Fast Money Picks For August 4th (EEM, HIG, TGT, VMW, AKS, NLY)

On CNBC's Fast Money, Tim Seymour suggested that investors should buy iShares MSCI Emerging Markets Index (ETF) EEM for a short term bounce to $46. After that, another leg lower will follow. iShares MSCI Emerging Markets Index (ETF) (EEM) lost 0.35% today, and closed at $45.46. Guy Adami likes Hartford Financial Services HIG, and he wants to buy it tomorrow. Hartford Financial Services (HIG) gained 2.01%, and closed at $22.34. Karen Finerman thinks that Target Corporation TGT is a buy. Target Corporation (TGT) gained 1.63% on Wednesday, and it closed at $49.75. Steve Grasso believes that AK Steel Holding Corporation AKS is oversold, and he wants to buy it on Thursday. AK Steel Holding Corporation (AKS) lost 3.07% in the regular trading session, and added 1.12% in the after hours. Joe Terranova likes technology space, and in that space, he would buy VMware, Inc. VMW. VMware, Inc. (VMW) gained 2.03%, and closed at $97. Brian Stutland is a buyer of Annaly Capital Management, Inc. NLY, because he believes in mortgage backed security market. Annaly Capital Management, Inc. (NLY) gained 3.34%, and closed at $17.93.
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Posted In: CNBCLong IdeasEmerging Market ETFsFast MoneyMediaTrading IdeasETFsBrian StutlandConsumer DiscretionaryFinancialsGeneral Merchandise StoresGuy AdamiInformation TechnologyJoe TerranovaKaren FinermanMaterialsMortgage REIT'sMulti-line InsuranceSteelSteve GrassoSystems SoftwareTim Seymour
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