Fast Money Picks For January 27th (CIB, PACD, CNX, SPY)
CNBC Fast Money's Tim Seymour suggested on the show that investor should consider buying Bancolombia S.A. (ADR) (NYSE: CIB) on Friday. He explained that this bank has lagged its peers so far. Bancolombia (CIB) fell 0.14% today, and it closed at $58.09.
Mike Khouw said that if you are interested in hedging you could buy the March 125 puts in SPDR S&P 500 ETF (NYSEARCA: SPY), and spread out of them if the market declines. SPDR S&P 500 ETF (SPY) fell 0.51% today, and it closed at $131.90.
Ron Insana would buy SPDR S&P 500 ETF (SPY) after the 1%-2% pull back.
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