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Fast Money Picks For The End Of The Year

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Tim Seymour said on CNBC's Fast Money that iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM) is oversold. He thinks that it is probably going to trade lower in the short term, but things are going to stabilize and in the long term it should do well. Seymour thinks that a long trade in iShares MSCI Emerging Markets Indx (ETF) should be profitable by the year end. He also likes its 3 percent dividend yield.

David Seaburg believes that traders are going to wish they bought Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) in a year from now. He explained that the company has shown that it can monetize as mobile and it has a new cost-conscious CEO. He added that the stock is relatively inexpensive and he would buy it.

Brian Kelly thinks that Market Vectors Gold Miners ETF (NYSE: GDX) should do well by the end of the year. He believes that interest rates are going to be negative in 2016 and gold is going to do well in a such environment.

Guy Adami likes Raytheon Company (NYSE: RTN) as a long-term trade. It has a 2 percent dividend yield and it trades at a P/E of 17. The company is buying back the stock and Adami thinks that it is doing so for the right reasons.

 

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Posted-In: Brian Kelly CNBC David Seaburg Guy Adami Tim SeymourLong Ideas Media Trading Ideas