Fast Money Traders Share Their Picks Ahead Of The Election
Tim Seymour said on CNBC's Fast Money that he would be a buyer of United States Steel Corporation NYSEX and Cemex SAB de CV (ADR)CX 1.17% ahead of the election.
Steve Grasso would be in cash leading into the election, but he thinks stocks like Monsanto CompanyMON 0.45%, NXP Semiconductors NVNXPI 0.05% and Time Warner IncTWX 0.44% could become interesting after the election.
Brian Kelly thinks there could be some inflation ahead and he wants to buy gold. One way to get a long exposure in gold is by purchasing SPDR Gold Trust (ETF)GLD 0.15%.
Guy Adami is a buyer of U.S. BancorpUSB 0.62%. He thinks it's the most conservative bank, but its valuation might be a little bit stretched. He added that he can't be extremely bullish until iShares Russell 2000 Index (ETF)IWM 0.58% gets above $126 or $130 level.