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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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May.27
6:24 PM ET
Wednesday, 27 May 2009
Your First Move For Thursday May 28th

Here’s our Fast Money Final Trade. Our gang gives you Thursday’s best trades, right now.

Steve Grasso suggests long Amazon [AMZN  Loading...      ()   ] .

Guy Adami recommends long ProShares UltraShort 20+ Year Treas. ETF [TBT  Loading...      ()   ] .

Joe Terranova prefers a short position in Mastercard [MA  Loading...      ()   ].

Pete Najarian thinks Applied Materials [AMAT  Loading...      ()   ] is a buy.

See other "Fast Money" Final Trade posts.

But that’s not all. Following are the “Fast & Furious” trades. Yes, now we bring you even more Fast ways to trade tomorrow's market moving events.

BET WITH ACKMAN? Target [TGT  Loading...      ()   ] holds its annual shareholder meeting Thursday, Bill Ackman's proposal for alternative directors will finally come up for a vote.

Yes, the stock is up 62% but I still like it, counsels Guy Adami.

--------------

BUY THE FARM? Earlier on the Halftime Report, Dennis Gartman recommended Monsanto [MON  Loading...      ()   ] as a “buy.” He said, “I think you want to own today's weakness."

I agree with Dennis, says Pete najarian.

--------------

NEW HOME SALES: We'll get a reading on new home sales Thursday. Economists are expecting a slight increase in April sales following March's surprise uptick.

The problem we have to unload the houses we already have, chuckles Joe Terranova.

--------------

BULK IS BETTER? Costco [COST  Loading...      ()   ] reports earnings Thursday, a profit of 53 cents is expected, a decline of 20% year over year.

I think you can be long, counsels Steve Grasso.

--------------

BETTER WITH KETCHUP? Heinz [HNZ  Loading...      ()   ] reports earnings Thursday, a profit of 55 cents is expected, a decline of 10% year over year.

I like this stock for its dividend yield, reveals Pete Najarian.



______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .

Trader disclosure: On May 27th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (ABT), (TER), (XBI), (RIMM), (IBM); Terranova Is Short (XOM) Call Spread; Terranova Owns (DIS) Call Spread; Najarian Owns (ISIS); Najarian Owns (AMAT) Calls; Najarian Owns (BX) Call Spread, (INTC) Call Spread, (MOS) Call Spread, (XHB) Call Spread, (XLB) Call Spread, (XLU) Call Spread; Grasso Owns (V), (XLF), (RIMM), (AMZN); Grasso's Firm Owns (MSFT); Grasso's Clients Owns (JPM), (OXY), (AMR), (V)

© 2009 CNBC.com

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