Fast Money Picks For July 13th (QCOM, SLW, COV, SWN, SPY)

On CNBC's Fast Money, Stephen Weiss said that he would buy QUALCOMM, Inc. QCOM on Wednesday. QUALCOMM, Inc. (QCOM) fell 2.95% today, and it closed at $56.52. Guy Adami thinks that Silver Wheaton Corp. (USA) SLW is a buy. Silver Wheaton Corp. (USA) (SLW) added 4.80% today, and closed at $36.66. Mike Khouw suggested that investors should hedge their positions, and Dan Nathan is also thinking about protection. Mr. Nathan is a buyer of put options in SPDR S&P 500 ETF SPY. SPDR S&P 500 ETF (SPY) fell 0.43%, and closed at $131.40. Karen Finerman likes Covidien plc COV, and wants to buy it tomorrow. Covidien plc (COV) gained 0.69%, and closed at $52.65. Joe Terranova said that he is a buyer of Southwestern Energy Company SWN, because natural gas prices are up again. Southwestern Energy Company (SWN) added 1.36%, and closed at $43.28.