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Tim Seymour said on the show that he is a buyer of
Market Vectors Oil Services ETFOIH because it is oversold. OIH jumped 2.80 percent on Wednesday.
Dan Nathan was caught on the wrong side of a trade in
Tesla Motors IncTSLA after the stock jumped 7.15 percent in after-hours trading. He thinks that this is just a short squeeze and that it won't hold $250 on Thursday. Traders with a long position should take profits on this move, thinks Nathan. He also recommended a short position in the name.
Steve Grasso thinks that investors are still hunting for yield. He would buy
Southern CoSO, which added 2.17 percent on Wednesday.
Guy Adami likes
Medtronic, Inc.MDT and he wants to buy it on Thursday.
Medtronic gained 1.13 percent on Wednesday.
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