Market Overview

Fast Money Picks For August 12

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CNBC's Fast Money Tim Seymour said on the show that he has been bearish on Russia, but recent development in Ukraine could offer a small window to take a long position in Yandex NV
(NASDAQ: YNDX), which is the best of the breed in his opinion.

Yandex gained 0.03 percent on Monday and it closed at $29.01.

Dan Nathan said that he likes AT&T (NYSE: T). He explained that in the environment in which the bond yields just won't go up, a purchase of a 5.3 percent dividend yield stock is a good investment decision. AT&T closed flat on Monday, at $34.47.

Karen Finerman is a seller of Oppenheimer SteelPath MLP Funds Trust (NYSE: AMLP). She knows that AMLP had a nice run, but it is time to sell now. AMLP gained 2.97 percent Monday and it closed at $18.70.

Posted-In: Dan Nathan Karen FinermanCNBC Long Ideas Short Ideas Fast Money Media Trading Ideas

 

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