Market Overview

Fast Money Picks For December 6th (VZ, TSU, GIS, TRLG)

On CNBC's Fast Money, Stephen Weiss said that he would buy defensive stocks, because the problems in Europe are not over. He recommended a long position in Verizon Communications Inc. (NYSE: VZ), because of its dividend yield. Verizon (VZ) gained 0.53% today.

Dan Nathan thinks that it would be wise to lower the exposure ahead of the EU summit, Scott Nations doesn't believe in this rally.

Tim Seymour would buy TIM Participacoes SA (ADR) (NYSE: TSU) tomorrow. TIM Participacoes SA (ADR) (TSU) gained 2.35%, and it closed at $24.87.

Guy Adami believes that General Mills, Inc. (NYSE: GIS) is going higher. He is a buyer of this stock. General Mills, Inc. (GIS) added 0.63% today, and it closed at $40.21.

Joe Terranova thinks that True Religion Apparel, Inc. (NASDAQ: TRLG) is a buy. True Religion Apparel, Inc. (TRLG) jumped 2.52% today, and it closed at $36.14.

Tags: Dan Nathan, Guy Adami, Joe Terranova, Stephen Weiss, Tim Seymour

Posted in: CNBC, Long Ideas, Fast Money, Media, Trading Ideas

 

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