The traders on CNBC’s Fast Money discussed trades for Tuesday December 2.
Steve Grasso thinks that even though Dominos is up 35% for the year “the stock never looks like it’s turning back.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Dan Nathan thinks retail is a “monster short trade, ” and would bet against the ETF XRT.
Karen Finerman would buy ADT on weakness because it has sold down despite strong earnings. On its November 12th earnings report, ADT beat earnings estimates by 7 cents and saw a 4% rise in revenues.
Guy Adami says that although Walgreen had a terrible August, it has improved and might catch a takeover bid. The company recently announced a sale of bonds to finance its purchase of Alliance Boots, as reported by Seeking Alpha
