Fast Money Picks For October 29

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Tim Seymour said on
CNBC's Fast Money
that
Freeport-McMoRan IncFCX
got destroyed on earnings on Tuesday. Seymour suggested that viewers should start to look at it on Wednesday because it has a great dividend yield and it has diversified its business.
Freeport-McMoRan Inc
dropped 4.16 percent on Tuesday and it closed at $29.03. Brian Kelly would take a short position in
iShares iBoxx $ High Yid Corp Bond (ETF)HYG
on Wednesday.
iShares iBoxx $ High Yid Corp Bond (ETF)
gained 0.16 percent and it closed at $92.56. Karen Finerman likes
Navios Maritime Acquisition CorporationNNA
because tanker rates are moving up and the company is going to put some assets in a master limited partnership. The stock spiked 6.74 percent on Wednesday. Guy Adami thinks that
Hartford Financial Services Group IncHIG
should trade above $45.
Hartford Financial Services Group Inc
gained 2.95 percent and closed at $38.80.
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Posted In: CNBCMediaBrian KellyGuy AdamiKaren FinermanTim Seymour
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