Fast Money Traders Share The Stocks To Buy In An Uptrend Market
CNBC Fast Money's Tim Seymour said that he is a buyer of Baidu (NASDAQ: BIDU). Although it is trading at its 52-week highs, the company has a growth of 59 percent and it is successfully monetizing mobile and improving its margins.
Pete Najarian likes the transportation stocks, specifically the airlines and he also likes the tech companies and the financials. Among the financial stocks, Goldman Sachs (NYSE: GS) is the stock he would buy. It is trading just at book value right now and it is going to trade higher because of all the deals that currently are going on.
Steve Grasso likes KB Home (NYSE: KBH) because the stock trades at an attractive valuation. Guy Adami commented that he likes the stock because of the high short interest.
Celgene (NASDAQ: CELG) is the stock Adami would buy. He thinks that 19 times forward earnings is not expensive for this company. He added that he likes the management and that the stock is going to trade higher.
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