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CNBC's "Fast Money"

Fast Money 12/28/17

CNBC's "Fast Money"

CNBC

Investing, Business, News

3.91.3K Ratings

🗓️ 28 December 2017

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

Fast Money starts right now. Live for the Nasak Market Side overlooking New York

0:05.0

City's Times Square. I'm Melissa Lear. Traders on the desk are Pete and Jerry and

0:08.6

Tim Seymour Carter-worth and Dan Nathan. Tonight on Fast fast Bitcoin burning investors again today

0:13.9

falling nearly 10% back below 14 grand. Legendary tech investor Roger

0:18.4

McNamee says the dramatic price swings are far from over he'll be here. Plus the Chart Master says one stock that's

0:24.4

down more than 70% from its all-time high could be a screaming buy in the new

0:28.2

year. He'll give us a name. And later Apple apologizing for its battery issues just moments ago and lowering the price

0:34.6

for replacement batteries, we've got all the details.

0:37.3

But first, we do a little dumpster diving with some of this year's biggest losers.

0:41.2

We're talking names that may have been in the gutter,

0:43.2

Under Armour, General Electric, Chesapeake, all down more than 40% Trip Advisor

0:48.2

Alergan, Chipotle getting hammered in this as the Dow closed at another record high today. So are any of these

0:55.1

stocks worth buying in the new year or should they remain in the dumpster Tim?

0:58.8

This is tough because again if you're a technical guide Carter probably has a view on this more than I do but once momentum is broken it's very difficult to break with some of these guys some of them are some of they are in industries that are challenged. I think trip advisors got some secular headwinds. Somebody like Chipotle is I think at least poised to

1:15.1

possibly turn around. The valuation was always terrible meaning it was always

1:18.4

traded rich and it deserved it. It's not trading around 1.3 EV to sales which

1:22.1

puts it at a massive discount. I know they've got some

1:24.8

fresh issues in California. They've made a CEO change. Fast casual I think still works

1:29.6

although rising labor costs. That would be the one where I think you have a quicker fix

1:33.4

than you have in some of these other places. What's your view overall on going

1:36.9

dumpster diet? Yeah I don't ever do it. I really don't ever do it but looking at

1:41.2

that list I could tell you this I was going to

...

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