Final Trade: FCX, C, TGT, SLB

Key Concepts:

• Flagpole chart pattern (technical analysis)
• Upside calls (options trading)
• Target price (stock valuation)
• Management change (corporate governance)

Final Trade Picks:

The segment focuses on "Final Trade" picks, where each panelist shares a stock they believe will perform well (or poorly) in the near future.

• Tim Seymour: Freeport-McMoRan (FCX)

  • Seymour is bullish on Freeport-McMoRan, a copper mining company.
  • He specifically mentions a "flagpole chart" pattern in copper, suggesting a technical breakout and further upward price movement.
  • The flagpole pattern is a bullish continuation pattern in technical analysis, indicating that the existing uptrend is likely to continue.

• Karen Finerman: Citigroup (C)

  • Finerman acknowledges Citigroup's "great, great run" (strong past performance).
  • However, she is "selling some upside calls" on Citigroup.
  • Selling upside calls is a strategy where an investor sells call options on a stock they own. This generates income but limits potential profit if the stock price rises significantly above the call's strike price.
  • She also mentions "Go, Liberty tonight," which is likely a reference to Liberty Media Corporation (FWONA), but the connection to her Citigroup trade is not explicitly explained.

• Dan Nathan: Lockheed Martin (LMT)

  • Nathan is bearish on Lockheed Martin.
  • He states, "Not a loser. Great American company today. Losing target. It's not an option. They need to change that management."
  • He believes the company is underperforming and needs a management change.
  • He mentions "losing target," implying that the company is not meeting its financial goals or strategic objectives.
  • He emphasizes that a change in management is necessary to improve the company's performance.

• Mention of Morgan Stanley:

  • The segment ends abruptly with a mention of "Morgan Stanley making noise," but the context or specific details are not provided.

Synthesis/Conclusion:

The "Final Trade" segment presents a quick snapshot of investment ideas from different perspectives. Seymour is bullish on copper and Freeport-McMoRan based on technical analysis. Finerman is taking a cautious approach on Citigroup by selling upside calls. Nathan is bearish on Lockheed Martin and calls for a management change. The mention of Morgan Stanley is incomplete and lacks context. The segment relies on quick, actionable insights rather than in-depth analysis.