Fast Money Traders Take Positions On Tripadvisor, FireEye, Michael Kors And Nu Skin

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Speaking on CNBC's Fast Money, Joe Terranova commented on a 14.30 percent decrease in price in Tripadvisor Inc TRIP. He said that the stock currently trades in low $70s, but it is a mid $70s stock. Terranova added that he prefers Expedia Inc EXPE.

Jon Najarian likes Michael Kors Holdings Ltd KORS and he thinks that a 8.42 percent decline on Tuesday was a gift. He explained that everything that this company sells is bought overseas and with a strength in dollar these purchases are more attractive.

Stephen Weiss said that he has never liked Nu Skin Enterprises, Inc. NUS and that he would stay away from the stock after it declined approximately 15 percent.

FireEye Inc FEYE has also dropped approximately 15 percent on lower-than-expected revenue and Pete Najarian thinks that it would be a better idea to pick a stock in the security space that has earnings. FireEye Inc has growth, but it still hasn't found a way to record profits and that is a major issue, thinks Najarian.

Posted In: CNBCFast MoneyMediaTrading IdeasJoe TerranovaJon NajarianPete NajarianStephen Weiss
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