Fast Money Picks For July 12th (GLW, CVS, MSG, MO)

On CNBC's Fast Money, Joe Terranova recommended investors to buy CVS Caremark Corporation CVS on Monday. CVS Caremark Corporation (CVS) gained 1.26% today, and closed at $29.80. Patty Edwards thinks that Corning Incorporated GLW should be bought, and Guy Adami likes Madison Square Garden, Inc. MSG. Corning Incorporated (GLW) added 0.63% today, and Madison Square Garden (MSG) fell 4.61%. Steve Grasso believes that Altria Group, Inc. MO is a buy. Altria (MO) fell 0.09% on Friday, and had a volume of 15.03M traded shares. Mike Khouw said that investors should not believe in this rally, and they should use it to hedge their positions.