [SLB], and Freeport McMoRan [FCX] are three stocks Terranova likes. “There still is a fundamental story underneath all these names of how you grow future supplies. But again these stocks are a longer term story.” Terranova suggests getting long over the next 12 to 18 months.

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

  • +
  • CHK
    Chesapeake Energy
  • $23.92
  • 0.00%
  • $N/A

Guy Adami says, “nat gas stocks such as Chesapeake Energy [CHK] look attractive to me over 3 to 5 years.”

People owning CHK also tend to own: ACIAINVANRAPCBBDBTUCMCSK

TheStreet.com Rating: C- What is this?

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