The traders on CNBC’s Fast Money discussed trades for Tuesday October 28.
Tim Seymour would sell Nike, although the company is extending its deal with Apple, and management expects a strong holiday season. Seymour thinks the stock has risen enough.
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Steve Grasso would buy Twitter on a dip following its disappointing earnings.
Macy’s has fallen, and Karen Finerman thinks it is a buy at $57 or lower. UBS downgraded J.C. Penney because of competition from Macy’s.
Guy Adami is bullish on Facebook ahead of the quarter, and thinks mobile numbers will be good. Recently, Facebook launched its Rooms feature that allows users to have discussions without registering their real names.