Published On: Wed, Nov 12th, 2014

Fast Money Trades for Wednesday: Yandex, Compass, Finish Line, Qualcomm


The traders on CNBC’s Fast Money discussed trades for Wednesday November 12.

Tim Seymour would buy Yandex (YNDX). In spite of problems in Russia,   Yandex is up 6% after beating 3Q earnings. It revenue growth has accelerated and its sales of text ads have increased 33%

Steve Grasso is bullish on Compass Minerals (CMP). The company beat earnings per share by 3 cents and surpassed revenue estimates by $14.7M. Management also announced a $0.60 dividend

Karen Finerman would buy Finish Line (FINL). Its Q2 earnings were disappointing, but some pundits predict a strong holiday season.

Guy Adami is still recommending Qualcomm (QCOM). The chipmaker is facing litigation in Europe and China, but once these pressures ease, the stock may go higher.

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