Fast Money Picks For November 8th (GM, KEG, RIG, PLCM, WPI)
On CNBC's Fast Money, Anthony Scaramucci said that he likes General Motors Company (NYSE: GM) for the economic recovery. General Motors Company (GM) jumped 1.69% today, and it closed at $24.01.
Scott Nations is not a believer in a recent rally in gold, because the options volume was weak today.
Steve Grasso would buy Key Energy Services, Inc. (NYSE: KEG) on Tuesday. Key Energy Services (KEG) added 1.54%, and it closed at $13.86.
Guy Adami expects to see a recovery in Transocean LTD (NYSE: RIG). He believes that we saw a bottom in this stock last week. Transocean LTD (RIG) jumped 1.56%, and closed at 50.90.
Karen Finerman likes Polycom, Inc. (NASDAQ: PLCM), and wants to buy it tomorrow. Polycom, Inc. (PLCM) spiked 6.66% in the regular trading session, and it added 5.87% in the after hours.
Joe Terranova believes that Watson Pharmaceuticals, Inc. (NYSE: WPI) should be bought tomorrow. He would put a stop loss at $62.91, which is WPI's 200-day moving average.
