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Tim Seymour said on
CNBC's Fast Money that
iShares MSCI Emerging Markets Indx (ETF)EEM is oversold. He thinks that it is probably going to trade lower in the short term, but things are going to stabilize and in the long term it should do well. Seymour thinks that a long trade in
iShares MSCI Emerging Markets Indx (ETF) should be profitable by the year end. He also likes its 3 percent dividend yield.
David Seaburg believes that traders are going to wish they bought
Alphabet Inc in a year from now. He explained that the company has shown that it can monetize as mobile and it has a new cost-conscious CEO. He added that the stock is relatively inexpensive and he would buy it.
Brian Kelly thinks that
Market Vectors Gold Miners ETFLoading...
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should do well by the end of the year. He believes that interest rates are going to be negative in 2016 and gold is going to do well in a such environment.
Guy Adami likes
Raytheon CompanyRTN as a long term trade. It has a 2 percent dividend yield and it trades at a P/E of 17. The company is buying back the stock and Adami thinks that it is doing so for the right reasons.
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