The traders on CNBC’s Fast Money discussed trades for Thursday December 4.
Tim Seymour is bullish on U.S. Steel (X). David Einhorn, however, according to SeekingAlpha’s Market Currents, is bearish on U.S. Steel, because he sees increased imports of steel, and believes X has peaked.
Pete Najarian likes CSX (CSX), because the volumes are strong. The railroad stocks were punished last month when Norfolk Southern management said consolidation in rails would be “highly problematic.”
Brian Kelley is a buyer of the ETF (SLV). Oil and precious metals have seen a bounce the last few days, and may go higher.
Guy Adami is a buyer of Pilgrim’s Pride (PPC), because although it has run up, he believes it can go higher.