The CNBC Fast Money traders discussed buys for Friday, October 3.
Josh Brown said that Twitter (TWTR) “holds up better than anything else, ” and since people seem to be buying the stock, it is a good idea to join them. Twitter rose 2.5% on a JPMorgan upgrade. An analyst said that the monetization gap between Twitter and Facebook should narrow.
Jon Najarian is buying American Airlines (AAL) because of the Ebola-inspired selloff in the airline sector. Airlines have already started to recover, with American Airlines rising 8% on Thursday after Wednesday’s decline.
Pete Najarian likes Teva (TEVA), because the stock is showing resilience, rising after it was downgraded.
Stephanie Link would buy McDonald’s (MCD). The company and the stock have been troubled lately, but there are rumors that an activist investor may take a large stake in the company and turn it around. Shares were trading up 1.6% on Thursday.