Fast Money Traders Share Their Picks Ahead Of Hurricane Irma

On CNBC's "Fast Money", Guy Adami spoke about stocks that should do well after the hurricane Irma.

He thinks there is more upside in Home Depot Inc HD and he wants to buy the stock. He also said he expects to see a recovery in Prudential Financial Inc PRU. He explained the insurance companies usually recover within 3 to 5 months from the major catastrophic event.

Tim Seymour believes that Energy Select Sector SPDR (ETF) XLE should be bought because the stock is breaking out to the upside. He added that the rig count has stabilized during the last three weeks.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCMediaTrading IdeasFast MoneyGuy AdamiTim Seymour
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!