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Fast Money Traders Share Their Picks For 2016

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On CNBC's Fast Money, Guy Adami said that Lockheed Martin Corporation (NYSE: LMT) should do well in 2016. He likes its dividend yield and he thinks that the stock has pretty reasonable valuation. He is not worried about a potentially negative effect of elections on the defense stocks, because he thinks that they should do well in any administration.

Tim Seymour likes Wal-Mart Stores, Inc. (NYSE: WMT). He thinks the company is stabilizing and he sees an improvement in gross margins. Seymour believes that Walmart Pay should have a positive impact on the stock.

Dan Nathan would buy QUALCOMM, Inc. (NASDAQ: QCOM) in 2016. He likes its cash position and its dividend yield and believes in a turnaround for the company. It has a strong balance sheet and it might do an acquisition to boost growth, added Nathan. He also thinks that it might fix its problems in China.

Karen Finerman thinks that Anthem Inc (NYSE: ANTM) should do well next year. She explained that the stock performed well so far and it has more upside. Management is doing well and there is a potential for a merger.

 

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Posted-In: CNBC Dan Nathan Guy Adami Karen Finerman Tim SeymourLong Ideas Media Trading Ideas