Fast Money Picks For June 16

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On CNBC's Fast Money Final Trade
, Tim Seymour recommended a long position in
Intel CorporationINTC
. He thinks that the stock trades 20 percent lower than the big cap semiconductor stocks and it has a very good support around current price level. He would place a stop loss $0.50 lower, around $30.89, and his target price would be at $37 or $38. Pete Najarian believes that
Target CorporationTGT
should be bought. He thinks that Brian Cornell is making all the right moves and that the stock is going to move higher. Dan Nathan is on the other side of Seymour's trade. He would sell
Intel Corporation
because he expect the company to report a disappointing guidance in July. Nathan believes that the stock has to prove it can hold $30. Guy Adami is a buyer of
Gap IncGPS
.
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Posted In: CNBCMediaDan NathanGuy AdamiPete NajarianTim Seymour
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