Fast Money's Stock Trades For Lower Oil Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Stock Trades For Lower Oil

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Created by barrons2

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Date updated:07-09-2008

But now that oil seems to be moving lower we can’t help but wonder if it's safe to buy the crude casualties. After all, the traders always say the time to buy is when it hurts the most. So we ask, is it time to embrace the pain?

AMR
A M R Cp
$5.80
+4.32%
$5.58

I’d like to see a longer sell-off in crude, replies Jon Najarian and that makes Wednesday a crucial day. If oil continues to sell-off American Airlines (AMR)could make a sharp turnaround.

People owning AMR also tend to own: DELL MMP CBT CNQ DCP GE NRG

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ALJ
Alon Usa Energy
$7.36
+0.27%
$7.40

I also like Alon (ALJ) and the Nymex (NMX) if oil breaks $124. I agree with my brother about American Airlines, adds Pete, but as a trade.

People owning ALJ also tend to own: AAPL CSCO NVDA NXG OATS SBUX VLO

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NMX
Nmx
$0.00
N/A
$N/A

I also like Alon (ALJ) and the Nymex (NMX) if oil breaks $124. I agree with my brother about American Airlines, adds Pete, but as a trade.

People owning NMX also tend to own: ADCT AKAM ALKS ARAY ARRS AVID AVNX

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TGT
Target Cp
$47.83
+0.78%
$47.52

I prefer Target (TGT)over the airlines, counters Karen Finerman. The move lower in oil is fairly modest, she explains, so it isn’t going to do that much for an airline but if gas prices drop a little people might shop more.

People owning TGT also tend to own: HOV SU AAPL HMC AMAT BDG GE

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WMT
Wal Mart Stores
$54.96
+0.20%
$54.86

Wal-Mart (WMT) is my play, says Jeff Macke. But I remain bullish oil.

People owning WMT also tend to own: AIG ALL BAC C CAT CBS COP

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