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First Trades For Monday: Apple, GDX, Twitter, McDonald’s

stock picks


The traders on CNBC’s Fast Money discussed trades for Monday, November 17.

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Pete Najarian would buy Apple (AAPL). The company has been said to be on the lookout for enterprise app developers to expand its reach into enterprise iOS apps, according to SeekingAlpha.

Brian Kelley is bullish on the GDX ETF. Gold rose along with oil on news that OPEC may cut its production to help stabilize dwindling prices of oil.

Josh Brown is a buyer of Twitter (TWTR). Some analysts have expressed concerns over Twitter’s level of debt and that it isn’t likely to be cash positive until 2016. However, the company is spending to grow and continues to have an edge over competition.

Guy Adami likes McDonald’s (MCD). Jana Partners recently took a stake in MCD. Some think that activist investing firm will encourage the fast food restaurant to simplify its menu and operate more efficiently.



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