Fast Money Picks For August 20
Speaking on CNBC's Fast Money, Tim Seymour said that iShares MSCI All Peru Capped Index Fund (NYSE: EPU) is breaking out and he wants to buy the stock. EPU fell 0.73 percent Tuesday and closed at $36.55.
Dan Nathan is a buyer of Sprint (NYSE: S). He explained that this is a speculative buy and he has placed a tight stop loss order in this trade. Sprint dropped 4.09 percent Tuesday and closed at $5.39.
Brian Kelly would buy Freeport-McMoRan (NYSE: FCX) on Wednesday. He likes the stock because of its exposure to copper, gas and gold. Freeport-McMoRan fell 0.22 percent and closed at $36.29.
Guy Adami thinks that McDonald's (NYSE: MCD) is a buy. The stock managed to bounce off its support level and it could trade up to $100, thinks Adami. McDonald's jumped 0.21 percent and closed at $94.45.
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