hey, "mad money" fans, i'm courtney regan jim is off tonight but we have a special edition of ""fast money" " coming your way. it's called "the hot list. joining us tonight, victoria hernandez, cnbc contributor and dilano let get to the first trade the hottest trade in the market now. amc. the movie theater stock posting

blockbuster gains this week. more than doubling since monday. the stock pulling back today, though the move comes as the reddit army takes aim let's go inside the trade. kate rooney kicking us off with more on this great hollywood comeback hi. >> happy friday. this week felt a little like what happened in january with gamestop remember that? the reddit trading crowd hyping up another stock this week, amc. a #amc squeeze and amc strong. amc almost tripled 20% of the sales were sold short. many betted the price would go lower. that's about four times the average according to data from s 3. amc was active with 700 million shares on thursday alone

that's about seven times where it is on a normal day and amc traders are selling on reddit, it's not a great week to bet against that stock or meme trades the total loss for traders betting against amc, gamestop and virgin galactic are $2.8 billion this week alone and yesterday, just in one day, they lost about a billion dollars amc, gamestop and virgin galactic are among the most shorted names. let's take a look at just amc numbers. that stock surged this week as resulted in $1.3 billion in losses for those shorts. and courtney, the kind of ironic thing here, short selling may be part of what is driving this rally when traders try to close out their positions, they may need to buy back those shares causing additional demand and boosting the price back to you. >> this is wild stuff, kate. thank you for following it

let's bring in the traders and talk it through. i don't know who we want to start with let start with delano. let start with the reddit stocks and meme stocks. let talk about amc even though it went on either side of the flat line today. would you be a buyer and follow the crowd? >> courtney, let's take a step back and think what is going on. that's crowd sourcing ideas on social media platforms we thought maybe this was the blip but it here to stay and that idea was planted with little guys betting against larger guys and wynn, that can't go away. i wasn't in the trade. if you 2 x your money, you should take profits here and wait for a pull back and maybe see if you can visit other entry points there and also for gamestop, up 25% over the course of the week there so i think this idea is strong and you keep seeing it come back. for myself, i've been sitting

and watching and it's good to be a spectator in this volatile trade. that's where i'm at with this. >> help me understand this it seems like in the beginning, yes, it was like a revenge play. it was the little guys against big hedge funders in a name like gamestop but look at a name like amc, of course they struggled. there was a pandemic they're reopening. could be part of the reopening trade. so how should someone think about a name like amc now? i mean, is it really a meme or reddit play or reopening play? >> i think the issue is amc was suffering before the pandemic. they had years of terrible numbers going into the pandemic so it wasn't just covid that caused them to drop down and so to say that it's just a reopening trade makes me a little nervous you look at the projected earnings, they don't just justify the valuations we're seeing on the numbers and we

have, you know, a couple blockbuster movies coming out. we have "cruella." for $30, i would pay that, sit on my couch, order a pizza and watch it at home than go to a movie theater. "top gun 2" when that comes out, i'll be at the theater i think there is going to be a huge shift in the way people watch movies and so for me, this valuation just makes no sense at all. >> yeah, i'm going to be at the theater for that one, too, goose. i want to see that tim, what do you make of these meme stocks and the action, again, the same question i asked victoria there is a fundamental business here i understand it struggled but the ceo did do some things to make the most of the action and so as you watch this stock, is there a trade? maybe it's not investment, maybe it a trade here, tim. >> well, it's definitely a

trade. if you're along the stock, i would be dancing by the doors. he's been on the show and put out a note on amc where he said it was worth a cent and i think the point was the future of movie going, not really in question the future of amc absolutely in question when you consider their ability to generate revenue from a movie attendee audience versus the enterprise value of a company with a terrible structure and will continue to in fact, they should be raising as much equity as they can if you think about where they were, victoria referenced where they were prepandemic somewhere around 720 million in ebitda in 2019 conservatively, in other words, like giving them the benefit of the doubt on a hand full of met tr -- metrics rick put together. 7 million is where they could be this is a company with 400 million in interest expenses

probably 200 million in cap x dynamics and look, it's a broken business it doesn't mean we won't go to movie theaters again but the pbod dynamic for disney for example is one where yes, i don't think we're going to ever see movie releases the way we used to. yes, there will be exclusivity for releases i love going to the movies my kids love going to the movies there is no way this company can earn it way to the valuation 30 times ev ebita it's ev to revenue no sense to talk about this fundamentally. this is a short squeeze and then a lot of momentum around it and it may not just be little guys but big guys, too. i don't think some of the trades around gamestop have been the little guy going against the big guy. this is an institutional community that's also been involved and been opportunistic

or starting the fire. >> delano, that's a good point tim makes. we don't know for sure who is making these trades and if you're new to investing, you want to follow stmart money and smart moves. do you think it's too much of a volatile trade to get involved with names or take advantage of moves even if like tim says, it's a broken business but if the stock goes up, you can still make money. >> yeah, yeah, courtney, that's a fair point and more of a preference thing there so when you look at these stocks, you have to be in a situation where you can take on that volatility and there is two types of areas you can do that if you have more capital to do so, more institutions are getting the ball because they see the opportunity to move the needle greater for someone wondering if they should be in play, you have to have that look at yourself and

understand if that's something you want because that's a very volatile play when you talk about these stocks jumping at great lengths over the course of five days or a day even. that's something i think people would have to look at. >> i don't want to end the conversation here. it's memorial day weekend. we'll be going to barbecues if you feel safe enough people will be talking about this stuff i want to bring in justin zen that tracks chatter on reddit's wall streetmetrics what have you been seeing over the last 24 hours with these names we've been discussing with the meme or reddit stocks better cha chatter? >> hey, courtney, over the last 24 hours, the number of mentions of amc on wall street bets has increased 200% over night. amc is now the most talked about stock on wall street bets. it has two times the volume of lap and three times the volume

of gailmestop that's in third place. i would love to answer your previous question about does amc fit into the evaluation, which i can't exactly answer but i'll say if you look at the alternative data, the number of job listings for amc is up 5,000% the company is completely committed to reopening the theaters at scale and then actually look at their locations on an individual location by location basis, you can see a lot of competitors have been lower to reopen and some of their competitors have gone bankrupt and closed locations so the ceo recently said they g gained 25% and the numbers do support that. >> justin, that's interesting you bring that up with locations and jobs because that's something else they can do as far as tracking this kind of data so do you think that this then is why amc has been generating so much chatter because there actually is fundamental reasons behind this trade or is that not at all what

you're hearing from this group in these chat rooms on these reddit threats >> yeah, i think there is a lot of fundamental reasons behind this trade if you actually look at the threats themselves, they are doing a reddit analysis. a amc has locations and mask mandates and understanding how much sooner can they reopen to get the foot traffic back. you're seeing a lot of deep due dill igence being done. >> before we let you go, give us a clue to what might be the next amc? n what names are starting to be talked about on the reddit forms? >> we have a couple names that popped up over the last week one is beyond meat it mopppopped up two days ago up 900% in two days. another one is tillray

the weed stocks were popular two months ago and looks like it's consolidating into one specific name chatter is up 400% week over week and the last one is nokia, that has have been coming and going but chatter right now is up 200% week over week. >> justin, thank you so much for bringing this data appreciate you being here on a friday night have a great weekend let's go ahead and trade this. victoria, what do you think of the idea beyond meat that was a hot stock for awhile and i feel like it's lost some moe men f momentum could this be a name you're interested in reddit crowd or not? >> it's not a name we would purchase into our strategy there might be more interest in beyond meat versus amc. you do have analysts that came out and upgraded the name. we are going back out to restaurants and beyond meat has its partnerships with restaurants so more people going

out to eat, more purchases of beyond meat but where i would be concerned is that the competition that we're seeing in that space, tyson used to make the burgers for beyond meat so not like nobody else knows how to do this and other people can come in and start making the same products and you look at a company like, let's say, lamb westin that does the frozen pro d -- potatoes beyond meat is valued at seven ti times that category. you have to be careful with the valuations and really dig into the fundamentals and balance sheets. >> makes sense i shouldn't knock it before i try it but i'll go traditional hamburgers hot dogs this beweek the real thing. we're just getting started one hot trade down four to go including an electfied rally and trades of a 117-year-old company. don't go anywhere.

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welcome back to this special edition of "fast money" we just tackled the meme stocks and plugging into another hot

trade. the e.v. boom. they are on fire check out the move in ford the company doubling down sending the stock to a six-year high and boford is 25% in may alone. let go inside this trade phil lebeau is with us what is driving the action that is not a normal move for shares of ford. >> no, no, this rally, this extended rally for e.v. related stocks or anything touching the s segment will go for awhile let start with the lithium battery supply chain etf and showing you this because you really saw the rally through the end of last year, maybe into february and since then it's plateaued. is that it is that all there is for electric vehicles? no, three things to watch. you have invest ments accelerating look at ford adding $8 billion into what they plan to invest in electric vehicles and gm is

putting more money into it and auto makers whether it's hyundai and suppliers. they are plowing more money in there. adam jonas talked about this today. the auto makers are scratching the surface when it comes to the potential for regular revenue coming in from these connected cars and there will be more models, more chases. how many more? take a look at this data from lmc. this year, if you go to look for an electric vehicle, there are 21 different models for sale check out by 2025, there are going to be 121 different e versio v models for sell. who are the makers to watch? tesla. they dominate the market now and they have the austin factory that will open this year and the cyber truck coming out and greater production in the united states so they're going to be the leader at least for sometime will they be the leader in ten years?

too early to say they will be the leader for sometime also, watch general motors general motors has the factory zero opening later this year the first hummer suv, it's technically a truck, they will come out later this year but really ramp up production next year and as you mentioned, courtney, ford they said here is the f-150 lightning. this is a fully electric version of the best selling vehicle in the country. they put a stake in the ground saying we will be a big player when it comes to electric vehicles do not and expect that we've seen this to end immediately it may take a pause but will be extended over the next couple years. >> got it. phil, thank you so much. appreciate you being with us on a friday have a great holiday weekend let's trade this ' tim, you're not a fan of tesla but let's talk about ford. we ended a hit there and brought us home on this rally talking about the ford f 150 that's electric

it blows my mind i'm not a truck girl but i thought the whole thing is power so an electric f-150 that's a thing people want i don't know. >> of course, it is. i can see you in an f-150. >> i've driven one, it feels -- >> that's my rig. >> that's a compliment. >> i had a rental car one, yikes, this is a big guy. >> i think that would be hot here is a story. the story is that ford is a company that for years is running unprofitably and outside of the f-150 i don't think had a particularly exciting line that was inspiring both their audience and really inspiring the balance sheet. what is remarkable about the f-150 this is the most popular vehicle in north america when you look at the gross margin impact where they will be and the battery dynamics in the inherent cost, their ebitda could be 8.5%. we talked about this a couple days ago versus 4.5% now the bottom line is really if you

put anything close to an ev multiple on this brick and mortar combustion engine ford historic and you put their $1.75 a share next year and put at 15 multiple on it instead of ten or historic eight and again, that's extremely conservative when you consider they are talking about 40% of their fleet out a couple years will be delivering on ev and compare that to a tesla. that's the reason to be excited. gm, as well. again, if you just play with the multiple a little bit and don't have to get out there in the strat stratosphere, these stocks could be significantly higher. >> i felt like i was up in the stratosphere in that f-150 i could barely see over the steering wheel. >> yeah. >> delano, what do you think nobody is questioning this is going to be a big important space to come in the auto industry but do you like tesla or is ford or gm the way to play it or maybe the etf phil was

talking about, the lithium battery eft? what do you think about this space? >> the whole space has a big tail wind as mentioned by phil and tim. what you're seeing is regulation is behind the infrastructure, invest the is behind this space. so for the couple ways to play it, i like tesla the market leader that's one investors have been enjoying for awhile and you'll enjoy share performance from tesla and look at a broader etf so a space of infras infrastructure, batteries, other areas to get involved and ford is great investors liked what happened on investor day you liked the president and administration and the f-150 with so many different things and you can't lose and ford saw investors were taking a stake. there are so many tail winds for the space but investors have to pick and choose what makes sense. >> thank you very much we're going to move on from this but we got a lot two hot trades down.

we've got three to go including america's big reopening and the chaos in crypto land don't move a muscle. this special edition of "fast money" is back right after this yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes right. see- that's the thing. you never know what the day might bring. so whether you do business on wall street or main street you have to be ready. with the power of the network that can deliver gig speeds to the most businesses. the freedom to control that network from anywhere. and advanced cybersecurity to help protect every device on it. all backed by a dedicated team 24/7. every day in business is a big day.

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to hug my students. with every vaccine, cvs is working to bring you one step closer to a better tomorrow. we're back with a special edition of "fast money" we're tracking the hottest trades in the market now the big reopening. millions of americans hitting the road this holiday weekend, in fact, 60% more people expected to travel this memorial day weekend compared to last year nbc tom costello is on the front lines of the reopening in denver tonight, tom >> good evening from a beautiful evening here in denver, colorado

and cherry cheek state park where we've seen a lot of people come out to enjoy a beautiful day in the sun and maybe get into the water, as well. nationwide, this is the day that we're seeing people finally escape from their homes after the covid lockdown excited about the fact that 50% of the population now has had at least one dose and with that, state parks are full national parks are full. highways are full. 34 million people on the highways over this break and then the airports are full we had the busiest travel day since the pandemic thursday. nearly 2 million people going through tsa check points because of the sudden surge in people escaping their homes and anxious to travel, we have theme parks reporting they have much better than expected and faster than expected recoveries underway same thing with the airlines they simply don't have enough planes to keep up with the demand they say it will take until the end of the summer to have enough

planes to handle the demand. more people vaccinated and excited about the fact the summer and great escape is underway. >> the great us scape. th appreciate that. victoria, how do you track airlines, cruise ships, the airbnb, what do you make of this one? >> if you're looking for a short term trade, you can venture into some of those spaces that's not really what we like to do. we like longer term trends, longer term holdings in the portfolio so we think you can participate in the reopening trade by looking to see where you can get those longer term trends and it can be in multiple sectors. it can be in tech with data infrastructure with part of the bill and 5 g where we think is interesting to play and goes in along with airlines and hotels and cruise ships is through the credit card space. so mastercard for us is one of our favorite reopening trades.

we own it in our portfolio we see all the people going out. i think the reporter said 38 million people on the roads. they're going to be using their credit cards to pay for everything that they're doing, along with going to movie theaters and concerts and things like that. so we feel playing that space with more of a longer term outlook with master card will be more beneficial than trying to time the market on specific pure reopening trades. >> all right i hear you gosh, i miss concerts. that's probably the one big thing i really mis, country concerts delano, what's your trade for the big rop reopening? >> court nney, you have to lookt air lives. if you get to your favorite hotel airbnb you'll probably fly there. we mentioned the tsa is going back towards the normalized numbers. 2 million in 2019 and 2.4

million at the same time yesterday. we're seeing a lot of traveling. a lot of people you look on social media and seeing people get their favorite destination many they weren't able to go to over the past year and that's something that will keep playing out. look at american airlines, they are trending really high over the past month that one that has a little more upside if you look at it is delta. right? delta is flattish but there is upside. >> do you want to go traditional, airlines, cruises or make me smile and pick a retail name? some of the retail numbers we saw were really off the charts with the reopening and a lot of executives say look, people are back and buying dresses and dress shoes to go to the events and concerts i'm wondering, is it going to be short lived or longer lived? is it just penaltt up demand? what do you make of the different trades >> the first thing i think i need to know and to make me

smile is you click your finger, what concert are you going to courtney regan >> brett eldridge concert right away got to get there. >> of course. >> top of my list, too. >> right i knew it. i knew it. right? it's around the fourth of july in chicago if you want to know that's where we're going. >> or come to texas for the rodeo. >> there you go. that one, too. >> all right so first of all, as it relates to retail and we've seen this with gap for example you get either in old navy, which segment wise is probably more focused on the stimulus and the package but certainly reopening as it relates to banana republic and even possibly gap stores seeing people back into business causal dynamics is a huge driver. to me, where retail is not all that exciting here is i think whether it's gap or even may sees s - macy's and talked about names in

the reddit segment, you pressure in recovery to navigate the e commerce world or multiple quarters for the first time this is people getting in cars. it's their energy sector and demand that fell off a cliff for a lot of reasons and covid is something that people are under estimating there is a lack of investment in both traditional fossil fuels and renewable's but most importantly, we're going to continue to see gas prices high. i think we'll continue to see margins very high and a lot of companies have been run so they actually are not spending it all on cap x and more on op x and higher margin so chevron, eog and i like the oil service names and schlumberger i've longed for six months and has a long way to price back to current expectations for brent, which i think are going to stay north of 65 for the foreseeable future.

>> energy is a good one to point out. a lot of people noticing the price at the pump. vic victoria, you're down in texas what do you make of energy as a trade here >> we're here in houston and so it does hurt my heart a little l bit to say that we are not extremely positive on energy right now, but a lot of it is not just because we're in fear of the reopening trade not working or anything like that, but we also have concerns from the esg side we think there is going to be a lot of cost involved and more regulation coming in some of the items you ain europ see those comes to the u.s. in the next couple years and a lot of obstacles right now for oil and gas names that are out there. if we're going to look in a broader energy space, then we would look maybe more in the utility sector like an xterra where you get wind and solar and

then there is of topportunities there. >> we could keep going we got to get to the other hot ones we have full coverage of the busy travel weekend coming up but the top of the hour on the news with shepard smith. coming up next on this special edition of "fast money" , we're tackling more hot trades including the recent crypto chaos. stick with us. we're backft ts. aerhi hey, it's good to see you. the company we've trusted to keep us working remotely, is the same company we'll trust to bring us back together. cisco. the bridge to possible.

welcome back to this special edition of p"fast money" . we just tackled the great reopening and up next, the crypto craze with bitcoin dropping 9% today. how should you approach the wild swings if anybody knows, tell me. this is nuts, let's trade it we'll start with delano first. i understand you just started offering crypto trades to your clients so what are you advising them to do when we see the wild swings happening over the weekends, hmost recently? >> allowing clients to get exposure to crypto currency because there was so much interest there was inbound interest and with this situation, you have to

understand there is fundamentals behind crypto currency and cut client's exposure. you'll see volatility and wide swings and that's what happens when you deal with an asset that's fair ly new this is a lot of institutional adoptions coming into the space and a lot more understanding we saw with the esg conversation that happened earlier. there is a lot more understanding going on in this space. for long term holders, you have to think what it will look like 15, 10 years down the road that's what we want people to get exposure to and understand and dig deep what they see and envision with the crypto currency going forward. >> you're not so worried about the shorter term wild swings tim, are you worried about those? >> i worry about the leverage of the system it depends the world you're in the lev werage you're afforded n obviously, there are folks and

exchanges and there is certainly opportunities to get 101 times leverage look, depending on how you're approaching and timing here, the volatility not surprising quoting carter worth on past mo "fast money" earlier, this is almost garden variety material though we're getting to a place where you're starting to get near bigger draw downs that we've seen up 210% year to date look at the dynamics this is -- i think much to do about uncertainty around regulation which is a major issue but it's not really about is the asset class going to continue to grow and is block chain and the digitalization of assets something these are trends, these are hot trades and they will perpetuate. the vehicles are part of that. the volatility here is scary especially going into a weekend seeing the activity today when in fact that's really when the

bitcoin volatility has coal out over the last few weeks so look out below. >> there you go. you mentioned bitcoin. i was waiting for you to mention. you picked it in the stock draft but talking about atherium if you pick it in the stock draft and that runs until the super bowl, right? you're holding that for awhile. >> yeah, look, you're talking about horizon investment and if you're betting on a one-year basis with volatility as a tail wind at least potentially in your favor is part of that play. it was tactical, too court, i had the number one overall pick i had four or five teams below me to get that pick trading up i decided i had to go with bitcoin. clearly, this is not been a great -- if i look at my standings in the stock draft, not going so well right now. it is a long season as they say and i think bitcoin has proven really to have marched to its own beat and been counter cyclical many times. >> i was going to say, you have

time to go don't give up on yourself now. we're rooting for you. we want to continue the conversation, what is driving wild swings? we want to bring in anthony. give us insight what you make of these wild swings like today with the 9% drop only to rebound over the week. give us insight. if you want to play this, how do you do it and potentially be a little more careful around that volatility >> yeah, look, i think we're talking about a volatile asset here and so bitcoin and crypto currencies are frankly the last free market left if you think of the stock market as comparison, there is hours of operations and circuit breakers and manipulation from a monetary policy point when you look at the free markets that trade 24/7 365, you'll have volatility and trade in off hours for an equity market so some of this is just people

coming into the space understanding. this actually isn't that volatile, right? over this past week, we've had a 9% draw down in a single day but had a day where it was up 11%. volatility works both ways you have to understand this asset is not like a traditional equity and if you understand that and you want to go trade it, knock yourself out most people in the space who have done pretty well end up being long term holders over 50% bit. >> kevin: as it moved as it mov. >> anthony we're going into a long weekend, of course, you'll have get-togethers as people are starting to reemerge and i feel like they're going to want to be talking about dogecoin this seems so silly. it started as a joke but it's a real currency. people are trading real money. what is going on on the action there? is this a real play that we should be considering if we're interested in crypto >> yeah, again, it goes back to

are you trying to be a trader or long term investor before i came on i tweeted and said burke shire math away is the people that grew up without cell phones. we have game stop, amc, dogecoin they aren't now. they have been around for a long time if you go into those assets, they don't have the underlying fundamentals in many cases you have in something much more sound like bitcoin you can hold over a long period of time if you want to trade, knock yourself out there is plenty of alpha to be generated by people who know what they're doing but if you're not a trader, buy the assets and hold them and crypto will end up being the judge, the jury and the executioner for financial markets over the next decade you're going to be in crypto markets or out of them and if you're out of them, your returns will lag behind those that are in so that's ultimately going to be an intelligence test for financial markets this decade is how quickly do large asset managers get into the space and

get exposure and allow the tail wind to take over? >> victoria, jump in. >> i have a quick question if someone asked me two years ago about boitcoin or crypto, i would say it's a fad we have central banks looking how to do digital currency we're long term fund mental investors so we look at balance sheets we look at business models we look to the growth potential to see if we want to invest in something. how do i evaluate a crypto, a bitcoin to really do true fundamentals and see if it matches my portfolio >> so i'll talk about bitcoin. that's the one i spend the most time on. if you think of bitcoin today. it's doing an annualized $6.5 trillion of on change chance action that's 50% of visa's transaction volume if you look at minor revenue doing between 35 to $45 million

a day in revenue to the people that run that network and when you look over a decade at the compound annual growth rate 150 to 200% depending on the price of bitcoin in a given day. look at the long term trends, you start to look at the underlying fundamentals and the hash rate continuing to hit all time high after all time high and users signing up every single fund mental points to this is not only something that is here to stay but it's actually something that is still very early in the life cycle and has a lot of growth left to run. you have to be careful trying to compare it to a sass business or something like that but there is definitely things to look at, so some of what i mentioned to give you a sense of volume and underlying fundamentals and how they inkreecrease the volume ovr time. >> thank you for joining us and victoria, i like your question about the fund mentals i want a fundamental answer to own this bottom line this

what should we do with crypto? >> anthony hit it on the head. there will be some people that trade and look at the crypto currency fundamentals and believe in it long term. that's where i stand for myself and clients. if you look at it in different ways, time will tell in a space like this that's barely new but i think for all investors, it's really interesting at this point. >> and now your investors will be able to have access to it that's a very good point delano, thanks. >> coming up, we're about to round out the hot list of the one partf e rk suc othmaetpring things up. you're watching a special edition of "fast money" on cnbc we're back in two. a cutting-edge data-security enterprise. yes, with a slide. a perfect location for the world's first one-hour delivery. an inspiration for the next workout cult. and enough space for a pecan-based nutrition bar empire. it could happen.

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and live a life rich in meaning, and gratitude. to learn more, text thrive to 444555, or visit thrivent.com. well ccome back to this spea edition of "fast money" we have a big hour on the news with sheppard smith. ali is in for shep tonight. >> the russian group responsible for the hack while microsoft says they are at it again. 150 u.s. government agencies are being targeted now the u.s. government says they

are trying to figure this out. we'll talk what this means for u.s. russian relations three weeks before president biden's face-to-face meeting with russian president vladimir putin and covering a police department in california that is now using drones ahead of 911 calls to get the scene on the ground before police get there not everybody is happy about the g eyes on the sky. we have that and a look at memorial day travel. >> sounds like a packed show can't miss thank you. we'll see you at the top of the hour on "the news with shepard smith." up next, the moment you've been waiting for we're moments away from revealing the final hot trade of the night stick with us, this find etidion of "fast" is back right after this and it's not something we just achieve at the end. it's a feeling... of freedom to live our lives the way we intended. though the ups... ...the downs

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welcome back to this special edition of "fast money" we have one left to go but first, we want to know what you're hot on. we have a couple questions first up, daniel has a question on apple. >> hey, "fast money" , i'm a young invester who buys stocks on his own my biggest holding is apple l stock. i wanted to know your advice for

young investors like myself on the future of apple stock. >> delano, this is for you what do you think? >> daniel, i like the hair style so we have kind of the same thing going there. if you look at apple, it's not for innovation but right now for integration. ecosystem into our lives, hardware, software, platform this is something you would be lucky to own 15, 10 years ago and now, as well. >> next, we have a question from brandon on how to play the reopening trades. >> hey, "fast money" taeam. i remember five or six months ago, lowes was 150 , 160 per share and shouldn't be overlooked by buyers from home depot. lowes may be a better price than home depot after the huge run, what do you think about lowes versus home depot considering the reopening trade? thank you.

>> i love this one victoria, this is for you. what do you think? >> brandon and i don't have the same hair style at all, home depot and lowes there is still room to run. look at the contractcontractorst and long list of jobs. i'm 3.5, 4-months wait for a contractor to do work on my house because supplies, they can't get them you look at the stocks, they both performed around 20, 23% over the last six moments but home depot really has better internal operations in our opinion and so they trade a little higher because of that but we think it's worth that premium overload so between the two, we would go with home depot. >> such a classic pairing, lowes versus home depot. time for one more question this one is on amazon. >> this is kavon from maryland

question with amazon stock it been trading at the same level since 2020 and now a ceo change record nasdaq beats mgm i'm wondering if there is thought to believe there is future continued upside in amazon at this point if it could be a buy, thanks. >> cool to have young investors. tim, what do you say on this one? >> yeah, well, he is pointing out amazon is dead money since last investors, this is the most diversified stock out there. one that i think is actually growing into the valuation this used to be one people said too expensive, too kpexpensive. the mgm accusation exciting. it supports the prime video, which basically supports prime that's why we're so addicted to amazon and aws 31% growth is high growth if ill st slowed do.

so again, to me at a time when people are questioning valuation strangely enough, i actually think amazon is a very interesting expensive, inexpensive stock. >> you got at least three companies in one entertainment, retail, aws it's a very interesting play. >> advertising. >> oh, yeah, of course, definitely more than three businesses all hour we've been tackle ing h hottest trades stocks in this group are lighting up. shares of u.s. based grow generation hydro farm and green thumb finishing mixed today but higher on the week by 7% at least. can this sector continue to catch fire let's go to tim. he's all in on the cannabis trade and long on a number of stocks and a portfolio manager on the cannabis etf and sits on the advisory board of cannabis companies. all of tim's december

disclosures are on our website so if you don't know much about cannabis and the cannabis trade, what are the fundamentals that are driving stock decisions right now in this group? >> really important. great question courtney there are a macro trade that i think a lot of our aud yience knows there is legalization going of state by state and federal legislation to come. that's a driver. certainly part of the reason you're interested in this asset class is the addressable market is growing the case where i think we'll get federal legislation will bring in a lot of institutional money. right now, a lot of the biggest investors in the world can't really invest here as an investor, if you buy an etf or name, those are names first of all big inls const -- institutions can largely own because they don't touch the plant with the exception of

green thumb. overall, once institutions were allowed to buy this sector, it's going to lift the boat of all these valuations the most important dynamic here is this is a hyper growth industry so the top five or six companies in the space have grown their top linesomewhere between 50 and 60% on an annualized basis and the profitability that was a big challenge in 2017, 2018 and early 2019, these are profitable companies and in many cases, they're on their second or third management team so an exciting time to invest. >> can i ask you quickly, tim, if it's a hyper growth industry, what is the biggest risk regulation or is that a barrier coming down? >> i think your biggest risk is company by company the right business model for example playing for interstate commerce or playing for not touching the plant that's -- you have to find the right companies and i would just say they're younger companies so

as you would in any sector, find great management teams this is happening. not when but how much and how big and this will be sophisticated cpg like spirits, just like tobacco and pharma. >> we don't have a lot of time left victoria, what do you make of the cannabis trade >> yeah, so the majority of our equity asset have a valuable base screen on them where we can't invest but taking a broader look, we have to think some of these companies we're mentioning now, we wonder if as time goes on they get incorporated into larger companies, maybe tobacco companies that know how to deal with regulation and capital reach inenvironment. i would be watching that space. >> okay. as we leave you this friday, a reminder to remember those who fought for this country on memorial day we thanked them for their sacrifice and for their service. that does it for this special edition of "fast money" my thanks to victoria, delano

and tim. don't go anywhere. the news starts right now. memorial day weekend begins with a near normal feel. i'm ali velshi in for shepard smith. this is the news on cnbc >> we're getting our lives back. >> cases dropping, business booming. >> it's like we've been hibernating for so long. we're excited. >> how americans are kicking off the holiday weekend. >> it's a shame for the fear factor. >> the bipartisan commission to investigate january 6th fails in the senate, but the push to learn what happened not over yet. russian hackers strike again. >> using our own service and our own infrastructure for access and constantly innovating