Published On: Wed, Nov 12th, 2014

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

stocks

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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