On CNBC's Fast Money, David Seaburg said Wal-Mart Stores, Inc. WMT is going to outperform into the year end. He added that Burlington Stores Inc BURL, Dicks Sporting Goods Inc DKS and Wal-Mart are going to benefit the most from the expected tax reform.
Brian Kelly is not a buyer of Wal-Mart, because he expects an increase in its cost of goods sold. He explained that there is going to be a wage increase both in the U.S. and China.
Guy Adami is a seller of Nordstrom, Inc. JWN. He said the stock rallied too much and too fast and he believes its valuation makes no sense. He also thinks Macy's Inc M has more room on the downside.
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