Advertising

Rating Card

Unlock Expert's Rating and Top Picks Portfolio

Become a member Or, Sign In
Latest Top Picks

Stock Opinions by Pete Najarian

COMMENT
Stocks are taking a pause today, and we've seen this many years after violent moves up (or down). In the first week of December, we averaged 50 million derivative contracts, but only 37 million/daily since then. Yesterday was the lowest day of the year. Investors want to sit back and pause now. Sudden news about Omicron and will definitely effect markets though. January will see more normalcy with earnings season.
Unknown
COMMENT
55% surveyed predict less than 10% gains on the S&P for 2022 In the first half of 2022, we'll see volatility, but fade in the second half. He predicts a double-digit rise in the S&P. Supply constraints will loosen by the summer and the markets will kick in. Latter-2022 will look like 2021's healthy rotation. Energy will continue to rally. From the time Biden took office, energy has soared. The financials will be interesting, could explode up, depending on the Fed.
Unknown
BUY
Options trading He just bought some calls. He saw people buying upside calls, so he pounced on it.
banks
BUY
Options trading He jumped on some options. He likes healthcare and is adding to the sector. he doing call buying with Glaxo, not stock buying. There's a lot of activity here.
biotechnology / pharmaceutical
BUY
Options trading Likes it because this stock keeps exploding higher, and yet he still sees upside given its cheap PE. He already owns the stock, but December 95 calls were busy, which triggered him jumping into the options.
computer software / processing
BUY
Options trading A beta name. He's been buying energy this year. Devon has had a great run this year and maybe more to come. 4,000 of the April $49 calls were bought today at $2.80 to over $3.00. Devon is retracing its July 2018 highs, so he sees more room to run. He bought.
oil / gas
BUY
Options trading Today it's sort of near its all-time highs. Today, 3,000 December $350 calls were purchased at $2.30-3.00. He loves this trade. This stock has the potential to break above $350 by week's end. He bought calls.
Technology
COMMENT
He wouldn't touch Chinese stocks, unless through options. Too risky.
Technology
BUY
The demand for copper is huge because of EV's. So he continues to regularly roll options into Freeport-McMoran. Keep a close eye on copper.
non-base metal mining
COMMENT
Tech and semis look good today as well as last week. There's a lot of activity both in macro among the SPDR calls and heavy options activity in individual stocks like MSFT, AMD and Nvidia. These buyers expect this to be a strong week and not only rallying today. This could be the final rally for the year. We're in a choppy market and this will continue. There have been big bounces in semis and crude oil, however trading volumes have normalized. People are getting a little bullish now.
Unknown
BUY on WEAKNESS
We'll likely see volatility in early 2022 after 2021's incredible run. 2022 may start off very rocky. In past sell-offs, big names like MSFT pulled back much lower than today's price (as well as Apple, Facebook, etc.), but that was the time to buy. Look for opportunities in these types of stocks in the first 3-5 months of 2022. Have your shopping list ready.
computer software / processing
PAST TOP PICK
(A Top Pick Jun 21/21, Up 28%) It comes to the CEO who's always looking ahead. His acquisitions have fit into the company very well. MSFT continues to steal cloud market share. MSFT is a well-oiled machine. The PE is a little stretched historically, but he still sees upside. MSFT can fulfill everything. A strong buy.
computer software / processing
PAST TOP PICK
(A Top Pick Jun 21/21, Down 6.5%) He just added shares. Target touched $279 in an explosive run, but has pulled back in recent months. The PE trades around 16-18x, lower than the S&P PE, plus Target's 2021 sales growth is $15 billion is monster growth. Digital sales have been huge for them in recent years. They continue to grow. They execute very well. Stock pullbacks are pauses, just like Apple, before they run up. The PE is too low, so he sees them revisiting and maybe surpassing old highs.
clothing
BUY
It's trading just above $106 (calls were bought just below that). Buying Dec. 31 expiring calls: are 6,500 of the $115 calls. This week's it gotta perform strongly and make a big move to the upside. Calls started at 50 cents and rose to 85.
Technology
BUY
Call buying in AMD, MSFT and Nvidia has been huge, and now we're seeing it with FB. 27,000 of Dec. 31 $360 calls, going 26 cents to $1.50. A lot of activity in these big-cap techs, and they're all looking for an explosive move this week.
0
Showing 1 to 15 of 36 entries