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Fast Money Traders Share Their Views On Macy's And Deckers Outdoor

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On CNBC's Fast Money, Karen Finerman spoke about Macy's, Inc. (NYSE: M). She thinks that the market expected the company to miss on comparable sales and to post a lower guidance. Finerman thinks that numbers were not as bad as they could have been. She added that a lot of bad news is already priced in and she likes the stock.

Guy Adami said that Macy's showed some strength on a bad week for the rest of the market. If it opens on Thursday around $37.50, he would be a buyer. Adami thinks that the stock is going higher.

Brian Kelly believes that it is really hard to sell Macy's now, because it is down a lot. He also thinks that a lot of bad news is priced in, but he would stay on the sideways, because he thinks that there are more interesting stocks in the market.

Steve Grasso said that Deckers Outdoor Corp (NYSE: DECK) might move higher. He has a long position in the name.

 

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Posted-In: Brian Kelly CNBC Guy Adami Karen Finerman Steve GrassoMedia Trading Ideas