Fast Money Picks For September 16

CNBC Fast Money's Tim Seymour said on the show that a long position in gold has been a losing trade and it probably is going to continue to be a losing trade, but the gold miners could offer some upside. He recommended a long position in Barrick Gold Corporation (USA) ABX and he expects the stock to reach $18.20 or $18.30 from its current price of $16.44. Dan Nathan is long Twitter TWTR and he is looking to add to his position if the stock drops to its mid to low 40s. Twitter fell 5.24 percent on Monday and it closed at $49.38. Karen Finerman is a buyer of Childrens Place PLCE, which fell 0.93 percent on Monday. She explained that the stock traded lower since it posted a good earnings result and she is encouraged by the problems The Gymboree GYMB is having. She finds that good for Childrens Place. Guy Adami thinks that Darden Restaurants DRI is a buy. The stock spiked 4.96 percent on Monday.
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Posted In: CNBCMediaDan NathanGuy AdamiKaren FinermanTim Seymour
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