Fast Money Picks For August 4th (EEM, HIG, TGT, VMW, AKS, NLY)
On CNBC's Fast Money, Tim Seymour suggested that investors should buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM) for a short term bounce to $46. After that, another leg lower will follow. iShares MSCI Emerging Markets Index (ETF) (EEM) lost 0.35% today, and closed at $45.46.
Guy Adami likes Hartford Financial Services (NYSE: HIG), and he wants to buy it tomorrow. Hartford Financial Services (HIG) gained 2.01%, and closed at $22.34.
Karen Finerman thinks that Target Corporation (NYSE: TGT) is a buy. Target Corporation (TGT) gained 1.63% on Wednesday, and it closed at $49.75.
Steve Grasso believes that AK Steel Holding Corporation (NYSE: AKS) is oversold, and he wants to buy it on Thursday. AK Steel Holding Corporation (AKS) lost 3.07% in the regular trading session, and added 1.12% in the after hours.
Joe Terranova likes technology space, and in that space, he would buy VMware, Inc. (NYSE: VMW). VMware, Inc. (VMW) gained 2.03%, and closed at $97.
Brian Stutland is a buyer of Annaly Capital Management, Inc. (NYSE: NLY), because he believes in mortgage backed security market. Annaly Capital Management, Inc. (NLY) gained 3.34%, and closed at $17.93.
