Fast Money Picks For May 4

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On CNBC's Fast Money Final Trade
, Tim Seymour said that big companies in the iron ore space are going to stop overproducing. He wants to start buying
Cliffs Natural Resources IncCLF
. Steve Grasso thinks that higher interest rates are good for
Bank of America CorpBAC
. He is a buyer of the stock. Brian Kelly is a seller of
Utilities SPDR (ETF)XLU
because higher interest rates are going to hurt the space. Guy Adami likes
Metlife IncMET
. He explained that $52 is a break out level.
Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour
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