Actionable news
All posts from Actionable news
Actionable news in CX: CEMEX S.A.B. DE C.V.,

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 Company MON 0.45%, NXP Semiconductors NV NXPI 0.05% and Time Warner Inc TWX 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. Bancorp USB 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.

© 2016 Benzinga does not provide investment advice. All rights reserved.