Top 3 – Iran Standoff Trade, Flat-Screens Flat Stocks and the China Trade War?
Commodity traders will be on pins and needles waiting on the price of oil. The seizure of British soldiers has caused the price to jump some 10%. CNBC’s Trish Regan joined the show and she says much of the turmoil stems from Iran’s President who is trying to improve his domestic standing. Ratigan wondered if he was crazy or crazy like a fox. She thinks he is crazy like a fox, but internationally he comes across as irrational, although he looks to be invoking strong nationalism domestically. Bolling recommended buying refiners. Strazzini said to sell Oil Service HOLDRs ETF (OIH). Best Buy Co., Inc (BBY) and Circuit City Stores Inc (CC) earnings hit on Wednesday. Is the flat screen worth a buy, or the stock a return the crew wondered. Macke says a lot of bad news has already come in these stocks, he said to look at BBY’s April 50s options contracts at one dollar. He told us to stay away from CC. A war was pondered, it was not with Iran but with China. After a tariff was slapped on China and other “non market” countries Ratigan wondered if China might unload dollars. Bolling thinks this may happen, and surely they will not be buying any more treasuries after this. Strazzini would be buying gold and silver.
Quicker Than the Ticker
January 19th saw Bolling recommend Schlumberger Limited (SLB) and since the company is up 14%. The same day Adami talked up CSX Corporation (CSX) and it is also up 14%. January 12th Macke pointed to RadioShack Corporation (RSH) and shares are up 41% after blowing out earnings last month. January 16th Strazzini recommended Celanese Corporation (CE) and that one is up 19%.
Face2Face
An investor from Ohio asked about clinical trials for a treatment for macular degeneration and the future of Regeneron Pharmaceuticals Inc. (REGN) was asked about. Strazzini sees a great future and said to hold and buy on dips. The next query was whether the Korean market is strong and if Korea Fund Inc (KF). Bolling called this a great fund that has outperformed the Korean Stock Exchange Index by 10% a year over the last three years, stick here. Rocco DiSpirito, a celebrity chef, asked about organic foods and Whole Foods Market Inc. (WFMI). Macke called this dead money right now as they have outlived their usefulness. Safeway Inc. (SWY) and Kroger Co. (KR) were called buys here.
Fast Fire
The segment were something that feels so right goes so wrong. January 8, Macke talked up The Gap Inc (GPS) and shares dropped 15%. January 22, Strazzini recommended Barr Pharmaceuticals Inc (BRL) and they have gone down 17%. Bolling on March 17 went with The Scotts Miracle-Gro Company (SMG) and since an 18% drop has happened. Last on January 11, Adami recommended Lamar Advertising Company (LAMR) and the stock is down 11%.
Fast Money Madness
The Final Four is upon us, and while college basketball sorts its national champion out the Fast Money crew sorted out the Final Four here.
4. BHP Billiton Limited (BHP) vs 1. Berkshire Hathaway (BRK.A). Bolling, Adami, Strazzini and Macke all voted for BRK.A and Ratigan declared them the winner by a 4-0 margin.
2. Apple Inc. (AAPL) vs 4. Altria Group Inc (MO). Bolling called it “content over carcinogens” and he picked AAPL and while Strazzini is long MO he went with AAPL due to the upside. Adami and Macke both went with MO. Ratigan ultimately went with AAPL.
A bracket from the CNBC website is linked here.

Jim Cramer was out tonight during Speculation Friday telling investors he wants to find them the next Hansen Natural Corporation (HANS). Hansen, he said, “is the kind of grand slam everyone wants a piece of.” Now Hansen is “played out,” Cramer said, especially because JPMorgan gave it an “untimely upgrade” this morning. But the next “big play” he sees in the beverage market is Jones Soda Co. (JSDA). Jim sees lot of things are are similar between these two companies. Hansen and Jones Soda sell alternative drinks that target a younger market. Also, both companies came from the western U.S. In the beginning, Hansen had only a couple of analysts covering it; similarly, right now there are only three analysts covering Jones Soda, but this number should increase as the company gets bigger and its stock goes higher, he said. Jim also pointed out how the companies are different with Hansen making it big on in the energy drink market and Jones Soda making it big in the soda market. Also, Jones Soda hasn’t reached substantial revenue or profit growth, and it hasn’t extended its distribution channels, Cramer stated. Jim sees this as a sign of room for more growth. Jones Soda has doubled since he first starting to highlight it, but Jim thinks this puppy has more room to go up higher.
WATCH THE VIDEO HERE

During the “Benefit of the Doubt” segment tonight Jim talked up two retailers: RadioShack Corporation (RSH) and Sears Holdings Corporation (SHLD) which he owns for his trust. RadioShack’s Julian Day and Sears’ Eddie Lampert are two company heads who are “hated by Wall Street for trying to make money rather than making analysts happy,” he said. Jim is happy with Day’s performance at RSH in terms of bringing the company back to profitability. Jim sees RSH running as a business regionally instead of selling the same items in the same stores across the board. Jim thinks that Wall Street shows Day no love, but the man is doing a good job and hence the honor of the addition to the BOD list. Jim also thinks that Lampert is fixing Sears but Wall Street critics don’t give him any credit. Lampert brings his savvy from the hedge fund business to Sears which Jim sees as a positive. Investors in Sears are getting a man with a real edge and Jim wants his fans in this stock.
WATCH THE VIDEO HERE

Jim Cramer gave out his game plan tonight for next week and he highlighted two IPOs and a quarterly report. Veraz Networks Inc is a telco equipment company going public next week under the ticker VRAZ. “I want you in this one,” Cramer said. Cramer told investors he would be ok with paying up to $14 for this stock. He would use Credit Suisse and Lehman Brothers to get IPO shares. The second IPO is Comverge Inc an energy technology firm that will trade under the ticker symbol COMV. Jim wouldn’t pay over $12.50 to get in on this deal. Jim’s final thing to watch for is Best Buy Co. Inc (BBY) which will report quarterly results Wednesday. He would buy BBY only after it trades lower, but he also said he doesn’t like BBY as much as he favors GameStop Corp. (GME).
WATCH THE VIDEO HERE

Jim dissed Dell Inc (DELL) calling it “totally dead money.” He thinks investors should get into The Hewlett-Packard Company (HPQ), which he owns for his trust. Jim also made bullish comments on AAR CORP. (AIR) saying he has liked this company for years. Jim told another viewer that GOL Linhas Areas Inteligentes SA (GOL) is going from $30 to $40.
WATCH THE VIDEO HERE

Bullish
Supervalu Inc. (SVU), Safeway Inc (SWY), ValueClick Inc (VCLK), American Capital Strategies LTD (ACAS), Allscripts Healthcare Solutions Inc. (MDRX), United Technologies Corporation (UTX), The Goodyear Tire & Rubber Company (GT) and NYSE Group Inc (NYX).

Bearish
Koninklijke Ahold N.V (AHO), Blockbuster Inc (BBI) and Acadia Pharmaceuticals Inc (ACAD).
WATCH THE VIDEO HERE

The rally in Qualcomm Incorporated (QCOM) should not be touched according to Jim. The fundamentals are solid here but the trading he doesn’t like. Buying in a rally that has some “walking up” buying by funds that want to nail down an outperforming quarter by pushing the stock higher can be dangerous. The rush into Take-Two Interactive Software Inc. (TTWO) was also questioned. The financials are not easy to “clean up.” Best of breed agriculture plays Jim likes right now, specifically The Deere & Company (DE) and Bunge Limited (BG). Archer-Daniels- Midland Company (ADM) is the top here and “in the sweet spot.”
WATCH THE VIDEO HERE

The return of Michael Dell to his company isn’t comparable to Steve Job’s coming back to Apple Inc (AAPL). Dell was called an operations guy and Jobs a creative force. Jim does not see how Dell Inc (DELL) can maintain margins with competition. DELL is not a play because Dell is back but APPL is a fashion play where you can charge a lot of money for their product. Fashion is usually “faddish” but in APPL’s case it is not. Microsoft Corporation (MSFT) has tried to compete against the iPod with Zune and it has not gone well for MSFT. Jim does not think that DELL can reignite margins. Operational margins might be kept a bit higher but the PC business is not a good business any longer. WATCH THE VIDEO HERE

Fast Money Recap from March 30th, 2007.
Top 3 – Quarter End Trade, Trading America’s Heartland and Trade of Steel.
March 30 is the final day of trading before money managers much close the books. The first quarter was volatile as the subprime scandal blew the doors off of housing and taxed financial stocks along with the tire and steel stocks forging along. A confused Fed chairman and surging oil prices were also among the trends. Mike McCarty, Head of Program Trading at Morgan Stanley (MS) joined the show and he sees energy as a sector with the most activity and Friday should see the same. A surge in volume was compared to a report card by McCarty, and thinks the volume will carry over to the next quarter. Adami says traders are piling on and the trading will cause the stocks to carry higher into next week. Western Refining (WNR) was liked by Bolling and he likes the stock. McCarty thinks next quarter we will see energy going up and financials will move down. Strazzini says to buck the trend and he may agree with the analysts but you should buy financials at a strategic point in the future. Macke agreed and says they might be a good long term play. McCarty noted that there is typically a 25% spike in volume and that will provide an opportunity for traders to get in or out of any stock they want to. Farmers and hedge fund managers get up early in the morning to watch the USDA crop report tomorrow, this will tell them how many acres of corn and soybeans farmers expect to play this season. The question was asked, what is the trade during this high stakes showdown in the corn belt? Bolling gave us four agriculture plays: Monsanto (MON) for seed, Agrium (AGU) for fertilizer, Deere (DE) for tractors and Bunge (BG) is the food play. He told us that if you do not like the agriculture plays, look at PowerShares DB Agriculture Fund (DBA). Adami says the only play is Potash Corp (POT). Macke went with DE also. Fast Money is watching US Steel (X) and the $2.1billion deal for oilfield equipment maker Lone Star Technologies (LSS). There has been a wave of consolidation including the Mittal (MT) $22billion buyout and Evraz’s (EVR) $2.3billion deal. The current deal also sent Dow Jones US Steel Index 25% higher over the last 3 months. Strazzini thinks the consolidation makes steel companies more valuable. Adami called the deal pushing the stock up on a down market telling. Dan Dienst, CEO of Metal Management (MM) joined on the Fast Line. Dienst runs the largest scrap metal company in North America and demand has increased.The world is in “are source short environment” and so far scrap is the least mature of all the areas according to Dienst. Bolling likes MM, Commercial Metals Company (CMC) and Schnitzer Steel Industries (SCHN). On a valuation basis Adami adds that MM is getting rich and he told us that CMC should be bought. Bolling recommended buying Companhia Vale do Rio Doce (RIO) and Cleveland Cliffs (CLF).
Word on the Street
News: Dell (DELL) will delay year end results after accounting errors occur. Macke calls this a bad miss and he does not want to buy this stock as it is already down. News: World Wrestling Entertainment (WWE) stock jumps 4% after the segment Vince McMahon had on Fast Money a couple days ago. Macke pointed at how Wrestlemania has been loosing viewers, but they do generate high gravity revenues, and if they hit the projected 1.5million viewers the stock will fly. News: Who will win out CVS (CVS) or Walgreens (WAG)? Strazzini was on WAG’s side last summer and still. They need to acquire either Medco (MHS) or Express Scripts (ESRX). Stores are doing great but the stock needs to catch up according to him.
Fast Money Chartology
Volatility with gas, crude and jet fuel rising the trade is what? Bolling put together charts illustrating what is going on here.Bolling put jet fuel in a chart against Continental Airlines (CAL) and one went up and the other went down. He recommended selling the airlines and buying the refiners, Valero (VLO) was the one he is most fond of.
Final Trade
Bolling was fond of Freeport McMoRan (FCX) with copper prices rising. Adami liked Potash Corp (POT). Strazzini went with Sanofi-Aventis (SNY). Macke went with Deere (DE).
Fast Money Madness
BHP Billiton (BHP) went head to head with Deere (DE) tonight. Bolling and Strazzini picked BHP here while Adami went with DE. Ratigan decide went with BHP. The brackets are here.