Fast Money Picks For August 13

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Tim Seymour said on
CNBC's Fast Money Final Trade
that he would buy Nokia Corporation (ADR)
NOK
on Wednesday. He explained that the company announced very good numbers this week. Nokia closed flat on Tuesday at $7.72. Dan Nathan thinks that Twitter Inc
TWTR
could trade higher, close to $50, if the company manages to build on the numbers it reported in Q3. Twitter gained 1.25% today and it closed at $43.81. Karen Finerman is watching Kate Spade & Co
KATE
after the stock fell 25.39%. She suggested that investors should buy the stock if it opens lower tomorrow. If it opens higher, let it go, said Karen Finerman. Brian Kelly would sell iShares iBoxx $ High Yield Corp Bond (ETF)
HYG
. He increased his short position in this ETF on Tuesday. Mr. Kelly explained that $93.50 was a support before the ETF traded lower, but now it is a resistance. HYG fell 0.02% on Tuesday and it closed at $93.41.
Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBrian KellyDan NathanKaren FinermanTim Seymour
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