The Dow and S&P indexes finally closed in the green for the first time this year, tech stocks are still lagging, with NASDAQ down everyday in 2016 thus far in 6 trading sessions.
CNBC Fast Money Final Trades 01/11/2016
Pete Najarian – Buy Foot Locker (FL), trading at $62.62 as of closing 01/11/2016. In a difficult market, do not go bottom picking in the energy space. Take a look at the leisure space such as NKE or FL.
Steve Grasso – Buy American Eagle (AEO), trading at $13.49 as of closing 01/11/2016. Was down 15% on Friday, Need to hold $13.15 to be buyable again.
Dan Nathan – Buy Under Armour (UA), trading at $69.96 as of closing 01/11/2016. UA has gone from $80 to $70 in 3 trading days. If it’s at $60 in the near future before they report on Jan 28th, buy UA as a contrarian trade.
Guy Adami – Buy Netflix (NFLX), trading at $114.97 as of closing 01/11/2016. Strong performer in a flat market.