Market Overview

Fast Money Picks For September 3

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Related BBY
Best Buy's Canadian Restructuring Is Worth It, Wall Street Says
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Best Buy to Revamp Canadian Operations, Plans Restructuring - Analyst Blog (Zacks)

Tim Seymour said on CNBC's Fast Money Final Trade that he would sell Best Buy (NYSE: BBY). The stock fell 1.69 percent on Tuesday and closed at $31.35.

Dan Nathan wants to take profits in Home Depot (NYSE: HD). He thinks that the stock could drop to $85 and that is the price level where he would take a long position again. Home Depot fell 2.02 percent and closed at $91.15.

Karen Finerman suggested to traders that have a long position in Apple (NASDAQ: AAPL) to sell some upside call options. Apple jumped 0.78 percent and closed at $103.30.

Guy Adami thinks that there is more upside for Palo Alto Networks (NYSE: PANW) after a price increase of 5.59 percent. He is a buyer of the stock.

Posted-In: Dan Nathan Guy Adami Karen Finerman Tim SeymourCNBC Fast Money Media Trading Ideas

 

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