Alibaba, Mattel, Nucor, Qualcomm: Fast Money Picks For November 2

Tim Seymour recommended on CNBC's "Fast Money Final Trade" a long position in QUALCOMM, Inc. QCOM. He thinks valuation is very interesting, but he admits there are some issues.

Karen Finerman bought put options in Mattel, Inc. MAT.

Steve Grasso is bullish on Alibaba Group Holding Ltd BABA. He is looking for a move higher on earnings.

Guy Adami likes Nucor Corporation NUE.