Fast Money Traders Share Their Thoughts On Boeing, Alibaba And Yahoo

On CNBC's Fast Money, Guy Adami said that Boeing Co BA is a great company and the stock is not expensive trading at 14 times forward earnings, but it has not traded well entire year. He doesn't believe that it is going to $120, which has been a significant support. Adami thinks that the stock should be trading higher and that traders should give this stock some time to reach its potential.

David Seaburg commented that people are concerned with macro economic risks that Boeing is facing and also there are concerns about its cash flows. He thinks that the cash flow is going to be fine and that the stock is a buy.

Pete Najarian thinks that we haven't seen the bottom for Alibaba Group Holding Ltd BABA yet. He is disappointed with PMI data from China. Najarian wouldn't rush to buy Yahoo! Inc. YHOO because it is moved by Alibaba.

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Posted In: CNBCFast MoneyMediaDavid SeaburgGuy AdamiPete Najarian
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