CNBC’s Fast Money Traders discussed first trades for Monday October 16.
Tim Seymour said he likes Kroger (KR) as a U.S. based supermarket stock which is insulated from geopolitical problems. The company has strong catalysts, is taking market share and has performed well.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Pete Najarian likes EMC (EMC) and thinks the stock is cheap enough that it is attracting a lot of buyers. Recently rumors that Cisco might take over EMC were dismissed and the stock dropped slightly on the same day.
Brian Kelley recommends the XLE (XLE) ETF, because he sees energy as a safe haven
Guy Adami likes Medtronic (MDT). The company received criticism for tax inversion with its Covidien acquisition, but the stock rose 3.5% on Friday.
