Fast Money Traders Share Their Defensive Trades

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CNBC Fast Money's Tim Seymour said on the show that he is a buyer of Wal-Mart Stores, Inc. WMT. He believes that Walmart Pay is going to have a positive impact on the stock. Seymour added that he also likes its 3 percent dividend yield.

David Seaburg thinks that Reynolds American, Inc. RAI is a good stock to buy. He sees a double digit earnings growth over the next two years. The stock is trading at 18 times earnings and Seaburg believes that it could trade at 22, which sets its price to $55.

Brian Kelly sees a bright future for BlackBerry Ltd BBRY. He is a buyer of the stock.

Guy Adami likes Mastercard Inc MA. He explained that the company has just announced a buyback and it has increased its dividend. Adami added that it doesn't have a crazy valuation.

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Posted In: CNBCLong IdeasMediaTrading IdeasBrian KellyDavid SeaburgGuy AdamiTim Seymour
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