Fast Money Housing Trade (LOW, HD, FO)

By Craig Jones
Benzinga Staff Writer
February 24, 2010 7:36 PM

Symbols: FO, HD, LOW

Tags: Guy Adami, Joe Terranova, Pete Najarian

Posted in: CNBC, Long Ideas, Short Ideas, Fast Money, Media, Trading Ideas

CNBC's Fast Money traders spoke today about a good trade in the housing sector.

Pete Najarian recommends Lowe's Companies, Inc. (NYSE: LOW). This home improvement retailer gained 3.64% today and closed at $23.64.

Joe Terranova would sell Fortune Brands, Inc. (NYSE: FO) and Guy Adami likes The Home Depot, Inc. (NYSE: HD), but only in the long run. He is a seller in the short run.

Fortune Brands (FO) gained 1.32% today while Home Depot (HD) added 1.98% and closed at $31.36.

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Fast Money Housing Trade (LOW, HD, FO)

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