Fast Money Picks For August 14

CNBC Fast Money's Pete Najarian said on a segment of the show called "Fast Money Final Trade" that the pipelines have been very active and that Markwest Energy Partners LP MWE should be bought on Thursday. Markwest Energy Partners LP MWE gained 0.04% and closed at $74.54 on Wednesday. Brian Kelly wants to buy Market Vectors Gold Miners ETF GDX. He said that Russia could lift the price of gold if it decides to back the ruble with gold. GDX gained 0.11% and it closed at $27.46. Jon Najarian is a buyer of Generac Holdings Inc. GNRC. He made fun of Brian Kelly's comment about gold and ruble by saying that if Putin decides to buy every generator on earth Generac would trade much higher and that is just as likely to happen as the ruble backed by gold scenario. Guy Adami said that Michael Kors Holdings Ltd KORS is still a buy. It held above the support from January. KORS gained 1.65% and it closed at $78.82.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasBrian KellyGuy AdamiJon NajarianPete Najarian
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