Fast Money Catch-Up Trades
Fast Money traders on CNBC's Fast Money spoke about stocks that have lagged the market so far, but now have the potential for the price increase.
Guy Adami thinks that General Electric (NYSE: GE) has not participated in the rally but it is a great stock, trading on reasonable valuation. He likes the CEO and the areas of potential growth. The industrial side of General Electric's business has a lot of positives, believes Adami. General Electric fell 0.73 percent Tuesday and closed at $26.03.
Dan Nathan likes Twitter (NYSE: TWTR). He believes that the start of the U.S. Open and the NFL could be positive catalysts and he is hoping for the same performance the stock had after the World Cup. He added that if Twitter jumps above $50, there could be a lot of upside. It gained 4.49 percent Tuesday and closed at $48.17.
Tim Seymour believes that Procter & Gamble (NYSE: PG) could perform well. He thinks that there is a lot of urgency to focus on the brands that have a bright future. The company is making the necessary efforts to sell certain brands. Seymour thinks that the valuation is not expensive.
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