Fast Money Picks For 2010 (BAC, ATLS, POT, GLD)

Benzinga 16 years ago

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CNBC's Fast Money Joe Terranova thinks that it could be profitable to own Bank of America (NYSE: BAC) in 2010. Bank of America (BAC) ended 2009 at $15.06. Brian Kelly said that if you believe in corn, wheat, sugar and other agricultural products than you have to believe in the demand for fertilizer. Therefore Brian Kelly recommends Potash (NYSE: POT). Steve Grasso likes Atlas Energy, Inc. (NASDAQ: ATLS) because he believes that natural gas is not going to spike. He sees Atlas Energy (ATLS) as a cost effective way to play natural gas. Steve Cortes believes that a right trade in 2010 is a short position on gold. Some of the gold ETFs that might interest you are ProShares UltraShort Gold (ETF) (NYSE: GLL), SPDR Gold Trust (ETF) (NYSE: GLD) and PowerShares DB Gold Double Short ETN (NYSE: DZZ).

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