Fast Money's Under The Radar Oil Trades
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Date updated:05-21-2008

Crude oil prices once again set both intraday and Nymex closing record highs Tuesday, driving toward $130 a barrel mid-day and finishing above $129 amid deepening worries over tight global stockpiles. But enough oil talk already. What’s the best energy trade without trading energy?

symbol name last price % change open
  • +
  • GS
    Goldman Sachs Gro
  • $143.13
  • 0.00%
  • $143.25

Joe Terranova – I like Goldman Sachs (GS) because they’re the best energy traders I know. I agree, Goldman is my play, said Najarian.

People owning GS also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

  • +
  • TRN
    Trinity Industrie
  • $15.14
  • 0.00%
  • $14.94

Guy Adami – Trinity (TRN) and Hexcel (HXL) are smart wind plays.

People owning TRN also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: C What is this?

  • +
  • HXL
    Hexcel Corp. (new
  • $11.94
  • 0.00%
  • $12.04

Guy Adami – Trinity (TRN) and Hexcel (HXL) are smart wind plays.

People owning HXL also tend to own: HANSRSHAAPLCCAKECSCODNDN

TheStreet.com Rating: C What is this?

  • +
  • HAL
    Halliburton Compa
  • $23.65
  • 0.00%
  • $23.71

Or go with Halliburton (HAL) for oil exploration. - Adami

People owning HAL also tend to own: ATIMFLXTEXTIEAIGBAC

TheStreet.com Rating: C What is this?

  • +
  • ATVI
    Activision Blizza
  • $12.31
  • +1.48%
  • $12.15

With oil prices so high I don’t think anyone is leaving the house. That should work for Activision (ATVI) or Dish Network (DISH). - Jeff Macke

People owning ATVI also tend to own: CCJCELGCRZODSXDVNEMCGDX

TheStreet.com Rating: B+ What is this?

  • +
  • DISH
    Dish Network Corp
  • $17.24
  • +1.83%
  • $16.86

With oil prices so high I don’t think anyone is leaving the house. That should work for Activision (ATVI) or Dish Network (DISH). - Jeff Macke

People owning DISH also tend to own: AOBCBEEBAYECAECOLGLDHW

TheStreet.com Rating: C What is this?

  • +
  • YUM
    Yum! Brands
  • $36.44
  • +1.53%
  • $36.04

Macke said that oil prices will keep people at home, so he recommended some couch-potato trades, including Activision (ATVI) and Yum! Brands (YUM).

People owning YUM also tend to own: AESCKHCTRPDRHEBAYENSLFBG.OB

TheStreet.com Rating: B- What is this?

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