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.
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.
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.