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Stock Opinions by Victoria Fernandez on Fast Money

COMMENT
Yes, there's room to run with Apple, but it isn't a cheap stock. Earnings come at the end of this month, and Apple tends to run up 1.5-2% before earnings. If you're doing a short-term trade, but cautious. She's not sure if we'll see record earnings in Q2 as we did in Q1, but assumes earnings will still be strong. It's a great stock over time. In general, she's a long-term investor in stocks with long growth potential, so you don't need to worry about volatility.
electrical / electronic
DON'T BUY

It's her least favourite stock in the original FANG, because there's a ton of competition in this space: Apple, Disney, Paramount, HBO, NBC, etc. She thinks people still start culling all their streaming subscriptions. Also, their new slate of content will mean huge costs. As competition increases, it'll hurt Netflix's margins. It comes down to subscribers, a number they really missed last quarter. Their guidance is only 1.5 million new subs.

Unknown
DON'T BUY
impact of business travel on the hotel and travel space She sees the same question with airlines and reopening stocks--when will business travel come back? All the growth to return to pre-pandemic levels was automatically priced in as soon as the economy started to open. The risk/reward profile gives her pause. Yes, summer travel is returning, but business travel will take a while to come back. Also, the Delta variant is starting to gain traction in the U.S.; some places are thinking of reinstating mask laws. If so, hotels will get hurt first.
lodging
DON'T BUY
AMC was suffering before Covid with lousy numbers. Covid isn't the only cause of their woes. No, it's not purely a reopening play. Their projected earnings don't justify their valuation. A few blockbuster films are being released this Memorial Day weekend, but for $30 she'd rather see Cruella at home and order a pizza than go to a movie theatre. That said, she would pay to see a movie in theatre like Top Gun 2. There'll be a huge shift in how people watch movies.
entertainment services
DON'T BUY
She wouldn't buy it, but she can see more interest in this meme name than, say, AMC, because analysts have upgraed BM and more people will be going out to eat at restaurants where BM has struck partnerships. However, BM is seeing more competition in non-meat food products. Also, BM is valued 7x more than some peers, so dig into their fundamentals and balance sheets.
0
STRONG BUY
How to play the U.S. reopening in a short-term trade. She prefers longer-term names in tech--data infrastructure (driven by the infrastructure bill). Or to participate in air travel, cruise ships, etc. buy MA. MA is one ofher favourite reopening trades. This long weekend, 38 million Americans will be on the roads, using credit cards to pay for everything to travel, fly, see concerts or movies in theatres.
other services
BUY
How to play the U.S. reopening in a short-term trade. She isn't hugely positive on energy, given ESG concerns--more regulation will come (which will raise costs) as we've seen in Europe now and she expects that to reach the US in the next few years. Too many obstacles for energy names now. In energy, she prefers utilities like NextEra which generates wind and solar energy.
electrical utilities
BUY

Lowes vs. Home Depot in the reopening There's still room to run for both. Contractors have a ton of work and a shortage of supplies. Both have risen over 20% in the past 6 months. Home Depot trades at a slightly higher valuation, but is worth it and she prefers HD.

misc industrial products
BUY

Lowes vs. Home Depot in the reopening There's still room to run for both. Contractors have a ton of work and a shortage of supplies. Both have risen over 20% in the past 6 months. Home Depot trades at a slightly higher valuation, but is worth it and she prefers HD.

specialty stores
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