Market Overview

Fast Money Traders Share Their Picks In The Media Sector

Share:
Related DIS
3 Ways Snapchat Is Responding To Slow User Growth
10 Interesting Things You Might Not Know About Pornhub
Empire Life Investments Inc. Buys JELD-WEN Holding Inc, Lowe's Inc, CVS Health Corp, Sells SPDR ... (GuruFocus)
Related CBS
Which Media Firms Are Benefiting Most From President Trump?
Is 21st Century Fox The Only Media Stock Worth Buying?

Steve Grasso spoke on CNBC's Fast Money about Walt Disney Co (NYSE: DIS). He said that its 50-day, 100-day and 200-day moving averages are clustered together and it looks to him that the stock is going to break down or break out on the upside. He likes the idea of buying the stock against its $90 support.

Brian Kelly is concerned that Disney can't move above $100. He would also consider buying it at $90, because he thinks the stock is range bound.

Tim Seymour would own CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIA). He thinks these stocks have some upside, but he added that there is so much uncertainty in the space.

Posted-In: Brian Kelly Steve Grasso Tim SeymourCNBC Fast Money Media Trading Ideas

 

Related Articles (CBS + DIS)

View Comments and Join the Discussion!