Fast Money Picks For August 10th (NETC, HPQ, GENZ, ANDE)
On CNBC's Fast Money, Tim Seymour suggested investors who followed him in Net Servicos de Comunicacao SA (ADR) (NASDAQ: NETC) to take profits tomorrow. Net Servicos de Comunicacao SA (ADR) (NETC) gained 1.56% today, and closed at $13.06.
Guy Adami recommended investors buy Hewlett-Packard Company (NYSE: HPQ). He believes that $41.95 is an important point of reference for this stock. Hewlett-Packard Company (NYSE: HPQ) fell 7.99% today, and closed at $42.60.
Karen Finerman wants to establish a long position in Genzyme Corporation (NASDAQ: GENZ). She thinks that the best way to do that is with the October 70 – 75 call spread. Genzyme Corporation (GENZ) fell 2.49% today, and closed at $67.46.
Brian Kelly thinks that wheat could continue to move higher. He wants to buy The Andersons, Inc. (NASDAQ: ANDE), as a play on higher wheat prices. The Andersons, Inc. (ANDE) fell 0.72% today, and closed at $37.32.
Joe LaVorgna of Deutsche bank thinks that S&P 500 is going to 1,300.
