Fast Money Picks For March 6th (GFI, QQQ, PLCE)

, Tim Seymour suggested that investors should take a long position in Gold Fields Limited (

)

on Tuesday. He said that gold stocks are trading in a 20% range, and currently they are near the bottom of the range. He would open a half of the position now, and a half 2% lower. Gold Fields Limited (

) (

) fell 2.15% today, and it closed at $15.17. Karen Finerman wants to sell a part of her position in Children's Place Retail Stores, Inc.

. The stock had a nice run, but she wants to be disciplined and take some off. Children's Place Retail Stores, Inc. (

) gained 3.20%, and it closed at $53.51. Guy Adami thinks that Precision Castparts Corp.

is a buy. Precision Castparts Corp. (

) lost 0.11% today, and it closed at $167.14. Brian Kelly would buy call options in PowerShares QQQ Trust, Series 1 (

)

. He explained that the volatility is low. PowerShares QQQ Trust, Series 1 (

) (

) fell 1.03%, and it closed at $64.20.