Fast Money Traders Share The Stocks They Would Trade If The Fed Raises Interest Rates

On CNBC's Fast Money, David Seaburg said that he would buy Toll Brothers Inc TOL if the Fed decides to raise interest rates. He believes that demand is going to increase because people are going to borrow money if the Fed makes the move.

Brian Kelly wants to sell SPDR KBW Regional Banking (ETF) KRE as a sell the news trade. He believes that all the action in the banks is going to take the place before the FOMC meeting.

Guy Adami thinks that CME Group Inc CME would be a good buy on the news. All the instruments that are traded on the exchange will move and people will be forced to trade them. The valuation is a little bit rich, but the CME could be a winner if the Fed increases rates.

Steve Grasso believes that E*TRADE Financial Corp ETFC would be the best pick in case of the rate hike.