CNBC Fast Money's Steve Grasso said on the show that he would buy Walt Disney Co DIS. He explained that on a relative strength index basis the stock is oversold and the last time it was oversold it rallied almost 20 percent. It also showed some strength on a day when the whole market was struggling.
David Seaburg likes Nike Inc NKE. He thinks that if the market is going to trade higher it has the best chance to outperform.
Brian Kelly thinks that Johnson & Johnson JNJ should be bought. He thinks that there is a $0.50 risk and that it could trade up to $100. He would use a stop loss.
Guy Adami would buy UnitedHealth Group Inc UNH. It trades at a forward price to earnings of 24, which he doesn't find expensive.
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