The CNBC Fast Money traders and special guest Regis Philbin, discussed trades for Friday November 7.
Tim Seymour would sell Disney (DIS). Its numbers are strong, but Seymour said it is a ” What are you going to do for me tomorrow” situation. It is likely to continue to perform, but the valuation is too high.
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Regis Philbin, long-time Fast Money fan, would buy Kors (KORS). The company reported some disappointing numbers, but with new stores opening in Europe, Regis feels good about the business long-term.
Pete Najarian noted that Foot Locker (FL) has had a dip, and he thinks the stock goes higher.
Karen Finerman agrees with Tim and would take some Disney off the table.
Guy Adami thinks Qualcomm (QCOM) is a buy on its recent decline. The company reported solid earnings, but is being hit with investigations in Europe and China.