Fast Money Picks For January 14

On CNBC's Fast Money, Dan Nathan recommended a short position in Utilities SPDR (ETF) XLU. He thinks that the utilities space is the most expensive in the market right now, despite rates not going higher any time soon. He bought the March 48/44 put spread in Utilities SPDR (ETF). Brian Kelly is a buyer of GoPro Inc GPRO after the stock slipped 12.17 percent on Tuesday. Karen Finerman expects to see a move towards $100 in CVS Health Corp CVS and she wants to buy the stock. Steve Grasso thinks that Google Inc GOOG should be bought if it holds above $490. He is encouraged by the strength in the stock on a weak day for the market.