Fast Money Traders Reveal Their Top Stock Picks for the New Year

Karen Fineman's Pick: Warner Bros. Discovery (WBD)

• 💡 Karen Fineman highlights Warner Bros. Discovery (WBD) as a potential "quiet" performer for the new year, noting its upcoming separation from Comcast.
• 🎯 She suggests that owning Comcast means owning its core businesses, and the separated WBD entity, which includes CNBC, NBC Sports, and golf, could be an interesting risk-reward opportunity.
• 🚀 Fineman believes management will be unleashed to make these businesses profitable, and recent interest in media assets like WBD indicates potential upside.

Carter Worth's Contrarian View: Banks vs. Investment Banks

• 📊 Carter Worth points out the strong performance of investment banks and brokers like Morgan Stanley, Goldman Sachs, IBKR, and Robin Hood in the past year.
• ⚠️ He suggests fading these brokers due to their outsized gains relative to the BKX index.
• 🏦 Instead, Worth favors stable, large banks within the BKX, such as JP Morgan, US Bank, and PNC, seeing them as a better bet compared to the volatile investment banking sector.

Dan Nathan's Consumer Internet Thesis

• 💡 Dan Nathan believes consumer internet stocks have been largely overlooked and could experience an "AI moment" in the coming year.
• 📌 He lists potential beneficiaries including Spotify, Netflix, Uber, Snap, Pinterest, and others that have been "left for dead."
• 🌱 These companies may find renewed interest and a fresh start in the next year.

Energy Sector Outlook

• 📈 The energy sector, specifically XLE, has been trading sideways since late 2022, forming a plateau.
• 🚀 There is an expectation that the energy sector will break out to the next level in the new year.