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Fast Money’s Lottery Ticket Trades
30 Mar 2012 EDT - CNBC.com
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With mega-millions fever sweeping the nation, we thought it seemed appropriate to look at something we call Lottery Ticket trades – stock plays that involve higher risk but offer higher rewards.

If you can stomach the risk, our gang has some ideas.

GT Advanced TechnologyZach Karabell sees this trade almost as a binary event.

“GT makes silicon wafers for LED and solar,” he explains. “The solar market has been terrible but the LED market should become profound.

"This stock will either go up a whole lot or down a whole lot,” he says, depending on whether the solar weakness or LED strength prevails.

(At the time of writing, this company had a market cap of $992 million.)

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Talbots“This could go big or not at all,” says Patty Edwards of the beleagured retailer.Edwards thinks it’s a good sign that private equity has reportedly made bids for Talbots . “This is a company that’s been getting offers and they’re rejecting them all. I take it as a sign that management thinks they can turn the company around," she reveals. "From what I’m seeing in the stores, maybe they can. But make no mistake, this is a wing and a prayer trade,” she adds.

(At the time of writing, this company had a market cap of $214 million)

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