Tuesday, June 5, 2007

Fast Money Recap June 5

  • Movie studios are willing to release movies on DVD and VoD. Cable providers like CMCSA and DISH stand to gain. Also Disney, Viacom and NBC will benefit.
  • GOOG reached all time high today. Its a buy. There are rumors of split. BIDU is also growing at astronomical place.
  • Ahead of Thursday some retail plays are JOSB, GYMB, PLCE, CWTR.
  • The economy might have bottomed in the first quarter but the earnings forecast hasn't changed. So there are probably going to be a number of surprises.
  • Stock to benefit from growth in Japan include NTDOY, TM.
  • Global construction boom well under way and JEC a way to play that.
  • Final trades: ATVI, FWLT, DFJ, VMC.

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