Fast Money Picks For October 29 - Hartford Finl Servs Gr (NYSE:HIG), Freeport-McMoRan (NYSE:FCX)

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Tim Seymour said on CNBC's Fast Money

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that Freeport-McMoRan Inc (NYSE: FCX) got destroyed on earnings on Tuesday. Seymour suggested that viewers should start to look at it on Wednesday because it has a great dividend yield and it has diversified its business. Freeport-McMoRan Inc dropped 4.16 percent on Tuesday and it closed at $29.03. Brian Kelly would take a short position in iShares iBoxx $ High Yid Corp Bond (ETF)

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(NYSE: HYG) on Wednesday.

iShares iBoxx $ High Yid Corp Bond (ETF) gained 0.16 percent and it closed at $92.56.Karen Finerman likes Navios Maritime Acquisition Corporation (NYSE: NNA) because tanker rates are moving up and the company is going to put some assets in a master limited partnership. The stock spiked 6.74 percent on Wednesday.Guy Adami thinks that Hartford Financial Services Group Inc (NYSE: HIG) should trade above $45. Hartford Financial Services Group Inc gained 2.95 percent and closed at $38.80.