The traders on CNBC’s Fast Money discussed trades for Tuesday, November 11.
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Tim Seymour commented that JD.com (JD) is second largest player in ecommerce in China, and is a “very important company.” Like other Chinese ecommerce plays, it should benefit from the Chinese Singles Day holiday
Dan Nathan likes Macy’s (M), but would wait until it is at $55 or $56. Macy’s recently announced it is opening a store in Abu Dhabi.
Karen Finerman is bullish on JPMorgan (JPM), but thinks it has had a big recovery off of its lows. She would sell a bit off the top. The company recently released a new diversified return ETF.
Guy Adami would buy LionsGate (LGF). There is talk that LGF might be a takeover target for Alibaba.