Fast Money Star Wars VII Trades

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On CNBC's Fast Money
, traders discussed what to buy ahead of the Star Wars VII release. David Seaburg is a buyer of
Walt Disney CoDIS
. He thinks that the momentum in the stock is going to continue, but he advised traders to be careful because the success of the new Star Wars episode is already priced in. He believes that
Walt Disney Co
can reach $140 - $145 price level and then he expects to see a selling pressure. Steve Grasso has a long position in
Walt Disney Co
and he thinks that it has a 20 percent upside potential. Grasso is also long
Electronic Arts Inc.EA
, because of its Star Wars Battlefront video game. Guy Adami would take profits in
Walt Disney Co
at $122 because ESPN and cable are not doing well. Brian Kelly believes that
Hasbro, Inc.HAS
should profit on the Star Wars VII release.
Posted In: CNBCMediaBrian KellyDavid SeaburgGuy AdamiSteve Grasso
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