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?
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GS
Goldman Sachs Grp - $167.24
- +1.79%
- $167.50
Joe Terranova – I like Goldman Sachs (GS) because they’re the best energy traders I know. I agree, Goldman is my play, said Najarian.
-
TRN
Trinity Ind - $18.51
- +2.10%
- $18.49
Guy Adami – Trinity (TRN) and Hexcel (HXL) are smart wind plays.
-
HXL
Hexcel Cp Delawar - $10.97
- +5.48%
- $10.61
Guy Adami – Trinity (TRN) and Hexcel (HXL) are smart wind plays.
-
HAL
Halliburton Co - $27.81
- -0.89%
- $28.54
Or go with Halliburton (HAL) for oil exploration. - Adami
-
ATVI
Activision Blizza - $11.03
- -2.39%
- $11.35
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
-
DISH
Dish Network Corp - $21.20
- +2.56%
- $20.95
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
-
YUM
Yum Brands Inc - $34.03
- -3.13%
- $34.91
Macke said that oil prices will keep people at home, so he recommended some couch-potato trades, including Activision (ATVI) and Yum! Brands (YUM).
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