Fast Money Picks For January 7

On CNBC's Fast Money Final Trade, Steve Grasso said that he is a buyer of Altria Group Inc MO. He likes its 3.8 percent dividend yield.

Brian Kelly would sell BlackRock, Inc.BLK. He believes that the stock is challenged in the current market environment, because of high yield problems and because people are getting out of the market.

Karen Finerman thinks that Oaktree Capital Group LLC OAK is a buy.

Guy Adami believes that the price action in Macy's, Inc. M is encouraging. He wants to buy the stock.