Fast Money Traders Share How Would They Trade The Weakness In Commodity Space

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Pete Najarian said on
CNBC's Fast Money
that he expects to see a dividend cut in
Enbridge Energy Partners, L.P.EEP
. He believes that it will trade like
Kinder Morgan IncKMI
, after a big move lower there is going to be a bounce higher. Steve Grasso believes that
Plains All American Pipeline, L.P.PAA
won't be able to maintain its dividend at a current level of 12 percent, because of a slow growth and there won't be a lot of producers that are going to use the company's pipelines. Guy Adami thinks that
United States Steel CorporationX
is in a troubled industry. It has a dividend of only 2.5 percent, but it might cut it and the move might be interpreted as a good sign by the market, added Adami.
Posted In: CNBCFast MoneyCommoditiesMarketsMediaGuy AdamiPete NajarianSteve Grasso
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