Fast Money Traders Take Position On Stocks Reporting Earnings This Week

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Steve Grasso spoke on
CNBC's Fast Money
about
Chevron CorporationCVX
which is due to report earnings on January 30. He thinks that it is still too early for large integrated names in the energy space which were pseudo safety bets so far. Grasso added that in the energy space he would only consider buying the refiners. Tim Seymour has a long position in
Altria Group IncMO
ahead of earnings report, which is due on Friday before the bell. He said that the cigarette business is contracting, but the pricing power continues to grow. Seymour thinks that
Altria Group
is a fantastic company with a nice dividend yield, but he is a little bit concerned about its performance if the market pulls back, because it had a great run recently.
Google IncGOOGL
is going to report earnings on Thursday after the bell. Karen Finerman said that the stock had a disappointing 2014 and it didn't start as a stellar in 2015. It reminds her on
Microsoft Corporation
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MSFT
a year ago, an old name in the industry with a great product and a fantastic balance sheet. She thinks that the company has a lot of drivers, but it also has some expense issues. Finerman believes that the valuation is very attractive, but she can't say what is the catalyst that is going to move the stock higher. She is comfortable owning the stock, but she thinks that it is time for
Google
to start returning cash to shareholders. Pete Najarian added that he doesn't own Google because he doesn't see growth in this name. He likes
Visa IncV
ahead of earnings on Thursday. It has a great growth of revenues and earnings per share.
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Posted In: CNBCMediaKaren FinermanPete NajarianSteve GrassoTim Seymour
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